April 11, 2019


Austerity: When It Works and When It Doesn´t
Book Presentation by Francesco Giavazzi


April 11, 2019
12.30 to 2.00 p.m.


Elinor Ostrom Hall
DIW Berlin
Mohrenstr. 58
10117 Berlin


Francesco Giavazzi

A timely and incisive look at austerity measures that succeed—and those that don’t. Fiscal austerity is hugely controversial. Opponents argue that it can trigger downward growth spirals and become self-defeating. Supporters argue that budget deficits have to be tackled aggressively at all times and at all costs. In this masterful book, three of today’s leading experts – Alberto Alesina, Carlo Favero and Francesco Giavazzi – cut through the political noise to demonstrate that there is not one type of austerity but many.

Marcel Fratzscher | DIW Berlin

Francesco Giavazzi is Professor of Economics at Bocconi University.
Marcel Fratzscher is Professor of Macroeconomics and Finance at Humboldt-University Berlin, and President of DIW Berlin.

We hope that you will be able to join us, and look forward to your participation. To participate, we kindly ask you to register by emailing events@diw.de


Ralf Messer

Member of Department in the Communications Department