Looking at historical cross-country interactions, this book examines the role of the US in the world economy. Illustrating that US shocks tend to have a global nature and that Monetary Union only partially shelters the Euro area from its external environment, the US should fully assume its responsibility, minimizing shock transmission.

Andrea Cauduro, Andrea Di Nicola, Marco Lombardi, and Paolo Ruspini Client: Have you ever had a ] by an Albanian? Researcher: No Client: You should have one, they re great I ll tell you something: between an exploited girl and a free one, I choose the exploited one. Because a girl who s being exploited has to give money to her pimp, otherwise she ll be beaten. The others, when they ve earned enough they stop working. The exploited ones no: even they don t want to work, they have to stay there and if they don t pay the pimp they re beaten ] If you think about it, you notice it is more a...