The Eurozone is living the most crucial time since its establishment.
A solution to the euro debt crisis: Back from the future
Rafael Doménech, Javier Andrés, 26 June 2012
Eurozone crises left to fester
Daniel Gros, 21 December 2010
When the European Council met on 16 and 17 December 2010, they faced a menu of new ideas on how to better manage the Eurozone crisis. The ideas were suggested by economists and political leaders alike: Eurobonds, allowing the European Financial Stability Facility/Fund to buy debt on the secondary market, increasing the role of the ECB, to name just a few examples.
Saving jobs or saving institutions?
Tito Boeri, 16 December 2010
The package on economic governance to be discussed by the European Council on 16 December acknowledges the dangers associated with external imbalances as well as fiscal imbalances. It also provides rules for public debt (rather than simply deficit) reduction. Both innovations mark a significant improvement with respect to the defunct fiscal rules for the Eurozone.
The Irish ‘no’: Plan B
Daniel Gros, 16 June 2008
The official mantra after the No in Ireland seems to become “let us continue with the ratification process”. This is a high risk strategy since Ireland’s veto power will continue even if all other 26 ratify. The Irish electorate will know this and thus have little reason or incentive to vote differently at second referendum.
A feasible agreement on institutions at the June European Council
Stefano Micossi, Sebastian Kurpas, 13 June 2007
Breaking the deadlock on institutions at the June European Council is not impossible, but the German presidency needs to strike a deal that meets the divergent demands of the member states. The hard part is to find a compromise that does not cross member states’ red lines while still delivering real improvement in the functioning and democratic accountability of the EU institutions.
- Fiscal consolidation: At what speed?Blanchard, Leigh
- Public debt and economic growth, one more timePanizza, Presbitero
- Escaping liquidity traps: Lessons from the UK’s 1930s escapeCrafts
- The lessons of the North Atlantic crisis for economic theory and policyStiglitz
- Do entrepreneurs matter?Becker, Hvide
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
Reichlin, Baldwin, 14 April 2013