1 / 5

Without trust, no thrust Some reflections on the new EU agenda for policy reforms

Without trust, no thrust Some reflections on the new EU agenda for policy reforms. Jérôme Creel (OFCE & ESCP Europe, Paris) Public Hearing by the ECON Committee on “Economic governance and crisis management in the EU”, European Parliament, Monday 17 October 2011.

zilya
Download Presentation

Without trust, no thrust Some reflections on the new EU agenda for policy reforms

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Without trust, no thrust Some reflections on the new EU agenda for policy reforms Jérôme Creel (OFCE & ESCP Europe, Paris) Public Hearing by the ECON Committee on “Economic governance and crisis management in the EU”, European Parliament, Monday 17 October 2011

  2. Improving trust in institutions • Short run: emergency 1 • Improving trust in the Euro • Short run: emergency 2 • Assessing the ‘6-pack’ • The democratic criterion • Checking the checkers • Checking for the effectiveness of fiscal policy • Defending the independence of the ECB • Acknowledging no one size fits all rules

  3. Thrust : longer run emergency 2 • Cooperation/coordination btw all institutions, including the ECB • Other options: • dual mandate, • IT framework, • ‘good’ and ‘bad’ taxes and expenditures… to reach a modified golden rule of public finance

  4. (1)

  5. (2)

More Related