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来源类型 | Publication |
‘Whatever It Takes’ Why Urgent Fiscal Policy Action is Key to Eurozone Success | |
Alessandro Leipold | |
发表日期 | 2020-03-06 |
出版年 | 2020 |
语种 | 英语 |
概述 | In light of the recent COVID-19 outbreak and its impact on economic growth, Europe is faced with a clear and present danger of economic slowdown. But is it only... |
摘要 | In light of the recent COVID-19 outbreak and its impact on economic growth, Europe is faced with a clear and present danger of economic slowdown. But is it only COVID-19 that threatens the European economy? With central banks running low on ammunition, Chief Economist Alessandro Leipold calls for a Copernican Revolution in European policymaking. Fiscal policy – and the council of economic and financial affairs ministers who guide it – must step up and do “whatever it takes.” He proposes a five-point programme to shore up the European economy, including adopting a European unemployment benefit reinsurance programme, agreeing the Budgetary Instrument for Convergence and Competitiveness (BICC) mechanism, “embracing counter-cyclical fiscal stimulus centred on investment” and a putting a calculated end to indecision and meandering discussion. Economic Intelligence 10/2020 is the latest briefing of the Economic Intelligence series published by the Lisbon Council and devoted to highlighting issues surrounding — and arising from — key meetings of the European Council and eurozone finance ministers. |
主题 | Leipold ; Euro ; Economy |
URL | https://lisboncouncil.net/publication/publication/171-whatever-it-takes-why-urgent-fiscal-policy-action-is-key-to-eurozone-success.html |
来源智库 | Lisbon Council for Economic Competitiveness and Social Renewal (Belgium) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/472855 |
推荐引用方式 GB/T 7714 | Alessandro Leipold. ‘Whatever It Takes’ Why Urgent Fiscal Policy Action is Key to Eurozone Success. 2020. |
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171_whatever-i.jpg(21KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | ![]() 浏览 | ||
LISBON_COUNCIL_Econo(1216KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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