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Chapter 1: The European Economy: Macroeconomic Outlook and Policy

Author

Listed:
  • Lars Calmfors
  • Giancarlo Corsetti
  • Michael P. Devereux
  • Gilles Saint-Paul
  • Hans-Werner Sinn
  • Jan-Egbert Sturm
  • Xavier Vives

Abstract

This chapter presents the macroeconomic forecast and analyses monetary and fiscal policy in Europe. Because of the uncertainty about macroeconomic developments in the US and how they will be transmitted to the rest of the world as well as the uncertainty about how decoupled growth in emerging economies has become from the US cycle, a global perspective is more relevant than ever.

Suggested Citation

  • Lars Calmfors & Giancarlo Corsetti & Michael P. Devereux & Gilles Saint-Paul & Hans-Werner Sinn & Jan-Egbert Sturm & Xavier Vives, 2008. "Chapter 1: The European Economy: Macroeconomic Outlook and Policy," EEAG Report on the European Economy, CESifo, vol. 0, pages 13-60, February.
  • Handle: RePEc:ces:eeagre:v::y:2008:i::p:13-60
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