William R. Cline has been a senior fellow at the Peterson Institute for International Economics since 1981. During 1996-2001 while on leave from the Institute, Dr. Cline was deputy managing director and chief economist of the Institute of International Finance (IIF) in Washington, DC. From 2002 through 2011 he held a joint appointment with the Peterson Institute and the Center for Global Development, where he is currently senior fellow emeritus. Before joining the Peterson Institute, he was senior fellow, the Brookings Institution (1973-81); deputy director of development and trade research, office of the assistant secretary for international affairs, US Treasury Department (1971-73); Ford Foundation visiting professor in Brazil (1970-71); and lecturer and assistant professor of economics at Princeton University (1967-70).
Cline offers the most detailed, data-rich, and policy-relevant analysis of the euro crisis yet to appear. -- Andrew Moravcsik, Princeton University Foreign Affairs Cline's new book is a welcome contribution to the post-2008 literature of the crisis in the Eurozone, with a focus on the debt sustainability, fiscal adjustments, debt restructuring, banking union, and fiscal union. The book attempts to provide quantitative analysis of debt sustainability in the Eurozone periphery. Further analysis must start from the very skillful work done in this fine book. -- Assaf Razin, Tel Aviv University Journal of Economic Literature
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