Tuesday, May 15th , 2018
University of Zurich, Rämistrasse 71, Aula, KOL-G-201
Professor Hans-Werner Sinn
Professor of Economics and Finance at the University of Munich
Trump, Brexit, Eurozone Crisis. What will become of Germany?
Right now worldwide economic growth, a weak euro and Germany’s undervaluation in the monetary union are spurring on the country’s exports. Low rates of interest, expectations of rising inflation, and a flight into real assets are stimulating the domestic economy. This ought to be the case in most other EU countries thanks to a continued expansive fiscal policy, yet the South continues to find itself mired in great difficulties, and even in France the crisis is still ongoing. The way the EU reacts to Brexit will make exports more difficult for Germany and Switzerland but – for reasons the speaker will explain – Trump’s tax reform may well inspire Europe’s exports.
The lecture is open to the public. No advance booking required. No seat reservation possible.*
Hans-Werner Sinn, born in 1948, is President Emeritus at the ifo Institute and a professor at the Ludwig Maximilian University of Munich. He founded and led the international CESifo researcher network and the research institute CES. In recent years he has dealt primarily with the euro, Greece, the European Central Bank, green energy, demography and migration. He previously addressed the issues of German reunification, the tax system, bank regulation and the insurance industry.