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Den Bann durchbrechen - Wirtschaftspolitische Herausforderungen 2012

Author

Listed:
  • Gustav A. Horn

    (Macroeconomic Policy Institute (IMK))

  • Alexander Herzog-Stein

    (Macroeconomic Policy Institute (IMK))

  • Silke Tober

    (Macroeconomic Policy Institute (IMK))

  • Achim Truger

    (Macroeconomic Policy Institute (IMK))

Abstract

Die alles entscheidende Herausforderung für die Wirtschaftspolitik 2012 ist die Stabilisierung des Euroraums. Die bisherigen Versuche sind unzureichend, insbesondere da ihnen die allzu enge Interpretation als Staatschuldenkrise zu Grunde liegt. Tatsächlich handelt es sich um eine Vertrauenskrise in die Institutionen des Euroraums. Die Zeit drängt, da immer mehr Länder von der Krise erfasst werden, für die der Rettungsschirm nicht groß genug ist. Daher muss schon auf kurze Sicht die EZB stärker intervenieren. Um die Rezession im Euroraum zu mildern, sollten Länder mit Leistungsbilanzüberschüssen bereits in diesem Jahr eine expansive Fiskalpolitik betreiben. Die Staatsschulden der Euroländer sollten zumindest begrenzt gemeinschaftlich garantiert werden. Mittelfristig sollte ein Europäischer Währungsfonds die Überwachung der Leistungsbilanzen sanktionsbewehrt übernehmen.

Suggested Citation

  • Gustav A. Horn & Alexander Herzog-Stein & Silke Tober & Achim Truger, 2012. "Den Bann durchbrechen - Wirtschaftspolitische Herausforderungen 2012," IMK Report 70-2012, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    • Handle: RePEc:imk:report:70-2012
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    References listed on IDEAS

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    Cited by:

    1. Ulrike Stein & Sabine Stephan & Rudolf Zwiener, 2012. "Zu schwache deutsche Arbeitskostenentwicklung belastet Europäische Währungsunion und soziale Sicherung," IMK Report 77-2012, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    2. Gustav A. Horn & Alexander Herzog-Stein & Ansgar Rannenberg & Katja Rietzler & Silke Tober & Rudolf Zwiener, 2014. "Wirtschaftspolitische Herausforderungen 2014," IMK Report 90-2014, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    3. