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Two years after Mario Draghi’s ‘whatever it takes’ moment, the Eurozone is once again staring into the abyss

Hancké, Bob (2014) Two years after Mario Draghi’s ‘whatever it takes’ moment, the Eurozone is once again staring into the abyss. LSE European Politics and Policy (EUROPP) Blog (21 Oct 2014). Website.

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Abstract

Growth in the Eurozone has declined significantly over recent months, raising fears that Europe could be heading toward another economic crisis. Bob Hancké writes on what it would take to generate growth in Eurozone states. He argues that the best – and possibly only – option for European governments is to adopt a strategy of public investment in infrastructure, human capital, public health and welfare. Crucially, there should be a balance between fiscal expansion and fiscal consolidation policies based on the state of individual economies, not on the blind application of one or the other principle across the entirety of the single currency area.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/
Additional Information: © 2014 The Author(s); Online
Divisions: European Institute
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JN Political institutions (Europe)
Sets: Collections > LSE European Politics and Policy (EUROPP) Blog
Departments > European Institute
Date Deposited: 30 Mar 2017 11:22
Last Modified: 04 Aug 2020 23:14
URI: http://eprints.lse.ac.uk/id/eprint/71688

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