Pisani-Ferry, Jean. (2010) Euro area governance: What went wrong in the euro area? How to repair it? Bruegel Policy Contribution 2010/05, June 2010. [Policy Paper]
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Abstract
Bruegel Director Jean Pisani-Ferry focuses on the institutional response to the euro area crisis with the Van Rompuy Task Force being set up to reform economic governance. The task force is due to present its progress report shortly and the author examines two basic questions in this context– what went wrong in the euro area (and the lessons learnt from this) and consequently what are the three choices for reforming governance. He explains why implementation of existing rules need to be strengthened and why the Van Rompuy Task Force should revisit the fundamental principles on which the EMU is founded and resist the temptation to solely address divergences.
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| Item Type: | Policy Paper |
|---|---|
| Subjects for non-EU documents: | EU policies and themes > Policies & related activities > political affairs > governance: EU & national level EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on/reforms/economic governance EU policies and themes > Policies & related activities > economic and financial affairs > EMU/EMS/euro |
| Subjects for EU documents: | UNSPECIFIED |
| EU Series and Periodicals: | UNSPECIFIED |
| EU Annual Reports: | UNSPECIFIED |
| Series: | Series > Bruegel (Brussels) > Policy Contributions |
| Depositing User: | Phil Wilkin |
| Official EU Document: | No |
| Language: | English |
| Date Deposited: | 12 Jul 2010 |
| Page Range: | p. 9 |
| Last Modified: | 15 Feb 2011 18:32 |
| URI: | http://aei.pitt.edu/id/eprint/14329 |
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