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Full Employment and High Growth in Europe

A New Cycle of Reofms to Play a Leading Role in the New World Economy

Mario Baldassarri og Francesco Busato

Palgrave Macmillan 2003, 272 s. ISBN 1403920702
Bogomtale fra forlaget.

Mario Baldassarri and Francesco Busato evaluate the impact produced by a new cycle of structural reforms over European Union economies. The structural reforms concern the size and the composition of government expenditure, the good and services markets, and the labour market. The book illustrates how the key challenge for European countries is not to discuss how policies could be implemented (e.g. fiscal policy competition Vs fiscal policy coordination), but to implement them.

Contents PART I: INTRODUCTION AND CONCLUSIONS
A Discussion and a Proposal on How to Revive Europe...without Waiting for Godot the Prince
PART II: THEORETICAL BACKGROUND, EUROPEAN UNION GUIDELINES, AND EMPIRICAL EVIDENCES
Three Theoretical Achievements
Economic Policies in the European Union
Empirical Evidences
PART III: ECONOMIC POLICIES FACE TO FACE
International Framework and Alternative Strategies
Easy Monetary Policy: Effectiveness and Limits
Higher Spending, Higher Taxes and No Reforms
Lower Taxes, Lower Spending, Higher Employment
Appendix
References
Author BiographiesMARIO BALDASSARRI is Full Professor of Economics, at University of Rome "La Sapienza" and was appointed Viceminister of the Economy and Finance of the Italian Republic in June 2001. He is author of several books and scientific publications on a wide range of economic issues, including the role of government spending in economic growth, industrial policy, the labour market and employment.