Presentation and discussion with Jean Pisani-Ferry, Marcel Fratzscher and Jörg Rocholl
About the book:
The euro's life, while only slightly more than a decade long, has been riddled by a series of challenges and crises. The disparity between the prosperous Northern countries (Germany and France) and the plummeting Southern countries (including Italy and Greece) has exacerbated problems within the political and economic union of the eurozone. The northern countries, especially Germany, have debated where to draw the line between doing whatever is necessary to save the common currency, and what they have viewed as a charity bailout for countries who flouted the rules for a decade and suffered predictable consequences. Meanwhile, southern countries such as Italy, Spain, and Greece have grown increasingly bitter about the patronizing attitudes of their northern partners. Amidst loud and frequent debates, solutions – including strategies for increased integration and punitive policies as well as reforms – have been attempted and discarded, only having achieved a limited degree of success. The struggles facing this monetary union continue to develop even today.
The book The Euro Crisis and Its Aftermath is available at Oxford University Press.
Jean Pisani-Ferry, Professor of Economics and Public Management, Hertie school of Governance; Commissioner-General for Policy Planning, reporting to the French Prime Minister
Marcel Fratzscher, President and CEO of DIW Berlin (German Institute for Economic Research); Professor of Macroeconomics and Finance, Humboldt-University Berlin
Jörg Rocholl, President of the European School of Management and Technology (ESMT)
Kerstin Bernoth, Professor of Economics, Hertie School of Governance