The Eurozone crisis and the erosion of democratic legitimacy: Lessons from the gold standard. ACES Cases No. 2013.3

This paper makes four propositions. First, it argues that the euro’s institutional design makes it function like the interwar gold exchange standard during periods of stress. Just like the gold exchange standard during the 1930s, the euro created a ‘core’ of surplus countries and a ‘periphery’ of deficit countries. The latter have to sacrifice their internal domestic economic equilibrium in order to restore their external equilibrium, and therefore have no choice but to respond to balance of payments crises by a series of deflationary spending, price and wage cuts. The paper’s second claim is that the euro’s institutional design and the EU’s response to its ‘sovereign debt crisis’ during 2010-13 deepened the recession in the Eurozone periphery, as EMU leaders focused almost exclusively on austerity measures and structural reforms and paid only lip service to the need to rebalance growth between North and South. As Barry Eichengreen argued in Golden Fetters, the rigidity of the gold standard contributed to the length and depth of the Great Depression during the 1930s, but also underscored the incompatibility of the system with legitimate national democratic government in places like Italy, Germany, and Spain, which is the basis for the paper’s third proposition: the euro crisis instigated a crisis of democratic government in Southern Europe underlining that democratic legitimacy still mainly resides within the borders of nation states. By adopting the euro, EMU member states gave up their ability to control major economic policy decisions, thereby damaging their domestic political legitimacy, which in turn dogged attempts to enact structural reforms. Evidence of the erosion of national democracy in the Eurozone periphery can be seen in the rise of anti-establishment parties, and the inability of traditional center-left and center-right parties to form stable governments and implement reforms. The paper’s fourth proposition is that the euro’s original design and the Eurozone sovereign debt crisis further widened the existing democratic deficit in the European Union, as manifested in rising anti-EU and anti-euro sentiment, as well as openly Eurosceptic political movements, not just in the euro periphery, but also increasingly in the euro core.

The Rocky Road to an EU-Armenia Agreement: From U-turn to detour. CEPS Commentary, 3 February 2015

The EU was taken by surprise when the President of Armenia, Serzh Sargsyan, stood by his Russian counterpart and announced Armenia’s plans to join the Russian-led Customs Union in September 2013. After all, before this announcement Armenia and the EU had successfully concluded negotiations on their Association Agreement. Armenia is still suffering the consequences of the Kremlin’s coercion to reject this Association Agreement. Indeed, as Armenians around the world commemorate the centenary of the Armenian Genocide by Ottoman Turkey, the Republic of Armenia is facing mounting challenges. The country remains subject to an economic blockade by Turkey and is in conflict with Azerbaijan. Ever since President’s Sargsyan’s astonishing volte-face, the EU and Armenia are still in the process of trying to rework the failed agreement. The author of this commentary argues that because the future of any new agreement is uncertain, negotiations should be accompanied by a pragmatic EU-Armenia roadmap. This roadmap, alongside the start of the visa liberalisation process and Armenia’s signing up to the European Common Aviation Agreement and Horizon 2020, could become a deliverable at the Riga Summit on 26-27 April 2015.

Social Democracy, Globalization and Governance: Why is there no European Left Program in the EU? CES Germany & Europe Working Papers, No. 00.6, April 2000

This paper addresses globalization and governance in the EU by attempting to generate some plausible hypotheses that might explain the policy choices of the 12 out of 15 European democratic left governments. With all of the discussion in recent years of a democratic deficit, and then need to maintain a "social Europe," why have these governments not produced more explicit left-wing policies? It suggests three possible hypotheses to account for this apparently mysterious outcome. Hypothesis #1: They want to but they can't. Hypothesis #2: They don't want to because they aren't really left anymore. Hypothesis #3: They could, but they all are suffering from a fundamental failure of imagination. The paper explores each of these hypotheses in two ways. First it examines the initial years of the Schröder government in Germany apparently, pursuing each of these three hypotheses and different times during this period. Then it looks more systematically and comparatively and each of the three hypotheses by including analysis both of Germany and several other EU member states. The larger goal of this work is to provoke discussion and research on what role left political movements can actually play. Is it even reasonable to expect such a group of nation states to develop innovative forms of cross-national governance? Or are new and/or revised forms of representation and governance beyond traditional nation-state models.

Surgical cryoablation for ventricular tachyarrhythmia arising from the left ventricular outflow tract region.

BACKGROUND Ventricular arrhythmias (VAs) from the left ventricular outflow tract (LVOT) region can be inaccessible for ablation because of epicardial fat or overlying coronary arteries. OBJECTIVE We describe surgical cryoablation of this type of VA. METHODS From March 2009 to 2014, 190 consecutive patients with VAs originating from the LVOT underwent ablation at our institution. Four patients (2%) underwent surgical cryoablation for highly symptomatic VAs after failing catheter ablation. RESULTS In all patients, endocardial or percutaneous epicardial mapping was consistent with origin in the LVOT. In 2 patients, the points of earliest activation during VAs were marked with a bipolar pacing lead in the overlying cardiac vein for guidance during surgery. Surgical cryoablation was successful in 3 of the 4 patients. The fourth patient subsequently had successful endocardial catheter ablation. During a mean follow-up of 22 ± 16 months (range 4-42 months), all patients showed abolition of or marked reduction in symptomatic VA. However, 1 patient subsequently required percutaneous intervention to the left anterior descending coronary artery; another developed progressive left ventricular systolic dysfunction caused by nonischemic cardiomyopathy; and a third patient underwent permanent pacemaker implantation because of complete atrioventricular block after concomitant aortic valve replacement. CONCLUSION Surgical cryoablation is an option for highly symptomatic drug-resistant VAs emanating from the LVOT region. Despite extensive preoperative mapping, the procedure is not effective for all patients, and coronary injury is a risk.

