The most likely scenario is that EMU (Economic and Monetary… - Rudi Dornbusch

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The most likely scenario is that EMU (Economic and Monetary Union of the European Union) will occur but will neither end Europe’s currency troubles nor solve its prosperity problems.

Rudi Dornbusch

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About Rudi Dornbusch

Rüdiger "Rudi" Dornbusch (June 8, 1942 – July 25, 2002) was a German economist, who worked for most of his career in the United States.

Also Known As

Alternative Names: Rudiger W. Dornbusch • Rudiger Dornbusch

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James Meade James Tobin Lawrence Klein John Maynard Keynes Peter Schiff

Additional quotes by Rudi Dornbusch

The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.

If there was ever a bad idea, EMU it is.

Italians dream that the ECB (European Central Bank) will make their life easier than the Bundesbank does now... The new central bank is certain to establish itself at the outset as a direct continuation of the German central bank.

The most likely scenario is that EMU (Economic and Monetary Union of the European Union) will occur but will neither end Europe’s currency troubles n… - Rudi Dornbusch

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