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The Nobel Finn Kydland joins the RACEF being alert of the "Argentine risk" for which the Spanish economy happens
15/06/2010
The Nobel of Economy and adviser of the FED Finn And. Kydland has been alert today in Barcelona on the "Argentine risk " for which there happens the Spanish economy, similar to that of the South American country in the decade of the 80 of last century, and has bet for long-term policies as the only route to what it has named the "Finnish effect ".
The Norwegian economist has done these reflections with some of the members of the Royal Academy of Economic and Financial Sciences of Spain (RACEF), where this evening it has deposited as Corresponding Member for Sweden in the Solemn Session that has closed the Academic Course 2009-2010, co-chaired by the president of the Catalan Parliament, Ernest Benach, and the president of the RACEF, Jaime Gil Aluja, who in turn delivered the speech of answer to the new Member.
After intervening yesterday before the Parliament of Catalonia, where it was alert on the debt excess of the Spanish administrations and the "immediacy" of his economic policies, Kydland has insisted before the RACEF of the need to promote the credibility to attract the investors.
