EZ crisis: the answer is commitment
Season 1 Episode 6 · Sep 16, 2011, 05:26 PM
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Thomas Cooley interviewed by Viv Davies, 16 September 2011
Thomas Cooley of New York University talks to Viv Davies about the debt crisis and why the Eurozone needs a credible institutional commitment and a strong fiscal authority. They discuss the role of the ECB, the banking system, ‘forced borrowing’ and the prospect of a two-track Eurozone. Cooley maintains that investment in education will be key to stimulating growth and competitiveness in the failing Eurozone economies. The interview was recorded on 15 September 2011.
Thomas Cooley of New York University talks to Viv Davies about the debt crisis and why the Eurozone needs a credible institutional commitment and a strong fiscal authority. They discuss the role of the ECB, the banking system, ‘forced borrowing’ and the prospect of a two-track Eurozone. Cooley maintains that investment in education will be key to stimulating growth and competitiveness in the failing Eurozone economies. The interview was recorded on 15 September 2011.