Economic Institutions

Erik Berglöf: Europe Viewed from the East

What Eastern Europe’s Experience After the Crash Can Teach the World About Increasing Economic and Political Integration

Much attention has been given to Western Europe and its southern countries in the wake of the great financial crisis, but the developing region of Eastern and Central Europe has largely been overlooked despite its serious trauma.

In this next INET interview, Erik Berglöf, chief economist at the European Bank for Reconstruction and Development, catches us up on what has happened in this important region in the last few years. Berglöf, the newest of INET’s governing board members, is also the primary author of the EBRD’s new report “Transition Report 2010: Recovery and Reform.” This free report is filled with facts and analysis of an area that spans from Croatia through Russia and includes even parts of Central Asia.

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The Challenge of Europe - Wendy Carlin

After reviewing the panelists' contributions, Wendy Carlin points out that the expectations of Europe's core and Europe's periphery haven't been met. The core, notably Germany, entered the European Monetary Union with a view to the benefits of a single market. The periphery considered the EMU as a means to achieve price stability. Yet, the institutional wage bargaining that characterizes the German labor market wasn't available in the periphery, and that's one reason why inflation was low in Germany and high in the periphery, says Wendy Carlin. Real interest rates exercised a destabilizing role. Read more

Global Markets and Nation States - Barry Lynn

Barry Lynn, Director of the Markets, Enterprise, and Resiliency Initiative at the New America Foundation, speaking in the panel "Sovereignty and Institutional Design in the Global Age: Global Markets and Nation States" at the Bretton Woods Conference on April 9, 2011.

Global Markets and Nation States - Jomo Kwame Sundaram

Jomo Kwame Sundaram, Assistant Secretary-General for Economic Development at the United Nations Department of Economic and Social Affairs (DESA), speaking in the panel  Read more

Global Markets and Nation States - Marleen Janssen Groesbeek

Marleen Janssen Groesbeek, Policy Officer Sustainability and Corporate Social Responsibility at Eumedion, speaking in the panel "Sovereignty and Institutional Design in the Global Age: Global Markets and Nation States" at the Bretton Woods Conference on April 9, 2011.

Global Markets and Nation States - Andy Haldane

Andy Haldane, Executive Director for Financial Stability at the Bank of England, speaking in the panel "Sovereignty and Institutional Design in the Global Age: Global Markets and Nation States" at the Bretton Woods Conference on April 9, 2011. Introduced by John Cassidy.

Bretton Woods Historical Review by James Boughton

James Boughton reviews the history of Bretton Woods at INET's annual conference on April 8, 2011.