Robert M. La Follette School of Public Affairs
Monday, April 23, 2012

Seminar to explore eurozone crisis

A panel of distinguished experts on the economics, politics and history of European integration will discuss "Europe at the Crossroads: The Euro Crisis and the Future of European Integration" seminar at 4 p.m. on Wednesday, April 25, at the Pyle Center.

La Follette School economist Menzie Chinn joins panelists George Ross, professor associate with the Chaire Jean Monnet and Political Science, University of Montreal, Canada; and Arthur Goldhammer, senior affiliate of the Center for European Studies, Harvard University. La Follette School political scientist Mark Copelovitch will serve as moderator along with Nils Ringe of the Department of Political Science.

Chinn published an article about the eurozone crisis in the spring La Follette Policy Report.

Many heralded the launch of the euro in 1999 as the capstone of five decades of European integration. Amidst the optimism of the euro's first days, most observers forecast that Europe would progress toward "ever closer union." Indeed, in the ensuing decade, the European Union became the world's largest trading area, the euro area expanded to include 17 member states, and the Lisbon Treaty moved European integration forward in critical ways. Since 2010, however, acrimony and pessimism have replaced the early euphoria. Many observers now worry that the single currency — if not the entire project of European integration itself — is in peril of collapse.

The seminar will explore the extent to which such pessimism warranted, where matters stand with respect to the eurozone crisis and the currency's future, and how the crisis will alter the trajectory of European integration.

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