The Eurozone is an “imperfect currency union“ lacking effective mechanisms of fiscal transfer and sufficient levels of labour mobility at the inter-state level. In this context, faced with the risk of a euro breakdown, policymakers adopted austerity measures whose impact in terms of economic growth is highly controversial and risks being pro-cyclical. What can national and EU policymakers do today in order to support growth in the euro area? To what extent are incremental improvements sufficient? Should we rather overhaul the whole architecture of the Eurozone economic and currency union?
The lecture has been held in English
ISPI International Lectures are open to Graduate Students, Post-Docs, professionals with comparable levels of experience and education, who come together in a highly-stimulating environment to discuss their current research and build informal networks with their peers.
For any information please contact:
Mr. Giuseppe Dentice
phone: +39 02 86 33 13 228