How to avert the risk of deflation in Europe: rethinking the policy mix and European economic governance

"This policy brief discusses the risks of deflation for the European economy. It critically evaluates the European economic governance for not having averted this risk and discusses how a more coordinated approach to both fiscal policy and collective wage bargaining, both aiming at national inf...

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Bibliographic Details
Main Author: Theodoropoulou, Sotiria
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Brussels 2015
ETUI
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19108444124919266269-How-to-avert-the-risk-of-defla.htm
Description
Summary:"This policy brief discusses the risks of deflation for the European economy. It critically evaluates the European economic governance for not having averted this risk and discusses how a more coordinated approach to both fiscal policy and collective wage bargaining, both aiming at national inflation targets in the context of macroeconomic dialogue, could help stimulate aggregate demand and move the European economy away from the brink of deflation. "
Physical Description:6 p.
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