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A European Exit Strategy

Author

Listed:
  • Jürgen von Hagen
  • Jean Pisani-Ferry
  • Jakob von Weizsäcker

Abstract

This Policy Brief was adapted from a paper written by the three authors and presented by Bruegel Director Jean Pisani-Ferry at the informal ECOFIN Council meetings in Gothenburg, Sweden, on 1 Oct. In the brief, the authors argue that bank recapitalisation and restructuring should be a matter of urgency for EU member states and that governments should not undertake the necessary fiscal and monetary policy exit until problems within the...

Suggested Citation

  • Jürgen von Hagen & Jean Pisani-Ferry & Jakob von Weizsäcker, 2009. "A European Exit Strategy," Policy Briefs 328, Bruegel.
    • Handle: RePEc:bre:polbrf:328
    as

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    File URL: https://www.bruegel.org/wp-content/uploads/imported/publications/pb_exitstrategies_151009_01.pdf
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    References listed on IDEAS

    as
    1. Philippe Aghion & Alan Ahearne & Marek Belka & Lars Heikensten & Jean Pisani-Ferry & André Sapir & Jürgen von Hagen, . "Coming of age- report on the euro area," Blueprints, Bruegel, number 11.
    2. Valerie Cerra & Sweta Chaman Saxena, 2008. "Growth Dynamics: The Myth of Economic Recovery," American Economic Review, American Economic Association, vol. 98(1), pages 439-457, March.
    3. Carlo Cottarelli & José Vinãls, 2009. "A Strategy for Renormalizing Fiscal and Monetary Policies in Advanced Economies," IMF Staff Position Notes 2009/22, International Monetary Fund.
    4. Mr. Carlo Cottarelli & José Vinãls, 2009. "A Strategy for Renormalizing Fiscal and Monetary Policies in Advanced Economies," IMF Staff Position Notes 2009/022, International Monetary Fund.
    5. Mr. Andre Meier, 2009. "Panacea, Curse, or Nonevent? Unconventional Monetary Policy in the United Kingdom," IMF Working Papers 2009/163, International Monetary Fund.
    6. Jean Pisani-Ferry & Bruno van Pottelsberghe, 2009. "Handle with care! Post-crisis growth in the EU," Policy Briefs 301, Bruegel.
    7. Jürgen von Hagen, 2009. "The monetary mechanics of the crisis," Policy Contributions 320, Bruegel.
    8. Jürgen von Hagen & Andrew Hughes Hallett & Rolf Strauch, 2001. "Budgetary Consolidation in EMU," European Economy - Economic Papers 2008 - 2015 148, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ansgar Belke, 2010. "Financial Crisis, Global Liquidity and Monetary Exit Strategies," Ruhr Economic Papers 0183, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    2. Catherine Mathieu & Henri Sterdyniak, 2010. "European Debt Crisis and Fiscal Exit Strategies," SciencePo Working papers Main hal-01069426, HAL.
    3. Belke, Ansgar, 2010. "Financial Crisis, Global Liquidity and Monetary Exit Strategies," Ruhr Economic Papers 183, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    4. Daniel Daianu, 2010. "L’Union économique et monétaire : l’entrée dans une ère de moindres espérances et d’incertitudes grandissantes," Revue d'Économie Financière, Programme National Persée, vol. 96(1), pages 145-161.
    5. repec:dau:papers:123456789/4806 is not listed on IDEAS
    6. Bilbao-Ubillos, Javier, 2023. "Lessons learned from poor governance: A comparison of the EU strategies for exiting the crises of 2008 and 2020," Structural Change and Economic Dynamics, Elsevier, vol. 67(C), pages 372-379.
    7. repec:zbw:rwirep:0183 is not listed on IDEAS

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