Home > ECB, EMU Crisis, Fiscal Policy, Monetary Policy > What the G20 Should Do…

What the G20 Should Do…

November 3, 2011 Leave a comment Go to comments

I wrote a piece (with Jérôme Creel)   on the G20 meeting, that just appeared on the web edition of Le Monde.

In short, we argue that (unfortunately) it will not radically change matters in the EU.  The precedent of  the London  G20 meeting  in 2009 is not encouraging. Too many promises ended up being written on the sand…

We also argue that the only possible long term fix for the EMU woes is a radical rethinking of its economic governance, that puts back at the center of the stage discretionary policies.

Finally, out of the meeting  should emerge  a firm commitment (followed by acts) of the G20 to fight the resurgence of protectionism.

An English version of our piece  should follow soon.

  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: