Wendy Carlin: The Future of Europe 2/6

The video discusses the future of Europe, focusing on the eurozone's challenges and the divergence between Northern and Southern economies. It explores institutional comparative advantage, governance, and economic performance, highlighting the need for effective policy and potential future scenarios for Europe.

What are the main themes discussed regarding the future of Europe?

How does the speaker differentiate between the North and South of Europe?

What role do institutional comparative advantages play in the economies of Europe?

What are the implications of a common currency for countries with weak institutions?

In what ways did the North and South of Europe respond differently to economic challenges?

What evidence is presented regarding the divergence in governance standards between the North and South?

What is the significance of wage setting structures in the context of the eurozone?

How did the economic performance of Germany and Italy compare during the eurozone period?

What are the proposed scenarios for the future of the eurozone?

What lessons can be learned from the economic behaviors of the North and South in the eurozone?