Inflation Dispersion
Sarkozy jeopardises the future of the euro area
By: Wolfgang Münchau
Germany is heading for a balanced budget by 2011. France is heading for a fiscal shock. An old conflict is re-emerging, and it could prove highly destabilising for the euro area in the medium term.
EMU: Divergence or Convergence?
By: Nouriel Roubini, New York University and RGE Monitor
Has the process of monetary unification in Europe led to economic convergence or economic divergence in the Eurozone since 1999? The experience has been mixed. While growth divergence has not increased since 1999 there are a number of strains in this monetary union: asymmetric shocks, asset bubbles caused by common monetary policy, labor market rigidities, lack of adjustment of real exchange rates, limited role of risk insurance through financial channels, lack of risk sharing via federal fiscal policies.
Why the German corporate tax reform is misguided
By: Sebastian Dullien, FT Deutschland and Eurozone Watch
Germany's corporate tax reform is a prime – maybe the worst - example of the Grand Coalition’s inability to conduct sound economic policies. It also shows the weakness of the Social Democrats to defend their principles and the interest of their own constituency.
How dangerous is Nicolas Sarkozy?
By: Eurointelligence ECB Watch
If a politician on a campaign trail says a thing once, you can safely dismiss it. If he repeats it once or twice, you may still choose to ignore it. But if he says it twenty times, you should listen up. Nicolas Sarkozy’s bashing of the European Central Bank is not only extreme and stupid, it s also persistent, and this is why we should take it seriously.
24.09.2006 Why the Euro is here to stay
03.09.2006 Why Italy must reform
Displaying results 17 to 18 out of 18







