Nobel laureate Robert Mundell is calling for greater integration in Europe and a joint policy assault to lift the region out of crisis, he told sister publication Central Banking Publications, during an interview with founder, Robert Pringle.
He says to pull the euro area out of crisis, policies are needed "for the short run, intermediate run and long run".
In the short term, Mundell says policy is needed to manage the debt crisis. "This must involve austerity and adjustment along with policies
The week on Risk.net, July 7-13, 2018Receive this by email