Listen to the Interviews

	EEA/ESEM meetings in Budapest in August 2007 European Economic Association and the Econometric Society (EEA/ESEM)meeting
	Romesh Vaitilingam interviews the authors of some recent CEPR Discussion Papers at the EEA/ESEM meetings in Budapest in August 2007.

	In or Out: Does It Matter? An Evidence-Based Analysis of the Euro's Trade Effects
	Should the euro area worry about admitting new members who are economically very different from incumbents? What are the costs and benefits of euro adoption for potential joiners? In an interview with Romesh Vaitilingham, Richard Baldwin discusses the empirical evidence on the size and nature of the euro's pro-trade effects. He goes on to explore the important policy implications of these findings: – the lessons for potential joiners; and lessons for the euro area’s current members and for its economic management.
	CEPR Discussion Papers 2955 and 2956 The Euro and the International Financial System and The European Contribution to International Financial Stability
	The euro and the euro area will be a major absentee from the IMF-World Bank meetings in Washington. The biggest structural change in international finance since Bretton Woods has so far had little impact on the international financial architecture. It is time for the euro to grow up and play its proper role in the international financial system.
	Trade Liberalization and Poverty: A Handbook
	This interview is with L Alan Winters, one of the authors of Trade Liberalization and Poverty: A Handbook. This Handbook, published with the Department for International Development (DFID), examines how openness to trade is a key element of economic policy and how our concerns about the world’s poor should affect our attitude towards and implementation of trade liberalization.
	The Geneva Report on the World Economy 3 How Do Central Banks Talk
	This interview is with Charles Wyplosz, one of the authors of How Do Central Banks Talk?, the third in the series of Geneva Series on the world economy. James Morgan talks to him about the report, which evaluates recent changes in how central banks talk to the markets, to the press, and to the public, and assesses the communications strategies of the major central banks.
	Monitoring European Integration 11 (MEI) Nice Try: Should the Treaty of Nice be Ratified?
	The Nice summit of December 2000 sought to improve the European Union’s decision-making rules ahead of Eastern enlargement. A new CEPR Report argues that it largely failed in this objective, but that the Treaty should be ratified nonetheless – it can be repaired at the next Intergovernmental Conference in 2004.
	Monitoring the European Central Bank 3 Defining a Macroeconomic Framework for the Euro Area
	This interview is with Jordi Galí, one of  the authors of Defining a Macroeconomic Framework for the Euro Area, the third in the Monitoring the European Central Bank series. James Morgan the former BBC World Service economics correspondent, talks to him about the report.
	CEPR Discussion Paper 2630 Agglomeration, Integration and Tax Harmonisation
	This interview is with Richard Baldwin, the author of Agglomeration, Integration and Tax Harmonisation. James Morgan the former BBC World Service economics correspondent, talks to him about the paper and how it considers tax competition and tax harmonization in the presence of agglomeration forces and falling trade costs
	CEPR Policy Paper 5 EMU and Portfolio Adjustment
	James Morgan, interviews Laura Bottazzi and Jean-Pierre Danthine, two of the authors of "EMU and Portfolio Adjustment", CEPR Policy Paper 5. The paper discusses the principal factors influencing the portfolio reallocation process following the introduction of the euro.
	The Geneva Report on the World Economy 2 Asset Prices and Central Bank Policy
	This interview is with the authors of Asset Prices and Central Banks. James Morgan, the former BBC World Service economics correspondent, talks to four of the authors, Stephen G Cechetti, Hans Genberg, John Lipksy and Sushil Wadhwani, about their controversial conclusion. That is – central banks sometimes have to take asset prices into account when setting monetary policies. That raises many questions – such as how do you recognize an asset bubble? What action do you take? It’s all very difficult, but the exercise is worthwhile.
	Monitoring European Integration 10 (MEI) Integration and the Regions of Europe: How the Right Policies Can Prevent Polarization
	James Morgan, the former BBC World Service economics correspondent, talks to Paul Seabright about Europe: How the Right Policies Can Prevent Polarization. This far-reaching report discusses three possible outcomes of regional policy and development in Europe and compares regional differentials with those in the United States. And, how did Ireland succeed where Italy failed?