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A European recovery programme. Bruegel Policy Brief 2008/09, November 2008

Pisani-Ferry, Jean and Sapir, Andre and von Weizsacker, Jacob. (2008) A European recovery programme. Bruegel Policy Brief 2008/09, November 2008. [Policy Paper]

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    Abstract

    [Introduction]. To overcome the most serious recession since the Great Depression, this policy brief proposes and details a European Recovery Programme, consisting of a substantial and coordinated fiscal stimulus complemented by measures to strengthen fiscal sustainability. Jean Pisani-Ferry, André Sapir and Jakob von Weizsäcker have put together a programme which combines an immediate budgetary stimulus via the implementation of four concrete steps: 1. budgetary boost 2. reform commitment 3. enforcement and 4. prudent borrowing.

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    Item Type: Policy Paper
    Uncontrolled Keywords: Economic stimulus.
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on and consequences/reforms
    EU policies and themes > Policies & related activities > economic and financial affairs > Stability and Growth Pact
    Subjects for EU documents: UNSPECIFIED
    EU Series: UNSPECIFIED
    ["eprint_fieldname_eusries" not defined]: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bruegel (Brussels) > Policy Briefs
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 17 Nov 2008
    Page Range: p. 8
    Last Modified: 15 Feb 2011 18:01
    URI: http://aei.pitt.edu/id/eprint/9584

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