Competitive Disinflation: The Mark and Budgetary Politics in Europe

by Jean-Paul Fitoussi, A. B. Atkinson, O. Blanchard

This is the first in a series of annual reports on European economic developments by an international panel of distinguished economists, writing accessibly. Competitive Disinflation addresses one of the main areas of debate concerning economic developments in the extent to which the budgetary policy of national governments is competitive rather than cooperative.
The discussion focuses on three particular cases, French macroeconomic policy since 1987, the reunification of Germany, and constraints imposed on national governments budgetary powers by membership of the EMU.
This is a book about the radical alteration of the environment in which economic policy is formulated, with an analysis of options for action and a consideration of factors limiting the effectiveness of that action. It will be a stimulating read for all those, including students, who have an interest in macroeconomic policy issues in the context of European pressures.

102 pages, Hardcover

First published June 10, 1993

About the author

Is a French economist of Sephardi Jewish descent. He currently is a Professor of Economics at the Institut d'Études Politiques de Paris, where he has taught since 1982. Fitoussi served as President of the Observatoire Français des Conjonctures Econoniques, an institute dedicated to economic research and forecasting, from 1989 to 2010.
His research interests includes inflation, unemployment, and the role of macroeconomic policy.
Starting from academic year 2010/11, he will teach in the first English taught Master Degree Course in International Relations at LUISS.