Contributor(s): Professor Manolis Galenianos, Professor Alan Manning, Professor Antigone Lyberaki | Manolis Galenianos is Professor of Economics at Royal Holloway, University of London. Antigone Lyberaki is Professor of Economics at Panteion University, Greece.  Alan Manning is Professor of Economics in the Department of Economics and Director of the Community Programme at the Centre for Economic Performance at LSE. Vassilis Monastiriotis is Associate Professor of Political Economy at the European Institute (LSE).