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Hopeful or hopeless? ; Charlemagne
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 402 no. 8769 (Jan. 2012)
,
page 49.
Topik:
International Relations
;
Summit Conferences
;
Economic Policy
;
Politics
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.70
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The buzzword in Brussels these days is "growth". Perhaps the looming recession across much of Europe is concentrating minds. Or leaders may realize that the prospect of years of austerity is stirring bad blood. Unless the debt crisis was resolved and growth recovered, said Christine Lagarde, the IMF's head, Europe and the world risked reverting to the 1930s. At their next summit on January 30th, European Union leaders will solemnly talk of boosting output, tackling youth unemployment, supporting small firms and much else. They might even commit money to job creation, for example by recycling unspent EU funds through the European Investment Bank. Do not be fooled by such pieties. Everybody has different ideas about growth and they often reflect longstanding prejudices. Beyond papering over such disagreements with official verbiage, the main business of the summit will be to push ahead with the "fiscal compact". This requires the signatories to adopt balanced-budget rules.
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