Full Employment and High Growth in Europe: A New Cycle of Reforms to Play a Leading Role in the New World Economy

by M. Baldassarri, F. Busato

Overview

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.

Product Details

ISBN-13:	9781349514915
Publisher:	Palgrave Macmillan UK
Publication date:	11/11/2003
Edition description:	1st ed. 2003
Pages:	252
Product dimensions:	5.51(w) x 8.50(h) x 0.02(d)

About the Author

MARIO BALDASSARRI is Full Professor of Economics, at University of Rome "La Sapienza" and was appointed Viceminister of the Economy and Finance of the Italian Republic in June 2001. He is author of several books and scientific publications on a wide range of economic issues, including the role of government spending in economic growth, industrial policy, the labour market and employment.

FRANCESCO BUSATO is a Phd candidate (Columbia University), Researcher at University of Rome "La Sapienza", and Advisor as a Senior Economist at the Research Office of Consip S.p.A. (Italian e-procurement agency). His current research interest involves Dynamic General Equilibrium Theory, Fiscal Policy, Finance and Asset Pricing, Auction theory and Mechanism Design.

Table of 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