Policy insights

Policy Insights

Policy Insight 61: From vicious to virtuous: A five-point plan for Eurozone restoration

In late 2011, the financial crisis had evolved dangerously into a vicious circle of sluggish growth, tensions in sovereign debt markets, and banking sector fragility. This CEPR Policy Insight looks at what measures are required to turn the economy around.

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Buti, M and P Padoan (2012), Policy Insight 61: From vicious to virtuous: A five-point plan for Eurozone restoration, CEPR Policy Insight No 61, CEPR Press, Paris & London. https://cepr.org/publications/policy-insight-61-vicious-virtuous-five-point-plan-eurozone-restoration