The crisis in the euro area is long and painful, and progress towards its resolution is not proceeding in a linear way. The problem by now has been well-diagnosed. The euro was put in place without the proper institutions to support it. A monetary union needs a fiscal union pillar, a financial stability pillar and […]
The Economic Consequences of Abenomics: Currency Wars Ahead?
Last week Prof. Núria Mas described Abenomics: the economic …