Jean Pisani-Ferry: Of Nightmares and Tigers

The video discusses the sovereign debt crises in Greece and Ireland, highlighting the causes and potential solutions. Greece's crisis stemmed from fiscal mismanagement, while Ireland's was due to a banking crisis. The video also explores the impact of the Eurozone on these countries and the policy implications for managing such crises.

What were the main causes of Ireland's debt problems?

How did the financial crisis affect Ireland's fiscal situation?

What are the implications of high interest rates for countries in economic distress?

What role did the euro play in the economic crises faced by countries like Greece and Ireland?