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Full Description
Mario Baldassarri and Francesco Busato evaluate the impact produced by a new cycle of structural reforms over European Union economies. The structural reforms concern the size and the composition of government expenditure, the good and services markets, and the labour market. The book illustrates how the key challenge for European countries is not to discuss how policies could be implemented (e.g. fiscal policy competition Vs fiscal policy coordination), but to implement them.
Contents
PART I: INTRODUCTION AND CONCLUSIONS A Discussion and a Proposal on How to Revive Europe...without Waiting for Godot the Prince PART II: THEORETICAL BACKGROUND, EUROPEAN UNION GUIDELINES, AND EMPIRICAL EVIDENCES Three Theoretical Achievements Economic Policies in the European Union Empirical Evidences PART III: ECONOMIC POLICIES FACE TO FACE International Framework and Alternative Strategies Easy Monetary Policy: Effectiveness and Limits Higher Spending, Higher Taxes and No Reforms Lower Taxes, Lower Spending, Higher Employment Appendix References