Simon Wren-Lewis, (2017), “A European Monetary Fund”, Mainlymacro.blogspot.gr, 25 October
Sapir and Schoenmaker at Bruegel have a discussion of what a European version of the IMF might look like and do. Here are my thoughts on the sovereign debt (not banking) side, which I am sure will be regarded once again as radical and will therefore be ignored.I think some new Eurozone institution is necessary, but not for the reason that most people might think.
Relevant Posts
- Maritta Paloviita, Markus Haavio, Pirkka Jalasjoki, Juha Kilponen, (2017), «Two percent or not two percent? Interpreting the ECB’s definition of price stability»,VoxEu, 24 October
- Gelpern, Anna, (2017), «The IMF’s New Role in Greece Proves Its Value for Europe and the United States», Peterson Institute for International Economics, 27 June