Background:
With Europe deep in the midst of an economic downturn, the IMF advocates greater coordination across the Eurozone in order to increase the effectiveness of policy aimed at stimulating a recovery. A simultaneous areawide stimulus is expected to yield stronger growth effects than a stimulus in just one country.
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Associated Readings
Research
Kiel Institute for World Economics
Joachim Scheide
June, 2003
Macroeconomic Policy Coordination in Europe – an Agnostic View
Opinions
European Socialist Group
May 13, 2009
Economic Coordination in Europe
News
EU Observer
Elitasa Vucheva
Oct 16, 2008
Sarkozy urges closer co-ordination of EU economic policies
Analysis
European Parliament
Jean-Paul Fitoussi
2001
The fiscal stance and economic coordination in Europe
Analysis
IMF
Edda Zoli
May 12, 2009
Europe Battles a Deep Recession
Analysis
Th Brookings Institution
Justin Vaisse
May, 2009
Why Europe Will Emerge Stronger from the Economic Crisis
Analysis
IMF
May 12, 2009
Regional Economic Outlook: Europe - Addressing the Crisis
Opinions
VoxEU.org
Alberto Alesina et al
Oct 01, 2008
Open Letter to European leaders on Europe’s banking crisis: A call to action
Analysis
European Parliament
Feb 11, 2009
Economic rescue plans need EU-level coordination
News
EU Observer
Leigh Phillips
Apr 29, 2009
Spain to push for EU economic governance when at presidency helm