Author (Person) | Nevin, Mark |
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Publisher | Federal Trust |
Publication Date | April 2018 |
Content Type | Textbook | Monograph |
In this report Mark Nevin proposed a Stabilisation Fund for the Eurozone to insure against asymmetric economic shocks. Under the paper's proposals, payments into and out of the Stabilisation Fund would be based on national economic performance relative to each country’s potential growth rate. This would encourage and support reforms to boost growth, rather than create 'moral hazard' by rewarding persistently poor performers. |
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Source Link | Link to Main Source http://fedtrust.co.uk/our-work-on-europe/eurozone-stabilisation-fund-revisited/ |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |