Foreword
Introduction
Richard Baldwin and Francesco Giavazzi
Five years of crisis (resolution) – some lessons
Thorsten Beck and José-Luis Peydró
Maastricht flaws and remedies
Agnès Bénassy-Quéré
Roots of the Eurozone crisis: Incomplete development and imperfect credibility of institutions
Giancarlo Corsetti
Design failures of the Eurozone
Paul De Grauwe
Causes of Eurozone crises
Jeffrey Frankel
The Eurozone crisis and foreign debt
Daniel Gros
International financial flows and the Eurozone crisis
Philip R. Lane
What future for the Eurozone?
Stefano Micossi
Eurozone Original Sin? Nominal rather than institutional convergence
Elias Papaioannou
Structural reforms and monetary policy revisited
Paolo Pesenti
The main lessons to be drawn from the European financial crisis
Guido Tabellini
Causes of a continuing crisis: Not dealing with debt
Beatrice Weder di Mauro
Divergence of liability and control as the source of over-indebtedness and moral hazard in the European Monetary Union
Lars P Feld, Christoph M Schmidt, Isabel Schnabel and Volker Wieland
The Eurozone crisis: Too few lessons learned
Charles Wyplosz