From reform to growth :
managing the economic crisis in Europe /
Vít Novotný, editor ; Centre for European Studies.
The global economic crisis that began in 2007 has posed huge challenges for European citizens and governments. The crisis has shown that the financial sector has not been adequately regulated and supervised, that governments and individuals have overspent, andthat European economies are suffering from structural problems. This book, a collaboration between the Centre for European Studies and its member foundations, assesses governmentresponses to the crisis at the national, EU and regional levels, and also offers policy recommendations. Governments should work with one another and with EU institutions to improve bank supervision and regulatory mechanisms. They should undertake fiscal consolidation measures, bearing in mind that government deficits and debt incur costs that burden future generations. Finally, they should undertake structural reforms such as creating flexible labour markets, increasing the retirement age and shaping efficient public institutions.
Includes erratum for pages -67: Belgium : living on the edge / Niko Gobbin.
Physical description: 543 pages : illustrations ; 25 cm
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|15A 2109||Main Reading Room||Books|