Who would not want a financial system ...

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…

Last week Prof. Núria Mas described Abenomics: the economic ...

In recent months, Japan – the world´s third largest economy - has returned to center stage. On April 4, Japan embarked on a daring economic experiment. After two decades of stagnant growth and deflation, Prime Minister Shinzo Abe presented a “three arrow” program: Monetary stimulus to end deflation – the Bank of Japan launched the largest…