Current Size: 68%
The British government's drive to rebalance the UK economy has foundered on falling exports to the EU; UK exports to the rest of the world are booming.
The ECB may have done enough to stop euro break-up for now, but markets are likely to test its willingness to buy government debt.
The damage done to Europe's growth potential by very low investment and mass unemployment is likely to offset the benefits of structural reforms.
Prediction is not destiny. Without vigorous reforms and stronger institutions, many Asian economies will struggle to transform themselves from middle income to wealthy countries.
Small budget deficits are no guarantee of sustainable public finances: Europe needs higher inflation and growth if it is to stem the rise in public debt.
The CER invited leading economists and policy-makers to debate the implications of fiscal austerity for economic, political and monetary stability.
Si la situación económica no muestra síntomas de recuperación, las finanzas públicas seguirán debilitándose.
Euro members must integrate more to save the single currency. But will a two-tier EU destroy the single market and lose the support of the people?