This Bruegel Blueprint argues that Europe should take the lead in defining a solution to the problem of excessive public debts and create a European Crisis Resolution Mechanism (ECRM).The authors, Francois Gianviti, Anne O. Krueger, Jean Pisani-Ferry, André Sapir and Jürgen von Hagen, present the rationale for such a mechanism in the euro area and details of how an ECRM would work. The ECRM would be a permanent tool to deal with sovereign debt crises in an effective and predictable way.
“ Jürgen von Hagen, a German citizen, is Bruegel'‘s first Non-resident Senior Fellow. His widely acclaimed work on European integration addresses public finance and political economy…”
“Jean Pisani-Ferry was the first Director of Bruegel from 2005-2013. He is currently the Director of the French Prime Minister’s Economic Policy Planning Staff in Paris and professor of…”
“André Sapir, a Belgian citizen, is Senior Fellow at Bruegel. He is a Professor of Economics at Université Libre de Bruxelles (ULB) and a former…”
“Mr. Gianviti is Professor of the French Universities and former General Counsel of the International Monetary Fund, where he was the Director of the Legal…”
“Anne Krueger is Professor of International Economics at the School for Advanced International Studies, Johns Hopkins University. She is also a Senior Fellow of Center…”
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lwuwuuyrhd 13th December 2011
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Veanna 13th December 2011
Furrealz? That's marveluosly good to know.
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Tim Brunne 3rd May 2011
Thanks
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Margie 13th December 2011
Great insight! That's the answer we've been looknig for.
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