Financial Times Associate Editor talks about the post-crisis political economy, and why this poses a much greater threat to the Eurozone's economic performance and possibly even its survival than the financial market crises of 2010-2012. EU institutions are well equipped to deal with emergencies, and European law is sufficiently flexible in such situations. But the EU is not nearly as effective in dealing with structural crises, such as an onset of deflation, or a structural slump, the kind of which we are beginning to see now.
This video has now been uploaded to the CES YouTube channel: https://www.youtube.com/watch?v=D3R0pj3_2mM.
This event is made possible by the John F. Kennedy Memorial Fellowship.
