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Why the Euro will continue to weaken
09.03.2010
By: Wolfgang Münchau
When you consolidate the fiscal position, either the private sector deteriorates, or the current account has to improve. This would either imply, or necessitate, a depreciation.
The case for a weak dollar
13.10.2009
By: Wolfgang Münchau
The fall in the dollar is phantastic news for the world economy. It helps get rid of global imbalances.
Finally, the G20 has an agenda
29.09.2009
By: Wolfgang Münchau
It is about time that global leaders formally recognise the important of global imbalances as a cause for this crisis. The G20 has rightly included this issues in its action programme.
Why Germany's export model will no longer work after the crisis
09.06.2009
By: Wolfgang Munchau
If the US, the UK, and Spain can no longer maintain an excessive current account deficit, Germany, Japan and China cannot maintain an excessive current account surplus. This column maps out, how this adjustment process might work.
15.02.2009 Time to change Germany's economic model
13.11.2008 My three point plan for the G20
06.10.2008 Can the IMF Save the World?
Eurointelligence Briefing Notes
Is the euro challenging the dollar's role as a global currency?
When the Euro was launched in 1999, there was much speculation among academics and policy makers about whether the euro could challenge, over even overtake, the dollar as an international currency. Toward the end 2006, the euro has indeed become a big international currency, but has so far failed to challenge the dollar’s predominance in the main categories that define it as the world’s premier currency.
