Our View: Ignoring advice and warning from foreign economists is a national policy

27-9-2019 Cyprus Mail CyprusMail Cool

Our View: Ignoring advice and warning from...

OUR politicians pay no attention to reports about the Cyprus economy by experts at the IMF, ECB or World Bank. One reason might be that they do not understand the economists’ jargon about “increasing external headwinds” and “slow pace of technology diffusion”, but a more plausible explanation is that they have a habit of ignoring what they do not like to hear.

Ignoring the advice and warnings from foreign economists is a national policy. In fact, the only time a government heeded the advice of foreign experts and closely cooperated with them was during...

This article was automatically added to our system 27-9-2019

Our View: Ignoring advice and warning from foreign economists is a national policy

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