Now available: "Rewriting The Rules of the European Economy"
A report by Joseph E. Stiglitz
Europe today is still in a state of crisis, having experienced stagnation and sluggish growth over the past decade. The further success of the European project depends largely on the overall well-being of European citizens and the place Europe can maintain in a harmonious, globalised world.
In the new FEPS publication, Nobel Laureate Professor Joseph Stiglitz presents in cooperation with a large number of European scholars a different vision of the economic and social policy of European Union. He highlights in a detailed analysis how the rules, institutions and policies need to be rewritten in order to continue the European way in line with the renewal of the vision the EU’s founding fathers had over 60 years ago.
The book develops ideas of a modern European welfare state, addresses the widely known market failures and gives indication of changing the Stability and Growth pact for a true Employment, Stability and Growth initiative.
About the Author
Initiative for Policy Dialogue (IPD)
Joseph E. Stiglitz is President of the Initiative for Policy Dialogue, and Chairman of the Committee on Global Thought at Columbia University. He is University Professor at Columbia, teaching in its Economics Department, its Business School, and its School of International and Public Affairs. He chaired the UN Commission of Experts on Reforms of the International Monetary and Financial System, created in the aftermath of the financial crisis by the President of the General Assembly. He is former Chief Economist and Senior Vice-President of the World Bank and Chairman of President Clinton’s Council of Economic Advisors. He was awarded the Nobel Memorial Prize in Economics in 2001.