Yesterday, Martin Sandbu was banging the drum for more fiscal policy action in Europe: “[The] US stimulus package leaves Europe standing in the dust […] This will hasten Europe’s and the UK’s relative economic decline, especially compared with China.“ Adam Tooze has also been arguing for a bigger fiscal and monetary effort in Europe to
European fiscal complacency
European fiscal complacency
European fiscal complacency
Yesterday, Martin Sandbu was banging the drum for more fiscal policy action in Europe: “[The] US stimulus package leaves Europe standing in the dust […] This will hasten Europe’s and the UK’s relative economic decline, especially compared with China.“ Adam Tooze has also been arguing for a bigger fiscal and monetary effort in Europe to