The Italian Job: Can Mario Draghi Master It?

February 19, 2021

A political crisis was the last thing Italy needed during the COVID-19 pandemic. Yet a personal conflict between the leader of Italia Viva, Matteo Renzi, and the previous prime minister, Giuseppe Conte, led to the collapse of the coalition in mid-January. President Sergio Mattarella then...

The World This Week: Super Mario’s QE and Lula Meets Police

March 13, 2016

Institutional reform is the need of the hour as central banks reach the limits of monetary policy and interest groups hijack fiscal policy. This week, the rather colorless European Central Bank (ECB) took center stage. On March 10, ECB President Mario Draghi announced a surprise stimulus. The...

Cyprus: Another Chapter in the Disintegration of the Euro Zone?

May 02, 2013

With the great amount of debate, chatter, and serious analysis about the EU’s financial rescue of Cyprus from insolvency and potential departure from the euro zone, many wonder if the EU policy emerging from the Cypriot “bail out” will have a lasting impact on the political and...