Cyprus and the Euro Crisis
The Cypriot banking crisis reveals the danger of the euro crisis incapacitating Europe and the global economy more broadly. […]
Economic Instability
Don’t Buy the Hype on the Transatlantic Trade Deal
Expectations for the U.S.-EU free trade agreement are dangerously high. Reaching a deal is likely to take longer and produce smaller gains than optimistic figures suggest. […]
European Union Debt Crisis
The euro crisis continues to hamper Europe’s growth, and the risk of contagion hangs in the air. […]
Bubble Building
Speaking on RT CrossTalk, Carnegie’s Uri Dadush discussed the use of monetary expansion by advanced countries to redress their economies. He warned that although the world is not yet in a new bubble economy, it […]
Europe’s Stagnant Future
The euro crisis is far from over. The best possible outcome for Europe may be years of stagnation, as the danger of a renewed financial crisis is very real indeed. […]
Who Wants to Be Treasury Secretary?
Even a cursory review of the hard facts confronting recent Treasury secretaries suggests that the current nominee may end up facing the most difficult job of any of them. […]
The US economy is still inching towards the fiscal cliff
he prospects that the United States will find a solution for the fiscal cliff’s impending tax increases and spending cuts seem promising. […]
Club Med and the Sunbelt: Adjustment within Monetary Union
Differences between the U.S. and eurozone monetary unions go a long way towards accounting for how well or badly each has adjusted in the aftermath of large housing bubbles and severe financial crisis. […]
Obama’s Stake in Brussels
Propping up the euro through contentious fiscal and banking arrangements, all without adequate guarantees from countries on Europe’s periphery, may not produce the long-term stability that is in the interest of both sides of the Atlantic. […]
Euro Crisis: Back with a Vengeance
With European voters voicing their frustration at harsh austerity measures, economic fears are back in the eurozone and any respite from government and central bank intervention appears to be fading. […]