Current Account Imbalances: YSI Webinar with Heiner Flassbeck

Some news: last week, Nicolas, Thomas and I (Wolfgang) participated in a INET YSI Finance, Law & Economics working group webinar on current account imbalances (within the Eurozone) with Heiner Flassbeck. We had a chance to ask Flassbeck some questions from our perspective – on the type of institution needed to coordinate national macroeconomic policies within the eurozone, for example.

You can watch or listen to the event here.

From our point of view, Thomas Wieser’s view of of existing european institutions’ current capacity to effectively coordinate the Eurozone member state’s macroeconomic policies is much more realistic than Flassbeck’s view.