| Author (Person) | Pisani-Ferry, Jean |
|---|---|
| Publisher | Bruegel |
| Series Title | Bruegel Policy Briefs |
| Series Details | No.9. November 2008 |
| Publication Date | November 2008 |
| Content Type | Journal | Series | Blog |
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To overcome the most serious recession since the Great Depression, this policy brief proposes and details a European Recovery Programme, consisting of a substantial and coordinated fiscal stimulus complemented by measures to strengthen fiscal sustainability. Jean Pisani-Ferry, André Sapir and Jakob von Weizsäcker have put together a programme which combines an immediate budgetary stimulus via the implementation of four concrete steps: 1. budgetary boost 2. reform commitment 3. enforcement and 4. prudent borrowing. |
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| Source Link | Link to Main Source http://aei.pitt.edu/9584/01/European-Recovery-Programme-17112008-2.pdf |
| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
