October 12, 2017 - Le Monde recently published an editorial by a group of economists at the LUISS School of Political Economy, in which they respond to a recently published proposal on Eurozone reforms by a group of French and German economists. In their published response, the SEP Scholars argue that there should be a greater balance, as it relates to Eurozone reforms, between risk reduction and risk sharing. Unfortunately, the proposals contained in the document by the French and German economists do not accomplish this, and, in their view, may actually increase the risk of idiosyncratic shocks that endanger the Eurozone's very survival.
To view the recently published article (in French) click HERE or find the translated versions in English, Italian, and German below. To view the original proposals by the French and German economists (in English) click HERE.