How to fix Europe’s monetary union: Views of leading economists
About the contributors
Foreword
Introduction
Richard Baldwin and Francesco Giavazzi
Part 1: Complete reform plans
Minimal conditions for the survival of the euro
Barry Eichengreen and Charles Wyplosz
Maastricht 2.0: Safeguarding the future of the Eurozone
Lars P. Feld, Christoph M. Schmidt, Isabel Schnabel and Volker Wieland
A sovereignless currency
Agnès Bénassy-Quéré
The Eurozone’s Zeno paradox – and how to solve it
Jean Pisani-Ferry
Part 2: Focusing on completing the Banking Union, and financial markets
Completing the Banking Union
Daniel Gros
Safeguarding the euro – balancing market discipline with certainty
Thorsten Beck
The EZ Crisis: What went wrong with the European financial integration?
Sebnem Kalemli-Ozcan
Part 3: Focusing on fiscal and monetary policy
Building common fiscal policy in the Eurozone
Guido Tabellini
Rebooting Europe: Closer fiscal cooperation needed
Christopher Pissarides
How to reboot the Eurozone and ensure its long-term survival
Paul De Grauwe and Yuemei Ji
Policies and institutions for managing the aggregate macroeconomic stance of the Eurozone
Giancarlo Corsetti, Matthew Higgins and Paolo Pesenti
Asymmetries and Eurozone policymaking
Tommaso Monacelli
ECB in Eurozone policymaking: Going forward
Refet S. Gürkaynak
Part 4: Focusing on structural and institutional reform
The Eurozone needs less heterogeneity
André Sapir
Balance-of-payments adjustment in the Eurozone
Stefano Micossi
Needed: A European institutional union
Elias Papaioannou
Part 5: Dealing with legacy debt
The way forward: Coping with the insolvency risk of member states and giving teeth to the European Semester
Peter Bofinger
Epilogue: Future history – how the crisis might have been handled
How the Euro Crisis was successfully resolved
Barry Eichengreen and Charles Wyplosz
