Overview
- Editors:
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Luigi Paganetto
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FUET, Economics Foundation, University of Rome Tor Vergata, Rome, Italy
Explores the impediments to financial stability and sustainable growth in the EU
Discusses potential solutions in detail
Highlights the need for linked fiscal, monetary, credit, and investment choices
Comprises a selection of contributions from the XXVIII Villa Mondragone International Economic Seminar
Includes supplementary material: sn.pub/extras
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Table of contents (16 papers)
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- Michael Mitsopoulos, Theodore Pelagidis
Pages 69-88
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- Ernesto L. Felli, Giovanni Tria
Pages 89-104
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- Riccardo Barbieri Hermitte
Pages 105-119
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- Francesco Felici, Francesco Nucci, Ottavio Ricchi, Cristian Tegami
Pages 121-132
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- Enrico Marelli, Marcello Signorelli
Pages 173-192
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- Francesco Felici, Francesco Nucci, Ottavio Ricchi, Cristian Tegami
Pages 193-204
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- Luigi Paganetto, Pasquale L. Scandizzo
Pages 257-271
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- Martino Lo Cascio, Massimo Bagarani
Pages 273-293
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About this book
This book explores the diverse challenges facing the EU and in particular examines the impediments to financial stability and sustainable growth and how these can be overcome. Among the topics explored are the extent to which monetary union has favored real convergence, competitive imbalances in the eurozone, and the impacts of austerity measures. Potential solutions are closely scrutinized, highlighting the need for linked fiscal, monetary, credit, and investment choices. Opportunities for public and private investment in infrastructure, human capital, the environment, and innovation are emphasized, as is the role of fiscal stimulus targeting aggregate demand and output. Detailed attention is paid to the importance of coordination of macroeconomic policies and the scope for reforms in EMU design and EU governance. In this context, the proposals in the recent Five Presidents’ Report are assessed, along with other ideas regarding progressive steps aimed at closer economic, financial, and political union in the medium to long term. Readers will also find separate scrutiny of the Greek crisis and the effectiveness of the third economic adjustment programme. The book comprises a selection of contributions presented at the XXVIII Villa Mondragone International Economic Seminar.
Editors and Affiliations
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FUET, Economics Foundation, University of Rome Tor Vergata, Rome, Italy
Luigi Paganetto
About the editor
Luigi Paganetto is Emeritus Professor and Full Professor of European Economics at the University of Rome Tor Vergata, and President of the Economics Foundation Tor Vergata for Economic Research. He participates as an expert in European and International working groups. He is the author of articles and books in the fields of Macroeconomics, International Economics, Italian and European Industrial Economics, and Energy and Environment.
