Martin Feldstein, (2017), “Europe’s Economic Dilemma”, The Project Syndicate, 30 Οκτωβρίου
The European Central Bank deserves credit for the economic improvements that have occurred in the past few years. But the ECB’s policies also mean that the eurozone has no ammunition left to fight the next recession, because interest rates cannot be reduced further and fiscal policy remains in the hands of national governments.
Σχετικές Αναρτήσεις
- Jean Tirole, (2017), «The European Project Needs a New Long-Term Vision», Bloomberg View, 30 Οκτωβρίου
- ECB, (2017), «Structural reform needs in the euro area: insights from a survey of large companies», Economic Bulletin Issue 66, Σεπτέμβριος 2017