Recommendations for Europe
Chapter 2: Switzerland: Relic of the Past, Model for the Future? / Learn from the Swiss approach to diversity management. / Embrace pragmatic compromises as a way of laying firm foundations for common institutions and policies. / Adopt both a common legal and regulatory infrastructure, and a comprehensive and rigorous fiscal system. Chapter 3: Austerity: Hurting but Helping / Euro area policy-makers should deal with the peripheryâ€™s debt overhang / Countries in which the crisis has permanently changed the growth outlookneed to accept some degree of fiscal austerity and embrace downward wage flexibility. / Periphery countries should make their labour markets more flexible. / The fiscal policy framework in the periphery countries should be strengthened to lend more credibility to the fiscal programs. Chapter 4: Banking Union: Who Should Take Charge? / The ECBâ€™s Comprehensive Assessment of Financial Institutions needs to be as rigorous and transparent in reality as claims suggest it will be. /Clarification of who will pay for the legacy problems revealed by the Comprehensive Assessment is essential. /The list of creditors exempt from bailing-in should be kept short.
Volume (Year): (2014)
Issue (Month): (02)
|Contact details of provider:|| Postal: Poschingerstrasse 5, 81679 Munich|
Phone: +49 (89) 9224-0
Fax: +49 (89) 985369
Web page: http://www.cesifo-group.de
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ces:eeagre:v::y:2014:i::p:06-07. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Klaus Wohlrabe)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.