Public debt in the Eurozone, Japan, and the US by Charles Wyplosz, published by VOXEU. “Europe’s debt crisis is unfolding while Japanese and US debt problems are on hold. The problem of public debt in advanced economies will be…
The European debt crisis: Worrisome delusions by Charles Wyplosz (VOXEu).”This column argues that instead of ruling out highly plausible outcomes, the European Central Bank should explain how it will react if defaults happen.”