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A Eurozone-wide IMF programme could save both

Kapoor, Sony (2013) A Eurozone-wide IMF programme could save both. LSE European Politics and Policy (EUROPP) Blog (24 Jul 2013). Website.

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Abstract

In past decades, the International Monetary Fund has had a potent reputation, especially in the developing world. In its programmes in Europe, however, the IMF has had to take a back seat to the desires of the European Commission and the European Central Bank, whose policies have thus far been less than successful. In light of this, Sony Kapoor makes the case for a eurozone-wide IMF programme, which would move away from the current piecemeal solutions focused on the economies of Europe’s periphery. He argues that a successful Eurozone-wide IMF programme would deliver a more symmetric method of restoring competitiveness, an EU-wide approach to stabilising the banking system, a greater focus on restoring aggregate demand, a deepening of the single market and a credible road map for the Eurozone.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2013 The Author(s)
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JC Political theory
J Political Science > JN Political institutions (Europe)
Date Deposited: 05 Apr 2017 09:05
Last Modified: 13 Sep 2024 18:44
URI: http://eprints.lse.ac.uk/id/eprint/72503

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