I was grateful to the BBC today for the opportunity to discuss my colleage Dr Anthony J Evans’ work for ESCP Europe on the potential for multi-lateral debt write offs between EU nations.
You can find the interview here at about 1 hour 10 minutes and Anthony’s work is here.
As I said in the interview, there are all kinds of catches and complexities but, as Anthony has said, multilateral debt write-offs between EU member states are a policy option.
More of Anthony’s economic work is available here, including the superb measure of the money supply he developed with Toby Baxendale.
Tags: debt, EU, Financial Crisis