Recommendations for Europe
Chapter 2: The European Imbalance: Try a fiscal devaluation / Cut expenditure rather than raising taxes during fiscal consolidation / Reduce the Greek debt overhang brChapter 3: Labour Market Reforms and Youth Unemployment: Two-tier labour markets should be eliminated / Make dismissal costs for firms modest and predictable / Reconsider the automatic, legally binding extension of wage bargains across sectors / Vocational education, training and apprenticeships brChapter 4: US Precedents for Europe: Establish a common state before federalising debt / Limit liabilities / Fiscal Equity / Ensure that Europe's central bank is flexible and strictly governed / Set up a US-style settlement mechanism in Europe
Volume (Year): (2013)
Issue (Month): (02)
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