Ending the Euro Crisis?

9 Pages Posted: 20 Jan 2015 Last revised: 2 Feb 2015

See all articles by Martin S. Feldstein

Martin S. Feldstein

National Bureau of Economic Research (NBER) (deceased); Harvard University (deceased)

Date Written: January 2015

Abstract

All of the attempts to end the euro crisis and to return the Eurozone countries to healthy growth rates of income and employment have failed. The options that are currently being discussed are not likely to be more successful.If there is a politically feasible way out of the crisis, it will be through revenue neutral fiscal incentives adopted by the individual Eurozone countries. I describe some of these fiscal options after reviewing the history of failed attempts and the options that are currently on the table.

Suggested Citation

Feldstein, Martin S., Ending the Euro Crisis? (January 2015). NBER Working Paper No. w20862, Available at SSRN: https://ssrn.com/abstract=2551670

Martin S. Feldstein (Contact Author)

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