Same Economic Nightmares, Different Solutions: Transatlantic Approaches to International Macroeconomic Policymaking in the Face of the Crisis
December 20, 2011 Print PDFPolicy Report 48 argues that, in a climate of economic crisis and distress, transatlantic cooperation is still essential and must be expanded, despite current differences in policy. The authors address the differences in the American and European policy responses to the economic crisis, discussing how the current upheaval in the eurozone affects policies within the EU, between the U.S. and EU, and EU positions in international meetings. By addressing the role of the G20 and IMF lending reform, the authors demonstrate that, if we are to reach some form of consensus in the coming years, then transatlantic cooperation will be essential.


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