RECOVERING INVESTMENT, JOBS AND GROWTH IN EUROPE. A PROPOSAL. Policy viewpoint n.9. November 2014
This Economic Policy Viewpoint by Giovanni Cozzi and Stephany Griffith-Jones highlights two promising paths to use limited public resources to finance the 300 billion investment plan proposed by Commissioner Juncker. Further, this brief argues that when the investment plan is accompanied by a more expansionary fiscal stance it could generate up to 5 million jobs across Europe of which 3 million jobs would be in the Eurozone periphery.