Jean Pisani-Ferry, Jeromin Zettelmeyer, 18 June 2019

The 2017 proposals for euro area reform by a group of seven French and seven German economists triggered a considerable response, much of which featured in a dedicated debate here on Vox. This column introduces an eBook that brings together a selection of these contributions, and in doing so offers a comprehensive, state-of-the art, and accessible overview of the current discussion on euro area reforms.

Agnès Bénassy-Quéré, Markus K Brunnermeier, Henrik Enderlein, Emmanuel Farhi, Marcel Fratzscher, Clemens Fuest, Pierre-Olivier Gourinchas, Philippe Martin, Jean Pisani-Ferry, Hélène Rey, Isabel Schnabel, Nicolas Véron, Beatrice Weder di Mauro, Jeromin Zettelmeyer, 02 May 2019

In January 2018, CEPR published a Policy Insight recommending euro area reforms which received broad support as well as some criticism. In this column, the authors argue that the problems that prompted their paper are still there, new problems are on the horizon, and the current state of the policy conversation on euro area reform is disappointing. They also identify priorities that should be at the centre of discussions on reform.

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