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  • Author: Milton Ezrati
  • Publication Date: 11-2013
  • Content Type: Journal Article
  • Journal: The National Interest
  • Institution: Center for the National Interest
  • Abstract: FRANCE's ECONOMY is not just doing badly. It is in profound decline. The slide has proceeded far enough now that businesspeople and politicians across the Continent increasingly refer to France as the "sick man of Europe"-quite a distinction at a moment when Greece, Portugal, Spain and Italy share the hospital ward. For decades, European Union structures were strong enough to allow Paris to ignore the country's economic shortcomings. No longer. Unless Paris reforms its economic policies and practices, it could have a disastrous effect. Further economic woes may undermine the Franco-German cooperation on which the EU has relied, confronting the union with either dissolution or, more likely, an increasingly Germanic future.
  • Topic: Economics, Reform
  • Political Geography: United States, France, Germany
  • Author: Christopher Whalen
  • Publication Date: 11-2013
  • Content Type: Journal Article
  • Journal: The National Interest
  • Institution: Center for the National Interest
  • Abstract: PRESIDENT OBAMA and Congress continue to wrestle with competing ideas to fix America's housing crisis, ranging from abolishing Fannie Mae and Freddie Mac to introducing new regulations for repairing the rickety mortgage-financing system years after it crashed. To understand the enduring nature of today's housing-system mess, it is not really necessary to do much more than to look backward. To look, that is, at the careers of two former prominent politicians, each of whom has played an integral role in American finance in recent decades.
  • Topic: Government, Reform
  • Political Geography: United States, New York, America