Cesaratto e Zezza sull'euro

Dalla buonista ed europeista Social Europe un e-book con un contributo con Gennaro Zezza (free download). Un mio commento critico sul convegno che fu alla base del libro è qui http://politicaeconomiablog.blogspot.com/2018/06/cronache-dal-workshop-di-berlino.html

STILL TIME TO SAVE
THE EURO
A NEW AGENDA FOR GROWTH AND JOBS
WITH A FOCUS ON THE EURO AREA’S FOUR
LARGEST COUNTRIES

Edited by
HANSJÖRG HERR, JAN PRIEWE AND
ANDREW WATT




https://www.socialeurope.eu/book/still-time-to-save-the-euro


Dall'introduzione dei curatori: In June 2018, the editors of this book organised a workshop on “Twin Reforms in the Euro Area – Structural Reforms in Member States and the Design of the Monetary Union”.1 We intended to identify “structural reforms” necessary in selected Member States (MS) of the European Monetary Union (EMU) – mainly the four large EMU economies – in a more concrete manner than how the term is used in the predominant terminology where the focus is mostly on cutting budget deficits and liberalising labour, goods and services markets.
Such structural reforms should be put in the context of reforming EMU’s design which is widely agreed to be incomplete, despite the reforms that have taken place since 2011 in the aftermath of the
global financial crisis. The search for the two layers of structural reforms, in MS and at EMU level, includes taking stock of reforms that have already started and identifying reform areas that are either
under debate or not even addressed as key issues in policy-making. Our debates include institutional and constitutional reforms of the European Union (EU) and EMU itself. The results of our analyses
are presented in this book. All authors aim to write intelligibly for non-professional readers as well, thus refraining from technical analyses but pointing to them in the references.



CONTENTS
About the editors and authors v
1. Hansjörg Herr, Jan Priewe, Andrew Watt: Introduction
– reforms of the euro area and development of its four
largest economies 1
2. László Andor: EMU deepening in question 17
3. Jérôme Creel: Macron’s reforms in France and Europe:
a critical review 32
4. Sergio Cesaratto and Gennaro Zezza: What went
wrong with Italy and what the country should fight for
in Europe 47
5. Jorge Uxó, Nacho Álvarez and Eladio Febrero: The
rhetoric of structural reforms: why Spain is not a good
example of “successful” European economic policies. 62
6. Jan Priewe: Germany’s current account surplus – a
grave macroeconomic disequilibrium 81
7. Hansjörg Herr, Martina Metzger, Zeynep Nettekoven:
Financial Market Regulation and Macroprudential
Supervision in EMU – Insufficient Steps in the Right
Direction 103
8. Jörg Bibow: New Rules for Fiscal Policy in the Euro
Area 123
9. Sebastian Dullien: Macron’s proposals for euro area
reform and euro-area vulnerabilities: A systematic
analysis 145
10. Annamaria Simonazzi, Giuseppe Celi, Dario
Guarascio: Developmental industrial policies for
convergence within the European Monetary Union 162
11. Marianne Paasi: Challenges of EU innovation policy –
Research & Development in a changing post-crisis
world 184
12. Christian Calliess: Better Governance in the Euro Area 206
13. Agnès Bénassy-Quéré et al.: How to reconcile risk
sharing and market discipline in the euro area 225
14. Peter Bofinger: No deal is better than a bad deal 232
15. Hansjörg Herr, Jan Priewe and Andrew Watt:
Conclusions: euro area reforms – the ways ahead 243
Notes 265