Euro area recovery and reform [What Think Tanks are thinking]

Written by Marcin Grajewski,

The euro area’s economic recovery has gained pace as investor confidence has strengthened. The election of the reform-minded Emmanuel Macron as French President in May reignited the debate on overhauling the euro area’s economic governance.

This note offers links to recent commentaries and studies on the economic situation of the euro area and reform proposals. Earlier papers on the same topic can be found in a previous edition of ‘What Think Tanks are thinking’, published in March 2017.

Euro area governance

Uneven progress in implementing cross-border bank resolution in the EU
Centre for European Policy Studies, July 2017

Are the spending priorities of euro-area countries converging?
Jacques Delors Institute Berlin, June 2017

Eurozone or EU budget? Confronting a complex political question
Bruegel, June 2017

6 years on: Assessing the impact of country specific recommendations
Institute of International and European Affairs, June 2017

Risks and opportunities of establishing a European Monetary Fund based on the European Stability Mechanism
Institut der deutschen Wirtschaft Köln, June 2017

The IMF’s new role in Greece proves its value for Europe and the United States
Peterson Institute for International Economics, June 2017

Governance and ownership of significant euro area banks
Peterson Institute for International Economics, May 2017

We need a European Monetary Fund, but how should it work?
Bruegel, May 2017

A European Monetary Fund?
The Graduate Institute, May 2017

Seizing the moment for euro area reform
Jacques Delors Institute Berlin, May 2017

What could a euro-area finance minister mean?
Bruegel, May 2017

Ordonnances en France et amélioration économique en zone euro : Quels rapports?
Fondation Robert Schuman, May 2017

Managing deep debt crises in the Euro Area: Towards a feasible regime
Peterson Institute for International Economics, May 2017

Governance and ownership of significant Euro Area banks
Peterson Institute for International Economics, May 2017

An evolutionary path towards a European Monetary Fund?
Centre for European Policy Studies, May 2017

Macron, Merkel and the future of the euro
Centre for European Reform, May 2017

The divided Eurozone: Mapping conflicting interests on the reform of the Monetary Union
Friedrich Ebert Stiftung, April 2017

Fiscal rules and other rule-based mechanisms in practice: Introduction to case studies of four Member States
Center for Social and Economic Research, April 2017

The instruments providing macro-financial support to EU member states
Centre for European Policy Studies, March 2017

Completing the Economic and Monetary Union and the pivotal role of Italy
LUISS School of European Political Economy, March 2017

The Euro crisis, economic governance of the eurozone and future integration
Swedish Institute for European Policy Studies, March 2017

Rebalancing the fiscal framework in the European Union: Perspectives of Germany, France and Poland
Polish Institute of International Affairs, March 2017

Other studies:

The Italian banking saga: Symptom of a deeper underlying problem?
Centre for European Policy Studies, July 2017

A European economic miracle?
Peterson Institute for International Economics, June 2017

The Eurozone’s hidden strengths
Centre for European Policy Studies, June 2017

Euro bonhomie
Chatham House, June 2017

Monetary policy normalisation in the US and the euro area
Jacques Delors Institute Berlin, June 2017

Risk-sharing and consumption-smoothing patterns in the US and the euro area: A comprehensive comparison
Centre for European Policy Studies, May 2017

From crisis to cohesion: Restoring growth in Southern Europe
Friedrich Ebert Stiftung, May 2017

How export growth achieved adjustment of massive trade deficits in the euro area
Bruegel, May 2017

Financial systems and income inequality
College of Europe, April 2017

Regional and global financial safety nets: The recent European experience and its implications for regional cooperation in Asia
Bruegel, April 2017

Tackling Europe’s crisis legacy: A comprehensive strategy for bad loans and debt restructuring
Bruegel, April 2017

The European Fund for Strategic Investments as a new type of budgetary instrument
Centre for European Policy Studies, April 2017

Banking leverage procyclicality: A theoretical model introducing currency diversification
Centre d’études prospectives et d’informations internationales, April 2017

Long term growth perspectives in Japan and the euro area
Deutsches Institut für Wirtschaftsforschung, April 2017

Frankfurt, Paris and Dublin: Post-Brexit rivals to the City of London?
Sheffield Political Economy Research Institute, April 2017

Some truths about the euro: The euro, “this wretch, this mangy brute, the source of all misfortune”
Fondation Robert Schuman, April 2017

An effective global partner: External representation of the euro area
European Political Strategy Centre, March 2017

Two sides of the same coin? Independence and accountability of the European Central Bank
Transparency International, March 2017

Carving out legacy assets: A successful tool for bank restructuring?
Centre for European Policy Studies, March 2017

Institutional investors and home bias in Europe’s Capital Markets Union
Bruegel, March 2017

The cost channel effect of monetary transmission: How effective is the ECB’s low interest rate policy for increasing inflation?
Deutsches Institut für Wirtschaftsforschung, March 2017

Charting the future now: European economic growth and its importance to American prosperity
Atlantic Council, March 2017

Credit misallocation during the European financial crisis
LUISS School of European Political Economy, March 2017

Are there common structural determinants of potential output growth in Europe? An empirical exercise for 11 EMU countries
LUISS School of European Political Economy, March 2017