Peterson Institute for International Economics

Archive for November, 2011

  • The Failed Political Economy of the Euro Crisis

    The euro crisis has been extensively discussed in terms of economics, finance, political intrigues, and European institutions, but a key aspect—the political economy of the crisis—has received little attention. Politicians and social scientists from emerging economies, not least from Eastern Europe, look with amazement at this oversight. Europeans need to absorb and apply the lessons […]

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  • The Next Strategic Target: De Gaulle’s EU Legacy

    When Mario Draghi delivered his first prepared public remarks as president of the European Central Bank (ECB) in Frankfurt on Nov. 8, he provided several clues about the coming eight years. Conscious of taking charge in the midst of the bank’s and the euro area’s first major financial crisis, he dwelled first on monetary policy, […]

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