TARGET2 imbalances and the stagnating political economy of Europe

A new approach is needed to respond to secular stagnation and imbalances in the Eurozone The Global Financial Crisis (GFC) of 2008 and succeeding sovereign debt crisis is still making its impact felt in Europe in sluggish growth and high unemployment, particularly in the periphery. Despite, apparently buoyant and benign … Continue reading TARGET2 imbalances and the stagnating political economy of Europe