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EconoGraphics

Sep 29, 2015

How Does The Most Recent Greek Bailout Deal Compare With The Past Two Agreements?

By Global Business and Economics

The latest Memorandum of Understanding between the EU Institutions and the Greek Government passed in August, leaves Tsipras only one additional month to implement eighty-five initiatives. These reforms cover a diverse range of topics, from consolidating taxation policies to health and education reform.

Economy & Business European Union

EconoGraphics

Sep 22, 2015

Migrant Flows and the Future of Europe

By Global Business and Economics

As Europe confronts the migrant crisis, much of the current coverage remains fixed on short run trends, but in order to have a comprehensive perspective it is necessary to project these trends into the future. In spite of commonly held concerns of migrants' effect on European identity, many of these nations' birthrates and outflows of migrants will actually be higher than their intake of migrants. Negative flows of migrants could further weaken pension plans, as aging European populations struggle to balance social welfare models with demographic realities.

Afghanistan Economy & Business
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In the News

Sep 21, 2015

Montanino on the Implications of Falling Oil Prices

By Andrea Montanino

Global Business and Economics Program Director Andrea Montanino writes for Italian-language Corriere della Sera on the foreign policy implications of falling oil prices for the United States:

Energy & Environment United States and Canada

Andrea Montanino is a nonresident senior fellow with the GeoEconomics Center and a chief economist CDP, and chairman Fondo Italiano d’Investimento. Between 2014 and 2017, he served as the C. Boyden Gray Fellow on Global Finance and Growth, and the director of the Global Business and Economics Program at the Atlantic Council. He led the Council’s work on global trade, growth, and finance, launching the EuroGrowth Initiative as well as the Economic Sanctions Initiative.

Montanino previously acted as executive director of the International Monetary Fund (IMF), representing the governments of Italy, Albania, Greece, Malta, Portugal, and San Marino. Before joining the IMF, he was a career officer in the Italian Ministry of Finance from 2006 to 2012. As director general at the Treasury Department, he worked extensively to alleviate the impact of the great recession on the business sector, drafting and implementing a number of laws. He developed innovative partnerships with the private sector, including a public-private development bank, where he served as vice president, and a private equity fund for small and medium sized enterprises, where he first led the steering committee and later served as the treasury representative on the Board of Directors. He also was a board member in a private equity fund specializing in infrastructure projects. As a member of the cabinet and economic advisor to the Italian Minister of Finance, Montanino contributed to a comprehensive public budget reform policy effort, which was later implemented on a national scale.

He also spent four years (2001-2005) at the European Commission in the Directorate General for Economic and Financial Affairs. During those years, he worked on the reform of the EU budgetary rules and was responsible for the long-term sustainability analysis of European countries.

Montanino graduated summa cum laude in economics from the University of Rome, La Sapienza, in 1992. He holds a MSc in labor economics from the London School of Economics and a PhD in economics from the University of Rome, La Sapienza.