April 17, 2011 at Brown University

  • When the global financial crisis emerged full flower in 2008, its immediate impact on Europe was seen mainly through short-term declines in exports that quickly rebounded. Europe, it seemed, had dodged the crisis of ‘debt-laded Anglo-Saxon’ capitalism. By 2010 however, the crisis arrived in Europe via the balance sheets of periphery sovereigns, quickly morphing into a crisis of core banks that threatens the existence of the Euro itself. But even if the Euro survives, we must ask to what extent the project of ‘one currency and one Europe’ can be seen as a success or a failure after the crisis.



    • mark_blyth

      Mark Blyth Watson Institute for International Studies

      "...economic health requires the stabilizer to coordinate macroeconomic policy within the system. In this domain, Germany failed spectacularly, by insisting that the rest of the world follow its peculiar ordoliberal economic philosophy of export-oriented growth. By ignoring long-established ideas such as the Keynesian “paradox of thrift” or the “fallacy of composition,” Germany is advocating a serious dose of austerity in the European periphery without even a hint of offsetting those negative economic effects with stimulus or inflationary policies at home."

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  • Schedule


    • April 17, 2012
      • 9:00 am - 10:15 amWas The Euro An Accident Waiting To Happen, The Victim Of A Mugging By The Markets, Or A Self-Inflicted Wound?
      • 10:20 am - 11:35 amThe Euro Crisis in Markets, Politics, and in the Media
      • 11:40 am - 1:00 pmWas it Really Different this Time? The Euro Crisis Compared.
      • 1:00 pm - 1:30 pmLunch
      • 1:45 pm - 2:30 pmKeynote Speaker: Martin Wolf - Financial Times
      • 2:45 pm - 4:00 pmWhat Else Could Have Been Done?
      • 4:15 pm - 5:30 pmThe European Project: Can Europe Survive the Euro?
      • 5:30 pm - 6:00 pmWrap Up
      • 6:00 pm - 7:00 pmCocktail Reception

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