IDEAS home Printed from https://ideas.repec.org/a/sen/rebelj/vlviy2011i4p442-454.html
   My bibliography  Save this article

Strengthening Europe. Piecemeal Institutional Engineering in Times of Turmoil

Author

Listed:
  • W. Moesen

Abstract

Turbulent times may be conducive to take significant steps forward for Europe. The starting point of this paper is an objective assessment of the fiscal vulnerability of the major European countries. Using the PWC composite indicator and a ranking for the sustainability of the public finances, it appears that the sequence of the actual problematic countries correlates well with this ranking. Subsequently, we discuss various alternatives for strengthening the Eurozone. We argue that the support for eurobonds should go together with a strengthening of economic governance. Moreover we favor Pigouvian taxes as own resources for the EU-budget. Inspiring examples are a financial transaction tax and an air aviation tax.

Suggested Citation

  • W. Moesen, 2011. "Strengthening Europe. Piecemeal Institutional Engineering in Times of Turmoil," Review of Business and Economic Literature, Intersentia, vol. 0(4), pages 442-454, December.
    • Handle: RePEc:sen:rebelj:v:lvi:y:2011:i:4:p:442-454
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sen:rebelj:v:lvi:y:2011:i:4:p:442-454. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Petra Van den Bempt (email available below). General contact details of provider: http://www.rebel-journal.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.