From Reform to Growth

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From Reform to Growth is written by Vít Novotný and published by Eburon Uitgeverij B.V.. It's available with International Standard Book Number or ISBN identification 9059727517 (ISBN 10) and 9789059727519 (ISBN 13).

The global economic crisis that began in 2007 has posed huge challenges for European citizens and governments. The crisis has shown that the financial sector has not been adequately regulated and supervised, that governments and individuals have overspent, and that European economies are suffering from structural problems. This book, a collaboration between the Centre for European Studies and its member foundations, assesses government responses to the crisis at the national, EU and regional levels, and also offers policy recommendations. Governments should work with one another and with EU institutions to improve bank supervision and regulatory mechanisms. They should undertake fiscal consolidation measures, bearing in mind that government deficits and debt incur costs that burden future generations. Finally, they should undertake structural reforms such as creating flexible labour markets, increasing the retirement age and shaping efficient public institutions.