AUTHOR'S BIO
Leif Pagrotsky
Leif Pagrotsky is a Swedish MP, vice president of Riksbank, and a former Minister of Industry and Trade and Minister of Education, Research, and Culture.
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The Euro’s Hard Rain Falls
Leif Pagrotsky Series: Europe at Home and Abroad 2011-10-07Politicians and bankers made grave errors that contributed to the current euro crisis. But, regardless of how bad Europe's political and financial leaders may seem, a sudden rise in the number of incompetent or immoral individuals throughout the eurozone's periphery is not a credible explanation of this crisis.... read Comments: 6 Recommended: 0 Read: 11904
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Micro-Europe
Leif Pagrotsky Series: European Economies 2009-05-12
With the US crippled by Wall Street’s collapse, this should be Europe’s moment. Yet the EU’s share of the global economy is shrinking, its role in the world is weakening, and its only hope of reversing these trends is to devote its energy to addressing micro challenges rather than to promoting grand ideas. ... read Comments: 0 Recommended: 0 Read: 12415
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Are Bad Banks a Good Idea?
Leif Pagrotsky Series: Frontiers of Growth 2009-02-19The idea of a “bad bank” appears to grow more popular by the day in countries where toxic assets have paralyzed lending, and the Swedish bank cleanup in the early 1990’s is often cited as an example of how successful this idea can be. But the lessons derived from Sweden’s experience are sometimes based on misunderstandings of what the Swedes actually did.... read Comments: 0 Recommended: 0 Read: 15132
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How to Sell Anti-Protectionism
Leif Pagrotsky Series: Frontiers of Growth 2008-11-28In the face of the worst economic outlook in 70 years, protectionism has crept into many G-20 members’ domestic political debate. While the recent G-20 summit in Washington, D.C., rejected such policies, the protectionist temptation will remain strong unless leaders can win the support of fearful voters.... read Comments: 1 Recommended: 0 Read: 13642
