Structural Reforms for Growth and Cohesion
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Structural Reforms for Growth and Cohesion

Lessons and Challenges for CESEE Countries and a Modern Europe

Edited by Ewald Nowotny, Doris Ritzberger-Grünwald and Helene Schuberth

Effective and well-designed structural reforms are key to shaping Europe’s future in the context of the formidable challenges facing the continent today. This book examines the achievements and failures of past structural policies so that future ones can be adapted to address remaining and newly emerging challenges with greater success. Highlighting the social aspects and distributional effects of reforms that go beyond liberalization and deregulation, the book covers key issues facing future Europe, particularly those arising from technological innovation.
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Chapter 15: Reforms in the EU: the interface of national and Community levels

László Csaba

Abstract

This chapter adds to the broad international academic and policy exchange on the architecture and management of the European Monetary Union. Offering five theses for discussion, the author argues in favour of deep-going structural reforms in the member states that would enable them to enhance their competitiveness and meet the ever stricter set of criteria that emanate both from global financial insecurity and from the adoption of the rules of the Fiscal and Banking Union in 2012.

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