Charles Wyplosz will give a public talk at noon this Wednesday in the Long Room Hub. This is part of a TCD LRH/IIIS series running during Ireland’s EU Presidency. Details here.
Wyplosz will also give a research seminar 9am-10.30am on Wednesday in IIIS seminar room on “Eurozone Crisis: It’s About Public Debts, not Competitiveness“
With thanks to Eurointelligence, here are a couple of useful antidotes to the complacency that will kill the euro unless it is abandoned: here and here.
(If Ashok is right then, contra Manasse, the Eurozone crisis will become a bit more symmetric, but he is right to query whether this will be good news for the project.)
And here is an account of a Slovenian constitutional court decision. If the account of the legal reasoning is accurate then this is quite appalling.
The most recent issue of the Economic and Social Review has a symposium on the politics of financialisation, including papers on the US, a comparative analysis of financialisation and inequality in the OECD and my own paper on”The Crisis of Financialisation in Ireland”
The table of contents, with links to papers, is here: http://www.esr.ie/vol%2043_4/ESRTOC43_4.htm
The abstract of the Ireland paper is below:
The opening address by Governor Honohan at today’s meeting of the Joint Oireachtas Committee on Finance, Public Expenditure and Reform is here. The transcript of the meeting will be available in due course. [UPDATE: The transcript is here.]
There are several topics briefly covered in the opening address. On the Promissory Notes he says:
… there has been a very intensive process of discussion and negotiation on this matter, which is one of the two main thrusts of the Government’s policy to have a euro area review of the indebtedness arising out of the banking crisis. There is considerable goodwill from all interlocutors in this process. Nevertheless, it has not been easy to find a generally acceptable solution. Taking into account both the statutory position and wider policy stance of the ECB, an initiative of this type will be novel and as such challenging. Using our knowledge of central banking law and practice, we have been working carefully to build understanding and confidence around a set of proposed transactions designed to deliver for Ireland, while not taking other decision makers too far out of their comfort zone. The ECB is an organisation that seeks to proceed as far as possible by consensus, and it is not surprising that this work has been taking quite a while. In fact, what we have designed is, I believe, largely in the interests of the eurosystem as a whole.
In the subsequent words of Governor Honohan it seems that any deal is not “done and dusted”.
The annual Irish Quantitative History group meeting will take place in TCD, in the IIIS seminar room, 6th Floor, Arts Building, on Friday 25th January 2013, 2pm-6 pm.
As numbers are limited, please email iqhistory@gmail.com if you intend to go along, and/or if you wish to be added to the IQH group mailing list. The workshop page (hosted by the Centre for Economic History at QUB) is here. The convenor of IQH is Eoin McLaughlin (University of Edinburgh).