Eye Gaze and Turn Taking in Aphasia Patients

In every conversation you have, there is an unspoken code – a set of social rules that guide you. When to stop talking, where to look, when to listen and when to talk…

Grain size composition of sediment cores from the Weddell Sea, Antarctica

Sedimentary processes in the southeastern Weddell Sea are influenced by glacial-interglacial ice-shelf dynamics and the cyclonic circulation of the Weddell Gyre, which affects all water masses down to the sea floor. Significantly increased sedimentation rates occur during glacial stages, when ice sheets advance to the shelf edge and trigger gravitational sediment transport to the deep sea. Downslope transport on the Crary Fan and off Dronning Maud and Coats Land is channelized into three huge channel systems, which originate on the eastern-, the central and the western Crary Fan. They gradually turn from a northerly direction eastward until they follow a course parallel to the continental slope. All channels show strongly asymmetric cross sections with well-developed levees on their northwestern sides, forming wedge-shaped sediment bodies. They level off very gently. Levees on the southeastern sides are small, if present at all. This characteristic morphology likely results from the process of combined turbidite-contourite deposition. Strong thermohaline currents of the Weddell Gyre entrain particles from turbidity-current suspensions, which flow down the channels, and carry them westward out of the channel where they settle on a surface gently dipping away from the channel. These sediments are intercalated with overbank deposits of high-energy and high-volume turbidity currents, which preferentially flood the left of the channels (looking downchannel) as a result of Coriolis force. In the distal setting of the easternmost channel-levee complex, where thermohaline currents are directed northeastward as a result of a recirculation of water masses from the Enderby Basin, the setting and the internal structures of a wedge-shaped sediment body indicate a contourite drift rather than a channel levee. Dating of the sediments reveals that the levees in their present form started to develop with a late Miocene cooling event, which caused an expansion of the East Antarctic Ice Sheet and an invigoration of thermohaline current activity.

Top left: Res. of Horace N. Johnson, Sec. 29, Dexter Tp. Mich. Top right: Res. of John Costell, Dexter, Mich. Bottom: St. Joseph's Catholic Church, Dexter, Michigan

Dexter, Mich. residences and church. Publication information: Chicago, Ill. : Everts & Stewart, 1874.

Top left: F. Sorg, house sign and ornamental painter, dealer in oils, varnishes, glass, 26 & 28 East Washington St., Ann Arbor, Mich. Left: Res. of Mrs. Chas. Behr, Ann Arbor, Mich.; Botttom: Res. of Andrew Ten Brook, Ann Arbor, Mich. (na11,064)

Ann Arbor, Mich. residences and business. Publication information: Chicago, Ill. : Everts & Stewart, 1874.

Left: Livery & Sale Stables, J.A. Polhemus & Son, Proprs., Ann Arbor, Mich. Left: Buchoz's Block, Ann Arbor, Mich. Bottom: Orchestrian Hall, Fred Rettich, Proprietor, Ann Arbor, Mich.

Ann Arbor, Mich. businesses. Publication information: Chicago, Ill. : Everts & Stewart, 1874.

Left: Res. of John Starkweather, Sec. 5, Ypsilanti Tp. Mich. Right: Res. of Edwin Crane, Sec. 25, Pittsfield Tp. Mich. Bottom: Res. of A. Worden, Congress St. Ypsilanti, Michigan

Ypsilanti, Pittsfield Township (Mich.) residences. Publication information: Chicago, Ill. : Everts & Stewart, 1874.

Left: Union School, Ypsilanti, Mich. Right: Res. of J.C. Gillett, Sec.6, Ypsilanti Tp. Mich. Bottom: Res. of J.S. Worden, Congress St., Ypsilanti, Mich.

Ypsilanti, Mich. school and residences. Publication information: Chicago, Ill. : Everts & Stewart, 1874.

Left: Res. of J.S. Henderson, Sec. 5, Pittsfield Tp. Mich. Right: Res. of Randall Ross, Sec. 24, Pittsfield Tp. Mich. Bottom: Res. of Allen N. Crittenden, Sec. 35, Pittsfield Tp. Mich.

Pittsfield Township (Mich.) residences. Publication information: Chicago, Ill. : Everts & Stewart, 1874.

Top Left: Mr. O.C. Sweetland. Top Right: Mrs. O.C. Sweetland. Bottom: Res. of O.C. Sweetland, Sec. 9, Lodi Tp. Michigan

Lodi Township (Mich.) residence. Publication information: Chicago, Ill. : Everts & Stewart, 1874.