The pandemic crisis constitutes an unprecedented challenge for the European Union and for the Euro Area. Despite a highly uncertain context, my colleagues and I outline some perspectives for the future of the European Union.
After the fall of the international monetary system based on the Bretton Woods Agreements, we have witnessed the emergence of two complexly intertwined phenomena, namely, Financialization and Global Imbalances.
Dans ces temps troublés pour l’économie mondiale plongée dans un coma artificiel, l’union monétaire européenne est sur la brèche.
In these dark times of ’Coronacoma’ for the World Economy, the European Monetary Union is on the brink… Again. This time, it could be truly different.
