Full Employment and High Growth in Europe

1. Front Matter

   Pages i-xiii

   PDF

2. Introduction And Conclusions

   1. Front Matter

      Pages 1-1

      PDF

   2. A Discussion and a Proposal on How to Revive Europe… without Waiting for Godot the Prince

      • Mario Baldassarri, Francesco Busato

      Pages 3-28

3. Theoretical Background, European Union Guidelines, And Empirical Evidences

   1. Front Matter

      Pages 29-29

      PDF

   2. Three Theoretical Achievements

      • Mario Baldassarri, Francesco Busato

      Pages 31-45

   3. Economic Policies in the European Union

      • Mario Baldassarri, Francesco Busato

      Pages 46-50

   4. Empirical Evidences

      • Mario Baldassarri, Francesco Busato

      Pages 51-89

4. Economic Policies Face to Face

   1. Front Matter

      Pages 91-91

      PDF

   2. International Framework and Alternative Strategies

      • Mario Baldassarri, Francesco Busato

      Pages 93-97

   3. Easy Monetary Policy: Effectiveness and Limits

      • Mario Baldassarri, Francesco Busato

      Pages 98-116

   4. Higher Spending, Higher Taxes and No Reforms

      • Mario Baldassarri, Francesco Busato

      Pages 117-133

   5. Lower Taxes, Lower Spending, Higher Employment

      • Mario Baldassarri, Francesco Busato

      Pages 134-213

5. Back Matter

   Pages 214-252

   PDF

Mario Baldassarri and Francesco Busato evaluate the impact produced by a new cycle of structural reforms over European Union economies. The structural reforms concern the size and the composition of government expenditure, the good and services markets, and the labour market. The book illustrates how the key challenge for European countries is not to discuss how policies could be implemented (e.g. fiscal policy competition Vs fiscal policy coordination), but to implement them.

• employment
• European Union (EU)
• fiscal policy
• growth
• labor market
• labour market
• monetary policy
• Structural Reforms

• University of Rome, La Sapienza, Italy

  Mario Baldassarri

• Columbia University, New York

  Francesco Busato

MARIO BALDASSARRI is Full Professor of Economics, at University of Rome "La Sapienza" and was appointed Viceminister of the Economy and Finance of the Italian Republic in June 2001. He is author of several books and scientific publications on a wide range of economic issues, including the role of government spending in economic growth, industrial policy, the labour market and employment.

FRANCESCO BUSATO is a Phd candidate (Columbia University), Researcher at University of Rome "La Sapienza", and Advisor as a Senior Economist at the Research Office of Consip S.p.A. (Italian e-procurement agency). His current research interest involves Dynamic General Equilibrium Theory, Fiscal Policy, Finance and Asset Pricing, Auction theory and Mechanism Design.

Policies and ethics