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Today's Big Idea: Europe In Crisis

The Big Idea for Monday, June 04, 2012

While Greece puts its future in the euro zone to a vote, Spain is gaining attention for its own banking crisis. For the troubled region, the big question at hand is: can they muster up the will and resources to stay together?

John Wilson, economist at the World Bank, might have a solution. He proposes policy changes that encourage and fosters trade in Europe --- a solution that could result in a more unified euro zone. 

"Let’s not forget trade as a dynamic engine of cohesion and strength in Europe and elsewhere," said Wilson. 

Wilson's insight forces us to take a look back on the origins of the euro zone. How did it all begin? This once prosperous region integrated its economies as a way to maintain peace, according to Daniel Altman. Hard to believe these were the intentions considering its leaders, these days, remain at odds on a solution for the European crisis. 

Perspectives

  1. 1 European Union: The Trade Perspective
    John S. Wilson Experts' Corner
  2. 2 Survival pushes ideology aside in this euro-zone crisis
    Mark Seddon As I Please
  3. 3 (Econ201) The Euro Zone
    Daniel Altman
  4. 4 Mark Leonard: Europe Will Run the 21st Century
    Mark Leonard
 

Today's Big Idea: Europe In...

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