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The Euro Gamble: Noble Visions, Obstinate Nation-States
FSI Stanford, The Europe Center Seminar
Date and Time
October 15, 2012
5:00 PM - 6:30 PM
Open to the public
RSVP required by 5PM October 12
Speaker
Josef Joffe - Editor of "Die Zeit" in Hamburg, Distinguished Fellow at FSI, and the Marc and Anita Abramowitz Fellow at the Hoover Institution
Note: The RSVP deadline has been extended to Oct. 12th
Good politics does not for good economics make, especially not in a sub-optimal currency area. Ten years into the euro, the skeptics were proven right. Instead of forcing all members into fiscal discipline and domestic reform, the common currency did neither; indeed it encouraged profligacy and business-as-usual. Now, the Eurozone has become a transfer and debt union. Europe, whose growth has been slowing for 40 years, will not regain competitiveness under the new dispensation.
This seminar is part of the European and Global Economic Crisis Series.
