Howard Davies, a former chairman of Britains Financial Services Authority, Deputy Governor of the Bank of England, and Director of the London School of Economics, is a professor at Sciences Po in Paris.

April is the cruelest month, wrote T.S. Eliot at the beginning of his great poem, The Waste Land. But, if Eliot had been a professional investor who had observed European financial markets over the last few years, I am quite certain that his choice would have been August. >>
Andrés Velasco, a former Minister of Finance of Chile, and is a visiting professor at Columbia University for 2011-2012.

The day of the Eurobond may be near. What was once a quacks idea for resolving Europes financial crisis is now the only reliable way to save the euro. >>
Kemal Dervis, former Minister of Economic Affairs in Turkey and former head of the United Nations Development Program (UNDP), is Vice President and Director of the Global Economy and Development Program at the Brookings Institution.

Greeces GDP, at about $300 billion, represents approximately 0.5% of world output. Its $470 billion public debt is very large relative to the Greek economys size, but less than 1% of global debt and less than half is held by private banks (mainly Greek). >>
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Post-Crisis World Institute