{"id":5930,"date":"2013-09-26T12:37:03","date_gmt":"2013-09-26T09:37:03","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=5930"},"modified":"2013-09-26T12:37:03","modified_gmt":"2013-09-26T09:37:03","slug":"does-the-european-semester-deliver-the-right-policy-advice","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/does-the-european-semester-deliver-the-right-policy-advice\/","title":{"rendered":"Does the European Semester deliver the right policy advice?"},"content":{"rendered":"<p>Darvas, Zsolt, Vihri\u00e4l\u00e4, Erkki.<\/p>\n<p>This paper was prepared at the request of the\u00a0Economic and Monetary Affairs Commitee\u00a0of the European Parliament. The July 2013 European Council recommendations to the euro area recognise a number of fiscal and macrostructural challenges, but do not fully exploit the options made possible by the European economic governance framework. There are particular problems with the Council&#8217;s suggestions for the euro area as whole, which are not (or not adequately) reflected by the country-specific recommendations. A major drawback is that the Council recommendations do not give sufficient importance to symmetric intra-euro area adjustments. Reference to the euro area&#8217;s \u2018aggregate fiscal stance\u2019 is empty rhetoric. Insufficient attention is paid to demand management.The most comprehensive recommendations are made on structural reforms.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae:<\/strong> Bruegel<\/p>\n<p><a href=\"http:\/\/www.bruegel.org\/publications\/publication-detail\/publication\/793-does-the-european-semester-deliver-the-right-policy-advice\/\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Darvas, Zsolt, Vihri\u00e4l\u00e4, Erkki. This paper was prepared at the request of the\u00a0Economic and Monetary Affairs Commitee\u00a0of the European Parliament. The July 2013 European Council recommendations to the euro area recognise a number of fiscal and macrostructural challenges, but do not fully exploit the options made possible by the European economic governance framework. There are [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,32,4],"tags":[],"class_list":["post-5930","post","type-post","status-publish","format-standard","hentry","category-19","category-32","category-proposals"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/5930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=5930"}],"version-history":[{"count":2,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/5930\/revisions"}],"predecessor-version":[{"id":5933,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/5930\/revisions\/5933"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=5930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=5930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=5930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}