Otmar Issing
Otmar Issing, former Chief Economist and Member of the Board of the European Central Bank, is President of the Center for Financial Studies at Goethe University, Frankfurt, and the author of The Birth of the Euro.
Otmar Issing, former Chief Economist and Member of the Board of the European Central Bank, is President of the Center for Financial Studies at Goethe University, Frankfurt, and the author of The Birth of the Euro.
In recent decades, central banks have enjoyed high prestige as guarantors of economic stability – a reputation bolstered after their resolute action in the wake of the 2008 global financial crisis pre… read more
With Europe’s current crisis having convinced many that the EU's existing institutional arrangements are unsustainable, many high-level figures have been calling for a move toward political union. But… read more
Bailing out governments and banks is not the direction in which Germany should lead. If Germany should lead at all, it should do so by providing a model of good economic policies for others to emulate… read more
Given Europe’s history of war and ideological division, and today’s challenges of globalization, a peaceful, prosperous, and united Europe that wields influence abroad is surely a desirable goal. But … read more
The increase in interest-rate spreads between euro-zone countries since the onset of the global financial crisis has led to wider support for the idea of a pan-European bond. But such a bond would imp… read more
Despite the euro's youth, it has proven to be a remarkable success. Not only has it eliminated exchange-rate risk from trade and investment within the euro zone; it has also provided an anchor of stab… read more
