European and Global Recovery: What Will It Take?

Europe’s conundrum is particularly taxing. Last month, the President of the European Central Bank (ECB) issued the unprecedented warning that the Eurozone was at an advanced process of disintegration. His programme of unspecified bond purchases, while bold and a significant step for the ECB, is unlikely to resolve the crisis. So which way forward? Professor Marcus Miller and Professor Yanis Varoufakis, will address this issue by focusing on a crucial ingredient of the international economic system that has been missing since the 2008 Crash, i.e. a global surplus recycling mechanism to explain why the global economy is failing to regain its poise.