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THE EUROPEAN UNION (EU) RECOVERY FUNDS

Well, Germany & France proposed 500 billion Euro to contain the economic damage and kick-start the EU economic recovery. Indeed, it's the EU economic downturn that needs a economic policy response. I observed some of the member states had economic growth for the past 10 years but their states politicians refused to control their spending and continued to have deficits. The EU should provide financing the member states that are responsible with their spending. Otherwise it would be a grave mistake from the EU and the EU will come to the rescue. I want the European Commission President  Hon. Ursula von der Leyen should tighter the member states integration and press for greater fiscal responsibility across the 27 member states along with structural reforms so that the EU will kick-start the economic recovery. Otherwise the EU will miss the pragmatic approach. Remember. Mr. Bruno said on BBC Hard Talk couple of days back that debt to GDP at 115 percent in 2021. We ha...

AN OPEN LETTER TO MEMBERS OF PARLIAMENT OF UK PLC.ON BREXIT PARLIAMENT VOTE

01 February   2017 AN OPEN LETTER TO MEMBERS OF PARLIAMENT OF UK PLC.ON BREXIT PARLIAMENT   VOTE Dear Right Honourable and Honourable Members of Parliament, I am writing to propose a way forward which reconciles the economic, political and constitutional consequences which arise the following BREXIT parliament vote. There are enough evidences that the EU referendum result was influenced by lies and hubris of BREXITERS. Most of the UK citizens had no idea what they voting for. Most of leave voters hadn’t clued what they were being asked to vote for. The British High Court and the Supreme Court pronounced their judgement on BREXIT issue as Parliament vote is must to invoke Article 50 of the Lisbon Treaty. I sincerely hope that members of parliament will give careful thought to the BREXIT on behalf of your fellow   citizens. The Hon. Members of Parliament, I have researched and writing it from the ground up, UK participation in the sin...

FULL-FLEDGED FISCAL POLICY COORDINATION IN THE EURO AREA 2014

FULL-FLEDGED FISCAL POLICY COORDINATION IN THE EURO AREA  To, The Right Honourable Prime Minister,       Mr. Prime Minister, we are facing wide differences in fiscal parameters across Member States. The fiscal policy coordination aims to achieve fiscal consolidation across Member States. It needs to be country-specific level because Member States differ in terms of private debt and the target of public indebtedness. The lack of fiscal policy coordination underlying weaknesses in economic policy coordination across Member States and there are clear differences in fiscal behaviour and competitiveness across Member States as all brings to clear-cut divide between debtor and creditor counties in the euro area. Fiscal policy coordination will act for preventing the accumulation of imbalances across Member States and is positively raise tax revenue domestically. Fiscal multipliers are not constant across Member States. For instance, la...

THANK YOU NOTE TO THE AMERICAN PRESIDENT 2014

Hon. President, I would like to begin by thanking you, your government and the Members of the US Congress for their generous support of transatlantic relationship with the EU. I have every confidence that your leadership inscribed rich chapter in the history on world’s largest free-trade deal with EU and make the EU even stronger. That is my vision as well for the future of EU stronger ever. I firmly believe that transatlantic relations remain a top priority for the US and the EU for future growth. “PARTNER IN GROWTH” will be a significant for future of the US and the EU on the international stage.” Once again, Thank you Mr. President for world’s largest free-trade deal with EU and make the EU stronger!

AN AMBITIOUS SUMMIT TOWARDS WORLD’S LARGEST FREE-TRADE DEAL WITH EU

Hon. American President Mr. Barack Obama, Mr. President, it is a great pleasure writing to you again on transatlantic relationship for European Union and the United States of America. America is Europe’s closest partner in Transatlantic Trade and Investment. It would be the most significant bilateral FTA. It does matter because it’s covering approximately 50 percent of global output, 30 percent of world merchandise trade and 20 percent of global FDI. Thus, both US and EU gains for fiscal consolidation and high employment as no additional spending or borrowing will be needed to achieve fiscal consolidation and high employment of the US and the EU. Indeed, cost reductions will benefit businesses and generate growth and employment in the US and the EU but reducing barriers to business would accord greatest economic benefits than tariffs as tariffs between the EU and US are already low. I hope that this press conference to commit to remove all duties on transatlantic trade and e...

DIFFICULTIES IN ADDRESSING INTERNATIONAL ISSUES OR ADVISING GOVERNMENTS ON SOUND POLICIES

DIFFICULTIES IN ADDRESSING INTERNATIONAL ISSUES OR ADVISING GOVERNMENTS ON SOUND POLICIES From my perspectives, addressing international issues or advising governments on sound policies are incredibly hard. If any one found it easy, they are doing it wrong. It requires lot of analytical skills. For instance,  1. It requires serious fact checking. 2. It requires new or more persuasive arguments, persuasive arguments offers different perspectives. 3. It requires clear thesis backed by rigorously marshaled evidence. 4. It requires complete information and being wrong has been consequences. 5. It requires learning to right. 6. It requires integrity, honesty, fair and balance arguments on international issues 7. It requires paternalistic theory consistently with sound arguments 8. It requires collective responsibility in problem solving. 9. It requires good connections and opinions acceptable to leaders.

THE EUROPEAN CENTRAL BANK INTEREST RATE HIKE

SUGGESTION TO THE EUROPEAN CENTRAL BANK PRESIDENT MR. TRICHET To:                         The Honorable European Central Bank President From:                      Athinarayanan Sanjeevraja RE:                         Interest Rate Hike Suggestions: Good Morning President. Financial Times, London reported that ECB like to hike the interest rate. The EU’s EMU has a number of big problems. The disparity of practice amongst mortgage lenders leading to radical differences in the effects of the ECB’s rate decision in different countries shows how premature EMU. Mr. President, without true economic union, monetary union causes further inequalities as m...