Friday, September 16, 2011

EZ crisis: the answer is commitment

Thomas F. Cooley interviewed by Viv Davies

Vox

September 16, 2011

Thomas Cooley talks to Viv Davies about the debt crisis and why the Eurozone needs a credible institutional commitment and a strong fiscal authority. They discuss the role of the ECB, the banking system, ‘forced borrowing’ and the prospect of a two-track Eurozone. Cooley maintains that investment in education will be key to stimulating growth and competitiveness in the failing Eurozone economies. The interview was recorded on 15 September 2011.


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