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Economists wonât find the solution to Europeâs debt crisis in extreme economic policies, says economist Michael Wohlgemuth. Evolving the European Union into a âUnited States of Europeâ or dissolving it is unworkable. So where do the answers lie? The 27 member countries have different economies with disparate needs and challenges, making a âone size fits allâ strategy unfeasible. This short, intellectual, though imperfectly edited, article examines the conundrum. You wonât discover the final solution in its pages, but getAbstract predicts that you may gain a better understanding of the complex issues.
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About the Author
Prof. Michael Wohlgemuth is an economist and the director of Open Europe Berlin.
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