Dollars, euros and debt : how we got into the fiscal crisis and how we get out of it / Vito Tanzi.
Dollars, Euros, and Debt suggests that an increase in public spending is the wrong medicine, because it was precisely the increase in public spending that created some of the structural problems that are now confused with, or have led to, the cyclical slowdowns. The book argues that, over the years,...
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Full Text (via Springer) |
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| Format: | eBook |
| Language: | English |
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Houndmills, Basingstoke, Hampshire :
Palgrave Macmillan,
2013.
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Table of Contents:
- Machine generated contents note: 1. Introduction
- 2. The Crisis and the Calls for Policy Responses
- 3. Central Banks as Lenders of Last Resort
- 4. The Pressures on Germany to Help Save the Euro
- 5. The Fiscal Situation before the Crisis
- 6. The EMU Rules and Goodhart's Law
- 7. On Public Debts, Fiscal Deficits, and the Maastricht Rules
- 8. Fiscal Policy During the Recent Crisis
- 9. Fiscal Policy and the Fiction of Fungible Labor
- 10. The EMU and the USA: What Are the Differences?
- 11. Trade Balances within Monetary Unions
- 12. On Central Banks' Payment Systems within Unions
- 13. Strategies to Get Out of the Fiscal Crisis
- 14. Is There a Fundamental Law of Public Expenditure Growth?
- 15. Concluding Remarks.