Dr. Stephen Silvia's Archive
The Euro: How to Know When We’re There
Unfortunately for the euro zone crisis, last week’s EU summit appears to have produced yet another underwhelming plan. According to Dr. Stephen Silvia, Associate Professor at the School of International Service at American University, Europe’s leaders once again failed to address any of the major problems that still ail the euro zone economies. At the core of any plan, argues Dr. Silvia, should be an attempt to make the euro zone an “optimal currency area.”
Keynes in Lederhosen: Assessing the German Response to the Financial Crisis
In an essay titled “Keynes in Lederhosen: Assessing the German Response to the Financial Crisis,” Senior Non-Resident Fellow Dr. Stephen Silvia, professor of International Economic Relations at American University, examines the purported differences in economic stimulus policy between Germany and the United States. Dr. Silvia argues that Germany’s response is in line with it’s status as export champion, and that outside analysts should not be so quick to criticize Germany’s actions.
Health Care and Pension Reform
Germany and the United States are facing similar challenges of aging populations. While the aging trend is stronger and more dramatic in Germany, both societies will have to deal with massive challenges over the coming decades to both pension and healthcare policies…
Unemployment Ebbs in Germany: Explanations and Expectations
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