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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.

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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.

Item Type:Policy Paper
Public Domain:No
Refereed:No
Status:Published
Authors, Individual:Pisani-Ferry, Jean and Sapir, Andre and von Weizsacker, Jacob.
Title:A European recovery programme. Bruegel Policy Brief 2008/09, November 2008
Language:English
Journals and Series:Series > Bruegel (Brussels) > Policy Briefs
Pages:8
Month:November
Year:2008
Subjects:EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis/recession 2008-9
EU policies and themes > Policies & related activities > economic and financial affairs > Stability and Growth Pact
Keywords:Economic stimulus.
Alternative Locations:http://www.bruegel.org/Public/PublicationPage.php?ID=1169
ID Code:9584
Deposited By:Wilkin, Phil
Deposited On:17 November 2008