Max Watson, former senior official at the IMF and the European Commission, will discuss what lessons emerge from three decades of experience in handling economic crises, and how change can be catalysed in the face of deeply entrenched obstacles to reform.
Some of these lessons, he suggests, were neglected or forgotten when the euro area crisis broke out. Max Watson is a Fellow of Wolfson College and a Board Member of the Foundation for Law, Justice and Society; he is also Director of the Political Economy of Financial Markets programme at the European Studies Centre at St Antony's College. Professor David Vines, Professor of Economics and Fellow of Balliol College, Oxford, will act as discussant for this lecture.
