Andreas Dombret: Crisis management in the euro area and challenges ahead

In this strategic address at the Danish Economic Association, Dr. Andreas Dombret reflects on the European sovereign debt crisis through a Kierkegaardian lens: "Life can only be understood backwards but it must be lived forwards." He characterizes the crisis not as a sudden event, but as the inevitable result of structural imbalances, specifically the "deficit bias" created by a single monetary…

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