Showing 1 - 10 of 60
In a monetary union, national fiscal deficits are of limited help to counteract deep recessions; union-wide support is needed. A common euro-area budget (1) should provide a temporary but significant transfer of resources in case of large regional shocks, (2) would be an instrument to counteract...
Persistent link: https://www.econbiz.de/10009670789
Persistent link: https://www.econbiz.de/10010202756
Persistent link: https://www.econbiz.de/10009673766
This paper discusses the creation of a European Banking Union. First, we discuss questions of design. We highlight seven fundamental choices that decision makers will need to make: Which EU countries should participate in the banking union? To which categories of banks should it apply? Which...
Persistent link: https://www.econbiz.de/10009552338
This report examines key aspects of the European Union-China economic relationship, including trade, investment and China's key strategic project overseas, the Belt and Road Initiative (BRI). We conclude that China is, and will continue to be, a major trade and investment partner for EU...
Persistent link: https://www.econbiz.de/10015282010
These Memos, addressed to the next Commission President and to the new European commissioners, are written by Bruegel Scholars and edited by Senior Research Fellow André Sapir and focus on key economic aspects of EU policy-making. The new Commission will enter office at a challenging time for...
Persistent link: https://www.econbiz.de/10008922848
Alan Ahearne and Jürgen von Hagen explore the options European policy makers have in the context of global current account imbalances. Some Europeans are concerned that a disproportionately large burden of adjustment will fall on Europe when the European economy is not flexible enough to cope...
Persistent link: https://www.econbiz.de/10008922854
This report surveys the economic performance of the euro area and gives recommendations about six policy challenges of major importance for the future of EMU.
Persistent link: https://www.econbiz.de/10008922868
This Bruegel Blueprint argues that Europe should take the lead in defining a solution to the problem of excessive public debts and create a European Crisis Resolution Mechanism (ECRM).The authors, Francois Gianviti, Anne O. Krueger, Jean Pisani-Ferry, André Sapir and Jürgen von Hagen, present...
Persistent link: https://www.econbiz.de/10008922874
Alan Ahearne and Jürgen von Hagen examine one of the most alarming global economic developments in recent years- the evolution of global current account imbalances and its implications for European policy.
Persistent link: https://www.econbiz.de/10009003789