Are we out of the woods? : the new economic policy mix

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dc.contributor.authorGOURINCHAS, Pierre-Olivier
dc.contributor.authorJOHANSSON, Sylvain
dc.contributor.authorZETTELMEYER, Jeromin
dc.contributor.editorCORSETTI, Giancarlo
dc.contributor.editorGIOVANNETTI, Giorgia
dc.contributor.otherPAPAKONSTANTINOU, Georgios
dc.contributor.otherBOONE, Laurence
dc.date.accessioned2024-06-12T09:57:11Z
dc.date.available2024-06-12T09:57:11Z
dc.date.issued2024
dc.descriptionThis contribution was delivered on 24 May 2024 in Badia Fiesolana (EUI) on the occasion of the hybrid 2024 edition of EUI State of the Unionen
dc.description.abstractThis panel will discuss post-inflation crisis economic scenarios from a global and European perspective and reconsider the challenges that these poses to economic policy in Europe. Managing high levels of debt, financing the many “transitions” and the post-war reconstruction(s), and strengthening resilience to tail risk, will require a reconsideration of the mode in which different policy institutions interact, in guaranteeing sustainable growth, stability and inclusiveness. Many factors point to a return of secular stagnation, with low growth and low or negative interest rates. A high level of geopolitical and economic uncertainty in the post COVID-19 world, however, raises the possibility that low growth will coexist with high borrowing costs in many countries. How can Europe improve its capacity to prevent such scenario, while creating the macroeconomic and financial premise for an efficient redirection of its highquality resources towards innovative sectors and exploit the full potential of the single market?en
dc.format.extent00:28:54-01:38:22
dc.identifier.urihttps://hdl.handle.net/1814/76948
dc.language.isoenen
dc.orcid.uploadTRUE*
dc.publisherEuropean University Instituteen
dc.relation.ispartofseriesThe State of the Union Conferenceen
dc.relation.ispartofseries2024en
dc.relation.ispartofseriesShaping Europe’s future through inclusive dialogueen
dc.relation.ispartofseries14th editionen
dc.relation.ispartofseriesParallel Panelen
dc.relation.urihttps://youtu.be/4m9OUSAfBtg?si=4t7sZWV0x0tKvcHN&t=5
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.subjectIndustrial policyen
dc.titleAre we out of the woods? : the new economic policy mixen
dc.typeVideoen
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