Waltraud Schelkle: “Eurozone must build risk-sharing mechanisms”0

• EU Governance and Politics, Interview, Social and Economic Policy
• 28/09/2016

Joseph Stiglitz can certainly not be counted among the friends of the Euro. His new book, The Euro and Its Threat to the Future of Europe, provides ammunition for Eurosceptics, on whichever side of the political spectrum: a harsh critique of the Single Currency, unrealistic policy proposals on how to save it (e.g. a fiscal federation), the conclusion that an “amicable divorce” would be best. In this interview, Waltraud Schelkle, Associate Professor in Political Economy at the European Institute, London School of Economics and Political Science, provides an alternative read of the euro area crisis.