MIGUEL OTERO-IGLESIAS Many economists, pundits and policymakers in Europe think that China is in an ideal position to rescue the Eurozone from its debt problems. The main argument goes more or less like this: China has $3.2 trillion foreign reserves, of which two thirds are in US dollars and only one quarter is in euros. […]
Tag Archives: euro crisis
The creation of the euro is an epoch-making event. For the first time in history independent nation-states have decided to merge their monetary sovereignties in a single currency. From the start, however, the project has been based on a marriage between France and Germany.
Ben Rosamond (Copenhaguen University) and Miguel Otero-Iglesias (Oxford Brookes University) discuss the current and future importance of non-mainstream IPE approaches in understanding the European Union and its role in the new world order after the Global Financial Crisis.