Commentary
Uri Dadush
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Source: Getty
In The Media
European Union Debt Crisis
The euro crisis continues to hamper Europe's growth, and the risk of contagion hangs in the air.
By Uri Dadush
Published on Mar 11, 2013
Source: C-SPAN
Former Czech Republic President Vaclav Klaus and Carnegie's Uri Dadush talked with C-SPAN about the economic and political challenges facing the European monetary union. While President Klaus referred to European integration as a historical "accident," Dadush suggested that, although the enactment of the monetary union may have been premature, greater institution building and structural reforms will help alleviate the crisis. Furthermore, Dadush argued that even though there are shortcomings to the establishment and the euro crisis is far from over, the only rational way to overcome the crisis is to move forward and undertake more steps in the integration process, as disassembling the eurozone was not rational given the costs.
About the Author
Uri Dadush
Former Senior Associate, International Economics Program
Dadush was a senior associate at the Carnegie Endowment for International Peace. He focuses on trends in the global economy and is currently tracking developments in the eurozone crisis.
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Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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