Economics
Ashoka Mody: Europe’s Moment of Truth
The COVID-19 crisis has pushed the euro zone to its breaking point. Read here
Ashoka Mody
Economics
Ashoka Mody: Italy will need a precautionary bailout — a ‘financial firewall’ — as coronavirus pushes it to the brink
Italy’s crisis could soon become unmanageable, potentially causing mayhem in world financial markets Read here
Economics
Spiked: Ashoka Mody – Italy: the crisis that could go viral
Coronavirus threatens to turn Italy’s economic and financial crisis into a global one. Ashoka Mody teaches at Princeton University. The paperback edition of his EuroTragedy: A Drama in Nine Acts, published by OUP, is available […]
EU politics
Ashoka Mody: The EU is in trouble and Ursula Von der Leyen is the wrong person to rescue it
An excellent article providing a good analysis concerning the current crisis in the EU Ashoka Mody is Charles and Marie Visiting Professor in International Economic Policy, Woodrow Wilson School, Princeton University. Previously, he was Deputy […]
Economics
Ashoka Mody: Draghi’s Dangerous Farewell
The risks of further monetary stimulus measures by the European Central Bank outweigh the benefits. Additional stimulus will either amount to less than anticipated or will not be sustained – yet it could still undermine […]
EU politics
Ashoka Mody – Let’s Choose the Best Person to Lead the IMF
The EU is dumping its rubbish politicians on the world, just like it dumps its plastic waste. The EU political class, a caste of entitlement. Ashoka Mody is Charles and Marie Visiting Professor in International […]
EU politics
Ashoka Mody: Greek bonds now yield less than Treasurys, and that’s as irrational as it was in 2007
Today’s cheer in eurozone financial markets obscures a steadily weakening economic foundation Read here
EU politics
Ashoka Mody – “The ECB has reached the end of its rope, leaving the eurozone with few options”
It seems a puzzle why, at its March 7 meeting, the European Central Bank indulged in sedate tinkering despite the mounting risk of a damaging eurozone recession. The puzzle has a simple answer. The ECB […]
Economics
Ashoka Mody – The ECB has reached its political limits. Its consequences in eight charts
The problem with the European Central Bank is that it has a neo-liberal mandate. It cannot and will not serve the interests of EU citizens because that is not its job. See its role in […]
Economics
Ashoka Mody: Germany is a diminished giant, and that spells trouble for Europe
Slower Chinese growth and the woes of Germany’s auto industry are sending the economy into recession. Read here