In the Ifo Viewpoint releases we present the Ifo perspective on topical issues in economic policy.
Ifo Viewpoint No. 170: Do Not Perpetuate the Dutch Disease in Europe: Lessons from German Reunification for a European Fiscal Union
Munich, 9 November 2015 Europe is debating further moves towards a transfer union, following the implicit and explicit transfers in the form of fiscal rescue programmes and monetary bail-out operations by the European Central Bank (ECB). French President François Hollande and his young Minister of Economy Emmanuel Macron are now Details
Munich, 9 July 2015 It is a shame that Greece was unable to manage its finances and is now slipping into chaos. But this outcome was inevitable and could not be permanently averted with loans from the international community. The Greek government was effectively bankrupt back in 2012, in what Details
Munich, 19 June 2015 Recent events are even worse than could have been expected after the opinion by the European Advocate General Pedro Cruz Villalón published in January. The European Court of Justice, presided over by Vassilios Skouris, has swept aside the German Constitutional Court’s concerns regarding the OMT (Outright Details