Future of EMU
On 8 March 2018, Guntram B. Wolff discussed the opportunity and options to upgrade the European Monetary Union in his Testimony at the Swedish Parliam
- Publishing date
- 09 March 2018
- Authors
- Guntram B. Wolff
What is the future of the EMU, what remains to be done, desirable clarifications on programmes and how to get the balance right.
Bruegel's Director Guntram B. Wolff presenting to the Swedish Parliament’s – Committee on Finance his work on the future of EMU.
About the authors
-
Guntram B. Wolff
Guntram Wolff is a Senior fellow at Bruegel. He is also a Professor of Economics at the Université libre de Bruxelles (ULB).
From 2022-2024, he was the Director and CEO of the German Council on Foreign Relations (DGAP) and from 2013-22 the director of Bruegel. Over his career, he has contributed to research on European political economy, climate policy, geoeconomics, macroeconomics and foreign affairs. His work was published in academic journals such as Nature, Science, Research Policy, Energy Policy, Climate Policy, Journal of European Public Policy, Journal of Banking and Finance. His co-authored book “The macroeconomics of decarbonization” is published in Cambridge University Press.
An experienced public adviser, he has been testifying twice a year since 2013 to the informal European finance ministers’ and central bank governors’ ECOFIN Council meeting on a large variety of topics. He also regularly testifies to the European Parliament, the Bundestag and speaks to corporate boards. In 2020, ranked him one of the 28 most influential “power players” in Europe. From 2012-16, he was a member of the French prime minister’s Conseil d’Analyse Economique. In 2018, then IMF managing director Christine Lagarde appointed him to the external advisory group on surveillance to review the Fund’s priorities. In 2021, he was appointed member and co-director to the G20 High level independent panel on pandemic prevention, preparedness and response under the co-chairs Tharman Shanmugaratnam, Lawrence H. Summers and Ngozi Okonjo-Iweala. From 2013-22, he was an advisor to the Mastercard Centre for Inclusive Growth. He is a member of the Bulgarian Council of Economic Analysis, the European Council on Foreign Affairs and advisory board of Elcano. He is also a fellow at the Kiel Institute for the World Economy.
Guntram joined Bruegel from the European Commission, where he worked on the macroeconomics of the euro area and the reform of euro area governance. Prior to joining the Commission, he worked in the research department at the Bundesbank, which he joined after completing his PhD in economics at the University of Bonn. He also worked as an external adviser to the International Monetary Fund. He is fluent in German, English, and French. His work is regularly published and cited in leading media.
- Keyword
- european monetary union
- Country
- Sweden
- Language
- English
Related content
The US defence industrial base can no longer reliably supply Europe
Europe has long relied on US weapons but the US military industrial base faces constraints and its production may be redirected elsewhere
A European defence industrial strategy in a hostile world
Any strategy will need to take account of evolving Russian capacities, evolving political willingness and evolving defence industrial capacities
Europe stands increasingly alone on defence production and needs to act
Europe must rebuild its defence industry; reliance on the US is no longer tenable, whatever the outcome of the US presidential election
Overcome divisions and confront threats: Memo to the Presidents of the European Commission, Council and Parliament
Memo to the Presidents of the European Commission, Council and Parliament