VoXeu - 21 Apr 2018
This is an important article for those interested in the future of Europe and the Eurozone. We don’t concur with the conclusions put forward by the author of “Euro Tragedy: A Drama in Nine Act”. He is, however, being heard by an increasing number of policy-makers and analysts. Mody essentially argues that the political divide in Europe may now be hard to heal without a major shift in focus back to national priorities (reads in 6-7 min).
Published in Weekly selection 21 April 2018
Foreign Policy - metered paywall - 27 Feb 2018
On the eve of the Italian parliamentary elections, it is worth reading this deeply (overly?) pessimistic article. The Italian economist claims that Italians are rearranging the deck chairs as their country irrevocably sinks. He attributes his country’s travails to 4 things: (1) lack of productivity growth, (2) a very negative demographic outlook, (3) oppressive levels of public debt, and (4) a sense of lost sovereignty that fuels nationalism and populism. Today, Italy is the Eurozone’s weakest link (reads in 7-9 min).
Published in Weekly selection 2 March 2018
The Guardian - 16 Sep 2017
Such an article would have been inconceivable a year ago when commentators were predicting Armageddon for Europe (though not The Monthly Barometer). Well… Today, the Eurozone is growing faster than the United States; and as this brief article demonstrates, structural reforms implemented since the financial crisis are slowly but surely starting to bear fruit, with the lowest unemployment since 2009 and production ratcheted up (reads in 4-6 min).
Published in Weekly selection 29 September 2017