Bulletin n. 1/2012
June 2012
CONTENTS
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
    • Picaper Jean-Paul
    Sauver l'europe de la faillite
    in Politique internationale , n. 133 - Automne, 2011 ,  2011
    In this exclusive interview, Hans-Werner Sinn, one of Germany's most renowned economists, offers his analysis of the financial crisis that is currently engulfing Europe. His proposal is undeniably provocative: for Sinn, the only solution that would really save Greece would be a "controlled default"-a scenario which would imply the country's suspension as a member of the European monetary union. Sinn believes that the damage Greece has inflicted on the European Union is not yet irreversible, but it will become so if Berlin and Paris continue to pour euros into the Athenian breach. Otherwise, Germany and France will be almost systematically forced to help all its partners in financial difficulty-until in turn both countries are eventually faced with bankruptcy themselves. Which is why Greece must temporarily exit the euro zone and return to the drachma until it has put its financial house in order. A truly explosive proposal!
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