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Record Nr. |
UNINA9910969512303321 |
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Titolo |
Special report |
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Pubbl/distr/stampa |
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Washington, D.C., : Peterson Institute for International Economics, 2012 |
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ISBN |
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9786613718556 |
9781280877247 |
1280877243 |
9780881326505 |
088132650X |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (382 p.) |
1 online resource |
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Collana |
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Peterson institute for international economics ; ; special report 22 |
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Altri autori (Persone) |
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KirkegaardJacob F |
VéronNicolas |
WolffGuntram |
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Disciplina |
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Soggetti |
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Aerial Views |
Beaches |
Castle Island, Boston (Mass.) |
Columbus Park, Boston (Mass.) |
Land Use and Open Space |
Mt. Hope Cemetery (Boston, Mass.) |
Open Space |
Parks |
Plans |
Playgrounds |
Square |
Zoos |
United States Foreign economic relations European Union countries |
European Union countries Foreign economic relations United States |
European Union countries Economic policy 21st century |
United States Economic policy 21st century |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Nota di contenuto |
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""Cover ""; ""Contents ""; ""Preface""; ""Introduction""; ""I. 2010 Policy Conference, Washington, DC""; ""Ch 1. Postcrisis EU Governance""; ""Ch 2. From Convoy to Parting Ways?: Postcrisis Divergence Between European and US Macroeconomic Policies""; ""Economic Developments""; ""Monetary Policy""; ""Fiscal Policy""; ""Events, Politics, Doctrines, or Institutions? Summary of Findings""; ""How Transatlantic Divergence Matters""; ""References""; ""Ch 3. US Climate Change Policy: Implementing the Copenhagen Accord and Beyond""; ""Copenhagen Pledges and Abatement Costs"" |
""Prospects for Action in the United States""""Implications for US-EU Cooperation""; ""Appendix 3A US Regional Climate Initiatives""; ""Regional Greenhouse Gas Initiative""; ""Western Climate Initiative""; ""Midwestern Greenhouse Gas Reduction Accord""; ""References""; ""Ch 4. EU Climate Change Policy: Can It Mobilize Innovations for Clean Energy Technologies?""; ""EU Climate Change Policy Beyond 20 Percent""; ""Assessing the Current Performance of Private Green Innovations""; ""Government Intervention for Green Innovations""; ""A New Momentum for Europe in Clean Energy Technologies?"" |
""Toward a Global Clean Energy Technology Market""""References""; ""Ch 5. The Transatlantic Relationship in an Era of Growing Economic Multipolarity""; ""Achievements So Far""; ""Addressing “Too Big to Fail�""; ""Conclusion""; ""Ch 6. Too Big to Fail: The Transatlantic Debate""; ""Historical Background, Before and During the Crisis""; ""Structural Differences Between the United States and European Union""; ""The “Bigness� Debate: Size, Interconnectedness, and Systemic Importance""; ""The “Failability� Debate: Allowing Banks to Go Under?""; ""Concluding Remarks""; ""References"" |
""Ch 7. Reform of the GlobalFinancial Architecture""""Global Financial Systemic Issues Revealed by the Crisis""; ""The IMF and FSB Today""; ""Implications for the Global Financial Architecture""; ""Conclusions and Recommendations""; ""References""; ""II. 2011 Policy Conference, Berlin""; ""Ch 8. Transatlantic Relations and Globalization in Time of Crisis?""; ""References""; ""Ch 9. The International Monetary System at a Crossroads: Opportunities and Risks for the Euro""; ""IMS and the Crisis""; ""Realistic Options for the Foreseeable Future""; ""A Key Question: The Role of China"" |
""Opportunities for Europe""""Conclusions""; ""References""; ""Ch 10. European Monetary Unification: Precocious or Premature?""; ""Previous Studies""; ""A Fresh Look""; ""Conclusion""; ""References""; ""Ch 11. Europe�s Growth Emergency""; ""Why Growth Is So Important""; ""Developments During the Crisis""; ""Conclusions""; ""Appendix 11A: Country Groups""; ""References""; ""Ch 12. Challenges to Economic Recovery in the United States and Europe""; ""Recent Histories of Comparatively Sluggish Economic Growth""; ""Medium-Term Prospects for the US Economy"" |
""Medium-Term Growth Prospects for Western Europe"" |
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Sommario/riassunto |
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Shifts in global economic dominance are by nature tectonic and never precipitated by single events. The Great Recession of 2008-09, however, has presented the European Union, its common currency the euro, and the United States with new global challenges. The transatlantic partnership has dominated the world economy since the early 20th century and, based upon US and European values and interests, has designed and sustained all its principal global political and economic institutions. But countries outside the European Union and United States now account for about half of the world economy, and in the aftermath of the Great Recession their share is growing rapidly. Hence their increasing role and concomitant demands for greater influence over global economic governance pose a series of |
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challenges and opportunities to the European Union and the United States, as illustrated by the eclipse of the G-8 by the G-20. The contributions in this volume by subject area experts from the Peterson Institute for International Economics and Bruegel ponder how or whether the rise of outside actors of potentially equal, or even greater, economic weight will invariably force a rethinking of not only how the European Union and the United States should conduct policy externally towards the new rising economic poles, but also of the substantive contents of the EU-US bilateral economic and political relationship. |
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