'Unfair and unstable': EU bankruptcy reform requires more scrutiny
What is the future of bankruptcy rules in the EU?
Since his PhD in Finance at MIT (1990), Enrico Perotti has taught in Boston and London before becoming Professor of International Finance at the University of Amsterdam. His research in banking and corporate finance, organisation theory, political economy, legal and financial history has appeared in top journals. He held visiting appointments at MIT, LSE, Oxford and London Business School, and has been a frequent Visiting Scholar at the IMF research department. His advisory work has focused on policy advice on issues of banking, financial reforms and stability to the EC, ECB, IMF, DNB, Bank of England, the World Bank and the UK Treasury. He was the Bank of England Houblon-Normal Fellow for 2011-12, and Duisenberg Fellow at the ECB in 2015. He has two daughters and rows regularly in a vierpersoonboot on the Amstel river.
What is the future of bankruptcy rules in the EU?
This column argues that the Euro has been a transfer union since its inception - with implict flows from the periphery to the core.
Enrico Perotti argues that zero long-term growth will be the new normal in developed countries.