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18.09.2008

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Wolfgang Munchau's Financial Times Columns

A year in which economic policy will matter

29.12.2008

My three economic policy priorities for 2009 are: maintain price stability; shrink and recapitalise the financial sector; and co-ordinate globally.


The case for UK membership of the euro

18.11.2008

There are four reasons why the UK might change its position on euro membership. These reasons are not new. What is new is that due to the financial crisis they weigh stronger than the benefits of monetary independence.


Forget about monetary policy

11.11.2008

Interest rate cuts may be desirable, but they are ineffective in dealing with the current crisis. The only effective instrument to prevent to sustained economic downturn is fiscal policy.


The crisis that pulls Europe closer together

04.11.2008

The financial crisis shows that the economic strategies of parts of non-euro area Europe are non viable. The result will be faster EU and euro area enlargement.


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