NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Coordination in the European Union

Martin Feldstein

NBER Working Paper No. 18672
Issued in January 2013
NBER Program(s):International Finance and Macroeconomics, International Trade and Investment

This paper examines the sources of current conflict within the EU and the EMU. The topics discussed include the recent ECB policy of bond buying (the OMT policy), the attempts to advance the "European Project" of stronger political union (the fiscal compact, the banking union, and the proposals for budget supervision). Contrary to the claims of the European leadership, the progress that has been made has been by individual countries and not by coordinated action. The special problems of France and Britain are also discussed.

download in pdf format
   (399 K)

email paper

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w18672

Published: Martin Feldstein, 2013. "Coordination in the European Union," Journal of Policy Modeling, vol 35(3), pages 434-439.

Users who downloaded this paper also downloaded* these:
Goldstein and Razin w18670 Three Branches of Theories of Financial Crises
Frankel and Schreger w18283 Over-optimistic Official Forecasts in the Eurozone and Fiscal Rules
Bordo, Markiewicz, and Jonung w17380 A Fiscal Union for the Euro: Some Lessons from History
Feldstein w17617 The Euro and European Economic Conditions
Jeanne and Korinek w18675 Macroprudential Regulation Versus Mopping Up After the Crash
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us