The Global Crisis

VOX has launched a new initiative that is intended to act as a central forum for an open-format discussion of the global crisis.  This promises to be quite interesting  (I am acting as moderator for the macroeconomics theme; Luigi Zingales on regulation;  Francesco Giavazzi on institutional reform; Dani Rodrik on development; and Richard Baldwin on open markets).  You can read more about it here.

One reply on “The Global Crisis”

FYI – Informative article on VOX by Carmen Reinhart ( which gives an overiew of the economic and fiscal implications of financial cirses using data from historic financial crises in a range of countries. Would anybody like to put a guess on where Ireland might stand in relation to some of these data? The 80% drop in property prices suggested by some would be at the far end of the spectrum but…

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