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Articles in English

2.11.2016
JBH interview Scotland

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14.9.2016
WHAT´S WRONG WITH EUROPE – AND WHY DON´T YOU FIX IT?

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9.9.2016
WHAT CAN WE LEARN FROM THE NORDIC MODEL?

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31.3.2016
HOW TO SAVE CAPITALISM FROM THE CAPITALISTS - AND DEMOCRACY FROM THE PLUTOCRATS?

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15.2.2016
The Transition from totalitarianism to democracy: WHAT CAN WE LEARN FROM THE BALTIC ROAD TO FREEDOM AND POST-INDEPENDENCE EXPERIENCE?

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All articles in English

12.4.2013

Recovering from the Crisis: INSIDE OR OUTSIDE THE EMU?

April 9th The Institute for International Relations and Political Science, Vilnius University, held a seminar on the international financial crisis, comparing the fates of countries inside and outside the euro-zone. Main speakers were Jón Baldvin Hannibalsson, former Minister of Finance and Foreign Affairs of Iceland, Dr. Ingrida Simonité, former Minister of Finance of Lithuania and Dr. Baldur Thórhallsson, Head of the Center for Small States´ Studies at the University of Iceland. Dr. Ramunas Vilpisauskas, Head of the institute introduced the speakers, but Mr. Bo Tillberg from the Nordic Council of Ministers´ Office was moderator.
Following are the speaking-notes of Mr. Hannibalsson:

1. The Neo-Liberal Experiment.

2. Crisis of Democracy

Is this why people have lost trust in the democratic process and their democratic institutions? According to the polls in the worst afflicted countries, trust in politicians, political parties, and parliaments has plummeted as never before.

3. The Main Thing: Domestic Economic Management.

If we look across Europe, trying to take stock on how individual countries have weathered the storm of the crisis - inside or outside the EMU - the conclusions are far from straight forward. A few examples:

4. What is Wrong with the Euro-zone (EMU)




Mr. Baldur Þórhallsson, Professor of Political Science, University of Iceland, Mr. Jón Baldvin Hannibalsson, Ms. Ingrida Simonyte, former Minister of Finance of Lithuania and Mr. Bo Tillberg from the Nordic Information Office of the Nordic Council of Minister, who was the moderator at the conference


(The author is a former Minister of Finance, Foreign Affairs and External Trade of Iceland)

Jón Baldvin Hannibalsson

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