The Challenge of Economic Rebalancing in Europe: Perspectives for CESEE Countries
Ewald Nowotny · Doris Ritzberger-Grünwald · Helene Schuberth
Sep 2015 · Edward Elgar Publishing
Ebook
264
Pages
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About this ebook
In the long aftermath of the acute global financial crisis of 2008/09, “rebalancing” the economy with new sources of growth and productivity remains a persistent necessity. This book addresses the resulting trade-offs and challenges. These needs, and the corresponding policy challenges, are especially prevalent in Europe, in particular Central, Eastern and South-Eastern Europe. On this issue, this book contributes lessons learned from earlier balance sheet recessions. It also addresses the often overlooked link between macroeconomic imbalances and economic inequality. Further contributions focus on the interaction between monetary policy and financial stability, adding a regional perspective to these important issues.
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