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The Problem with Europe’s Austerity Debate

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The Problem with Europe’s Austerity Debate
June 5, 2013 4:00 pm
June 5, 2013 6:00 pm
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Cato Institute
May 31, 2013
Hayek Auditorium
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Cato Institute 1000 Massachusetts Ave, NW, Washington, DC, United States
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 The Problem with Europe’s Austerity Debate

Featuring Simeon Djankov, Former Deputy Prime Minister and Finance Minister, Bulgaria, Creator and former lead author of Doing Business (World Bank); and Anders Aslund, Senior Fellow, Peterson Institute for International Economics; moderated by Ian Vasquez, Director, Center for Global Liberty and Prosperity, Cato Institute.


Top officials in the U.S. government, the International Monetary Fund, and the European Union blame Europe’s ills on fiscal austerity and advise Europeans to pursue stimulus spending or delay spending cuts. Simeon Djankov and Anders Aslund will show how the evidence counters that prevailing view. Countries that have reined in their spending are growing briskly while the profligate founder. Aslund will discuss why the level of debt and access to international markets still matter to responsible fiscal policy; Djankov will explain why Europe badly needs a growth plan that includes reducing the burden of regulation. Both speakers will explain why Europeans should focus on policy reform rather than devaluation or exit from the Euro.


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To register to attend this event, click the button below and then submit the form on the page that opens, or email, fax (202) 371-0841, or call (202) 789-5229 by 4:00PM on Tuesday, June 4, 2013.

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