Faculty News | David Backus and Kim Schoenholtz

An op-ed by David Backus and Kim Schoenholtz on the euro crisis

— 10/15/2012

Excerpt from The Huffington Post -- "First, flaws in the design and implementation of the EMU have made the crisis worse. Second, the decentralized decision-making process of the EU, with political power concentrated in countries rather than Europe, makes effective crisis management nearly impossible."

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An op-ed by David Backus and Kim Schoenholtz on the euro crisis