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Robin Niblett
Transatlantic Trade-Offs
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Jaswant Singh
The Road to Asian Unity
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Hans-Werner Sinn
The Collateral Damage of Europe’s Rescue
René Costa
René Costa is a retiree from the World Bank where he spent 27 years in different positions, from project manager in the infrastructure sector to line manager in the Latin America and Caribbean, North Africa and Middle East and Sub-Sahara African countries. He has also a diversified experience in the private sector, prior and after his career in the Bank.
Europe’s Crisis of Values
Yes, eurobonds are certainly one of the measures to get back the euro on track. Indeed, it is ridiculous to have euro-governments issuing bonds in a single currency when their economy, their fiscal policy and their labor market are not integrated. The impossibility to devaluate has not been compensated with the large variations of interests on bonds. Therefore, the emission of eurobonds would be welcome only when all existing sovereign debts are paid back at their market value.
Ren´¢e Costa