The unpleasant legacy of the crisis: public debt and low trend growth in the Eurozone


Unfortunately the file could not be found.

Open in a pop-up window Open in a pop-up window


Download MP3 File (10.9MB)



Topics:  Economic history Macroeconomic policy

Tags:  ECB, eurozone, fiscal consolidation, public debt, gold standard, financial repression, debt monetisation

21 January 2014

Crafts, N (2013b), “Saving the Euro: a Pyrrhic Victory?”, CAGE-Chatham House Policy Briefing Paper No. 11.

Buiter, W and E Rahbari (2013), “Why Do Governments Default and Why Don’t They Default More Often?”, CEPR Discussion Paper 9492.

Nicholas Crafts

Nicholas Crafts

Professor of Economics and Economic History at the University of Warwick and CEPR