Martin Wolf, chief economics commentator of the Financial Times, spoke on the topic of "Why the Eurozone Crisis is Not Over" at the Peterson Institute on May 3, 2012. Wolf believes that the euro area crisis in fact has barely begun and requires a process of adjustment that could take a full decade and posed the question of whether the member countries have the political will to make that process work and resolve the crisis successfully. Wolf's speech was cosponsored by the Peterson Institute and the National Economists Club.
Martin Wolf is probably the most widely read and influential economics columnist in the world. He was awarded the CBE (Commander of the British Empire) in 2000 "for services to financial journalism" and is an associate member of the governing body of Nuffield College, Oxford; honorary fellow of Corpus Christi College, Oxford; honorary fellow of the Oxford Institute for Economic Policy (Oxonia); and a special professor at the University of Nottingham. He was made a Doctor of Letters, honoris causa, by Nottingham University in July 2006 and a Doctor of Science (Economics) of London University, honoris causa, by the London School of Economics in December 2006. Wolf's most recent books are Why Globalization Works and Fixing Global Finance.