Lars Feld, Christoph Schmidt, Isabel Schnabel, Volker Wieland, 23 March 2016

Economists continue to debate how to safeguard the Eurozone, with some countries exiting the Crisis and some still reeling from it. This column, by members of the German Council of Economic Experts, concludes that reforms have mostly moved the Eurozone in the direction of ‘Maastricht 2.0’, stabilising the Eurozone. But it’s clear that more needs to be done.

Lars Feld, Christoph Schmidt, Isabel Schnabel, Volker Wieland, 22 March 2016

Hindsight is a wonderful thing. In the midst of a crisis, it is of course very hard to understand causality. This column uses the benefit of hindsight to present a nuanced view of the causes of the Eurozone Crisis as seen by members of the German Council of Economic Experts. To prevent the same crisis happening again, the Maastricht Treaty needs to be revitalised to enhance the future stability of the Eurozone and relieve the ECB of its role as crisis manager. 

Events

  • 17 - 18 August 2019 / Peking University, Beijing / Chinese University of Hong Kong – Tsinghua University Joint Research Center for Chinese Economy, the Institute for Emerging Market Studies at Hong Kong University of Science and Technology, the Guanghua School of Management at Peking University, the Stanford Center on Global Poverty and Development at Stanford University, the School of Economics and Management at Tsinghua University, BREAD, NBER and CEPR
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