Does Europe need a fiscal union to support its monetary union? This column argues that the cause of Europe’s problems is not public sector ill discipline but rather private sector ill discipline. In such a situation, it asks whether we should be trying to save a drowning man by putting him in a straightjacket.
Πηγή: Voxeu
Tyler Goodspeed (2026) Recession: The Real Reasons Economies Shrink and What to Do About It. London: Basic Books. pp. 310. What causes a recession? Do recessions
Beatrice Weder di Mauro, Jeromin Zettelmeyer Global imbalances are back: since 2018, the sums of current account surpluses and deficits have each increased by about 30 percent, reaching their
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