Root causes of currency wars
Evenett, Simon. Discussion of currency wars has broken out again in the run-up to this week’s G20 finance ministers’ meeting in Moscow. This column points to the underlying policy choices responsible for the recurring currency disputes and the feeble ex-post rationalisations for them. Πηγή: Voxeu πλήρες κείμενο
We may have avoided the cliffs, but we still face high mountains
Blanchard, Olivier. The new year has provided cheer for macroeconomic optimists. This column by Olivier Blanchard, one of the world’s leading economists, argues that important progress has been made in putting the crisis behind us, but that recovery continues to be hampered by the need for fiscal consolidation and a weak financial system. Πηγή: Voxeu […]