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The Cyprus Economy: Reform or Shrink

Author

Listed:
  • Panos Pashardes

    (Department of Economics and Economics Research Centre, University of Cyprus)

Abstract

The structural problems of the Cyprus economy often originate from distorted wages, prices and profits that give rise to inefficient allocation of recourses. This note discusses some of these structural problems and argues for the reform of the tax-benefit system and the government payroll.

Suggested Citation

  • Panos Pashardes, 2011. "The Cyprus Economy: Reform or Shrink," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 5(2), pages 91-95, December.
    • Handle: RePEc:erc:cypepr:v:5:y:2011:i:2:p:91-95
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    File URL: https://www.ucy.ac.cy/erc/documents/Pashardes_91-95.pdf
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