Future of Europe

New perspectives on Europe’s unfolding financial, economic and political crises


Austerity Caused Brexit

Aug 2, 2018

Places hit hardest by austerity cuts were more likely to vote for UKIP and Leave


Euroland: Will the Netherlands be the next domino to fall?

Feb 13, 2017

Austerity has nurtured resentments that will likely make the populist right PVV the biggest winner in the March 15 election — but without the majority or the allies needed to govern


Brexit: The Tectonic Plates

Jul 1, 2016

The Brexit referendum is nothing less than an earthquake. But when an earthquake happens, seismologists try to understand how and why the tectonic plates had been shifting, and the pressures that had been building to bring about the event. The causes underlying every earthquake are specific in how they come together, even if they are seen in different places.


A Bridge From Brexit

Jun 30, 2016

Several days ago, we woke up to a new world. Britain had voted to leave the European Union. Some were pleased, many were deeply concerned. What is likely is that many will be affected. Some wonder if the EU will survive. It will take months if not years to fully understand the ramifications.


Greece Has Made Tough Choices. Now It's the IMF's Turn.

Jun 18, 2015

The International Monetary Fund’s chief economist, Olivier Blanchard, recently asked a simple and important question: “How much of an adjustment has to be made by Greece, how much has to be made by its official creditors?” But that raises two more questions: How much of an adjustment has Greece already made? And have its creditors given anything at all?