Thomas Cooley, 16 September 2011

Thomas Cooley of New York University talks to Viv Davies about the debt crisis and why the Eurozone needs a credible institutional commitment and a strong fiscal authority. They discuss the role of the ECB, the banking system, ‘forced borrowing’ and the prospect of a two-track Eurozone. Cooley maintains that investment in education will be key to stimulating growth and competitiveness in the failing Eurozone economies. The interview was recorded on 15 September 2011. [Also read the transcript]

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