What kind of fiscal union?
AbstractThis policy brief argues that the euro area's shortcomings have become abundantly clear. It was set up without powers of strict surveillance over macroeconomic imbalances, crisis management and resolution instruments, or adequate banking supervision and resolution tools. The authors assert that the core reason for these failures is the absence of a fiscal union with corresponding authority over fiscal, structural and banking policies.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Bruegel in its series Policy Briefs with number 646.
Date of creation: Nov 2011
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-12-13 (All new papers)
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Luigi Guiso & Helios Herrera & Massimo Morelli, 2013. "A Cultural Clash View of the EU Crisis," EIEF Working Papers Series 1321, Einaudi Institute for Economics and Finance (EIEF), revised Jul 2013.
- Philip R. Lane, 2012. "The European Sovereign Debt Crisis," Journal of Economic Perspectives, American Economic Association, vol. 26(3), pages 49-68, Summer.
- Chiara Angeloni & Guntram B. Wolff, 2012. "Are banks affected by their holdings of government debt?," Working Papers 717, Bruegel.
- C. Randall Henning & Martin Kessler, 2012.
"Fiscal federalism: US history for architects of Europe's fiscal union,"
Essays and Lectures
- C. Randall Henning & Martin Kessler, 2012. "Fiscal Federalism: US History for Architects of Europe's Fiscal Union," Working Paper Series WP12-1, Peterson Institute for International Economics.
- Christian Keuschnigg, 2012.
"Should Europe Become a Fiscal Union?,"
Ifo Institute for Economic Research at the University of Munich, vol. 13(1), pages 35-43, 04.
- Jorg Bibow, 2013. "Lost at Sea: The Euro Needs a Euro Treasury," Economics Working Paper Archive wp_780, Levy Economics Institute.
- Schilirò, Daniele, 2012.
"The crisis of euro’s governance: institutional aspects and policy issues,"
40861, University Library of Munich, Germany.
- Daniele SCHILIRÒ, 2013. "The Crisis of Euro's Governance: Institutional Aspects and Policy Issues," Chapters of Financial Aspects of Recent Trends in the Global Economy book, in: Rajmund Mirdala (ed.), Financial Aspects of Recent Trends in the Global Economy, volume 2, chapter 9, pages 151-163 ASERS Publishing.
- Schoenmaker, Dirk & Gros, Daniel, 2012. "A European Deposit Insurance and Resolution Fund," CEPS Papers 6918, Centre for European Policy Studies.
- Schoenmaker, Dirk & Gros, Daniel, 2012. "A European Deposit Insurance and Resolution Fund - An Update," CEPS Papers 7276, Centre for European Policy Studies.
- Keuschnigg, Christian, 2012. "Welche Finanz- und Wirtschaftspolitik braucht Europa?," Economics Working Paper Series 1201, University of St. Gallen, School of Economics and Political Science.
- Meixing Dai & Samuel Sarfati, 2012.
"L’Union bancaire européenne permet-elle de sauver l’euro ?,"
Bulletin de l'Observatoire des politiques économiques en Europe,
Observatoire des Politiques Économiques en Europe (OPEE), vol. 0(3), December.
- Dai, Meixing & SARFATI, Samuel, 2012.
"Union bancaire européenne permet-elle de sauver l’euro ?
[Can European Banking Union Save the Euro?]," MPRA Paper 43369, University Library of Munich, Germany.
- Dai, Meixing & SARFATI, Samuel, 2012. "Union bancaire européenne permet-elle de sauver l’euro ?
- Jean Pisani-Ferry, 2012. "The Euro crisis and the new impossible trinity," Policy Contributions 674, Bruegel.
- Mario Tonveronachi, 2012. "A Proposal for a Growth and Fiscal Compact," Ensayos Económicos, Central Bank of Argentina, Economic Research Department, vol. 1(65-66), pages 77-106, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bruegel).
If references are entirely missing, you can add them using this form.