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2 results for TAG: "Devaluation"

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  1. European view

    Italy unfit for the Eurozone?

    by Paul De Grauwe

    IT
    24 Exclusive content for IT24

    Italy’s economic performance since it joined the Eurozone has been dismal. GDP per capita of Italy is now lower than at the start of the Eurozone in 1999. This means that the Italian ...

  2. European view

    Return to the Lira? A long-run view

    by John H Cochrane

    IT
    24 Exclusive content for IT24

    Should Italy have her own currency, and run her own monetary policy? For today, let’s focus on the long-run question, leaving out for now the transition and any immediate ...