How to finance cohesion in Europe?

著者

書誌事項

How to finance cohesion in Europe?

edited by Ewald Nowotny, Doris Ritzberger-Grünwald, Helene Schuberth

E. Elgar, c2019

  • : cased

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注記

"Published in association with Oesterreichiesche Nationalbank, Austria"

Includes bibliographical references and index

内容説明・目次

内容説明

How can financial flows help the EU fulfil its mandate to promote economic, social and territorial cohesion, and solidarity among Member States enshrined in the EU Treaty? Dissecting the complexity of cohesion, this book examines the factors that matter most for the functioning of the Economic and Monetary Union and the convergence of Central, Eastern and Southeastern European (CESEE) countries. This insightful and timely book brings together central bankers, policy makers and academics to discuss how to best advance and fund the catching-up process of the euro area and CESEE countries. Focusing on a modern understanding of industrial policy - which fosters skills, innovation and infrastructure - contributors highlight how the EU's regional policy can better meet persistent investments needs. Critical and comprehensive, this book is crucial reading for researchers at all levels focusing on policy reform in emerging European economies. Central bankers and policy experts in public or international organizations will also benefit from this book's contemporary perspective on monetary and industrial policies.

目次

Contents: PART I Financing economic and social cohesion 1. Funding European solidarity Ewald Nowotny, Doris Ritzberger-Grunwald, Helene Schuberth 2. The role of the European Union in fostering convergence Benoit Coeure PART II The role of monetary policy in catching-up 3. Monetary policy and catching-up in CESEE Anita Angelovska Bezhoska 4. Some considerations about the impact of monetary policy on economic convergence Mugur Isarescu 5. Nominal versus real convergence: Bulgaria's practical approach toward euro adoption Dimitar Radev PART III Cohesion within and between countries 6. Strengthening economic convergence in Europe Jeffrey D. Sachs 7. Trust and cohesion in Europe: lessons from the Delian League Athanasios Orphanides PART IV The role of the EU budget 8. The next EU budget and the financing of cohesion policy Sandor Richter 9. Strengthening added value and sustainability-orientation in the EU budget Margit Schratzenstaller-Altzinger 10. EU budget: How to deliver more with less? The case for financial instruments Stephane Saurel PART V Industrial policy and investment 11. Deindustrialization, job polarization and ageing in emerging Europe Ralph De Haas, Martin Hoeflmayr 12. Mind the gap: How does the flow of EU funds match structural investment gaps in CESEE? Tomas Slacik 13. Improving host countries' investment environment: Is the national supply side really the right focus? Andrew Watt Index

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