Commentary
Uri Dadush
{
"authors": [
"Uri Dadush"
],
"type": "legacyinthemedia",
"centerAffiliationAll": "",
"centers": [
"Carnegie Endowment for International Peace"
],
"collections": [],
"englishNewsletterAll": "",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie Endowment for International Peace",
"programAffiliation": "",
"programs": [],
"projects": [],
"regions": [
"Western Europe",
"United Kingdom",
"France",
"Germany",
"North America"
],
"topics": [
"Economy"
]
}
Source: Getty
In The Media
Greek Euro Disease
Greece is now facing a sovereign debt crisis that is calling into question the viability of the Euro itself. While there are no easy solutions to this crisis, both Germany and the IMF must provide Greece with the support it needs.
By Uri Dadush
Published on Feb 22, 2010
Source: CrossTalk
Greece is now facing a sovereign debt crisis that is calling into question the viability of the euro. Uri Dadush argues that, while there are no easy solutions to this crisis, Greece must receive support from both Germany and the IMF. Although some have argued that such support would create an issue of moral hazard in the Euro area, wherein countries would be more willing to take risks because they know they would have support from other EU members and the IMF if they fail, Dadush notes that the problem is often overstated. No country “will look forward, in any conceivable way, to having a massive financial crisis,” he pointed out, regardless of the support that may follow.
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.
- The Labors of Tsipras
- Greece, Complacency, and the EuroIn The Media
Uri Dadush
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.
More Work from Carnegie Endowment for International Peace
- How Europe’s 2027 Elections Could Test EU GovernanceArticle
Radical-right parties are expected to do well in upcoming elections in four of the EU's biggest member states. If successful, they could prevent the union from addressing key challenges ahead.
Stefan Lehne
- The Fallout of the U.S.–Canada Trade War Won’t Be Limited to North AmericaCommentary
U.S. trading partners in Asia are closely watching the dispute for signs of how it may affect their own interests.
Barbara Weisel
- Germany’s Shattered ConsensusCommentary
An overwhelming victory by a far-right-wing party in a small state in eastern Germany will have major repercussions for Chancellor Friedrich Merz’s coalition.
Judy Dempsey
- The Two Key Takeaways From Xi’s Egypt VisitCommentary
Amid celebrations of bilateral ties was a deeper focus on stability in the Middle East.
Amr Hamzawy
- Is the Shanghai Cooperation Organisation Performance Art or Meaningful Collaboration?Commentary
Xi, Putin, and other regional leaders are back-slapping in Bishkek, but the SCO has yet to answer the most serious questions about continental Asia's economic future.
Evan A. Feigenbaum
