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Economics & Trade Policy Global Policy Studies & International Security Politics and Governance

A Prisoner’s Dilemma: Why Spain and Portugal Won’t Support Greece

The Eurocrisis forced Spain and Portugal, like Greece, to ask Europe for financial support. In return, by mandate from their creditors these countries implemented budget cuts and unpopular structural reforms. As a consequence of these austerity measures, one out of two young people in Spain and Greece is unemployed; in Portugal, this number is nearly […]

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Economics & Trade Policy Politics and Governance

Catalonia’s referendum, a global example of Democracy

Last Sunday November 9, the Catalan government hosted a non-binding referendum on Catalonia independence from Spain. More than 2.3 out of the 7.5 million Catalans turned out and 81% voted in favor of independence. The Spanish government refuses to recognize the poll, leaving a heavy political gridlock at stake. Catalonia is not a lone star […]