The crisis calls for counter policies all of Europe. There would be for many years ahead some countries with structural deficits (‘catching up’ countries) and countries with a structural surplus (the more mature economies). It is difficult to understand that a European Monetary Fund was not established contemporary with the EMU.
As governments everywhere struggle with cutting deficits without hammering the recovery from the financial crisis, a new book argues that Keynes has had the solution for a long time.
The reform addresses the first side of the triangle of the crisis, insofar as the number of uninsured will be drastically reduced, but the problems of inequality before the illness and of costs remain away from a solution.
The institutional arrangements behind the euro have distorted the monetary - fiscal balance, creating deflationary central bank dominance.Its design embeds neo-liberal monetary theory which in many regards rests on the same economic principles as the gold standard.
If we don't develop a national industrial policy for clean-energy production, the strategies of other nations will displace American companies and jobs
A report by the French Government analyses the volatility of the oil price and proposes the definition of an effective European oil strategy along with a stronger cooperation of Europe with the Southern Countries
