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Full Description
Two years after the worst economic crisis since the great depression, economic growth has resurfaced across the world, but with significant variation. This timely book illustrates that although mature economies (the EU in particular) are still confronting sluggish economic performance, emerging markets seem to have fully recovered. It explores the reform of global economic governance after the crisis and, in this context, addresses the role of the EU and its economic prospects for the coming decade. The expert contributors provide analyses, insights and policy recommendations that match short-term interventions with long-term policies to encourage sustainable, balanced growth within the framework of reformed global economic governance. Focusing on the EU in particular, they indicate and prescribe tools and mechanisms with which to enhance growth potentials in Europe and the Eurozone. The 'Europe 2020' objectives are evaluated, including global burden-sharing and trade-related aspects of climate change targets, and US-China relations and the prospects of transatlantic partnership are also explored.
This book will prove essential reading for academics and researchers focusing on both European and international economics as well as European studies. Civil servants, government officials, international think-tanks, and EU research centers will also find much to interest them within this book.
Contents
Contents:
Foreword
Olli Rehn
Introduction
Carlo Secchi and Antonio Villafranca
PART I: HEADING TO 2020: A NEW WORLD ECONOMIC GOVERNANCE?
1. Europe and the World's Economy Governance: The Monetary and Financial Perspective
Franco Bruni
2. Transatlantic Economic Policy Co-ordination at a Crossroad: Why it is Badly Needed and How it Would Improve the Work of the G20
Jacques Mistral
3. Understanding China's Role in the Post-financial Crisis World
Xiaozu Wang
PART II: CARVING OUT A PLACE FOR THE EU
4. The EU Economy to 2020: Coping with Divergence and Debt
Vanessa Rossi
5. The EU in Search of its New Shape: Economic Challenges and Governance Reforms in the Sovereign Debt Crisis
Daniela Schwarzer
6. The Fiscal Governance Disorder of the Eurozone: Curing the Symptoms or Curing the Causes?
Carlo Altomonte, Francesco Passarelli and Carlo Secchi
7. Overcoming Europe's Long Term Growth Crisis
Fabian Zuleeg
8. 'Europe 2020': The Shift to a Revised Climate Strategy
Antonio Villafranca
Index
