Dollar, Euro's and Debt discusses the recent financial, economic, and fiscal crisis. It argues that the focus that has been put on cyclical aspects of the crisis has missed the fundamental point, that the crisis is largely structural, even though cyclical factors (the sub-prime problem) may have precipitated, or better anticipated, it.

Vito Tanzi received his PhD in economics from Harvard University in the USA. He was Chief of Tax Policy (1974–1981) and Director of Fiscal Affairs Department (1981–2000) at the International Monetary Fund. He was President of the International Institute of Public Finance (1990) and Undersecretary for Economy and Finance in the Italian Government (2001). He has worked as a consultant for several international organizations and is the recipient of five honorary degrees. Tanzi has written and edited numerous publications. He has published hundreds of articles in professional journals.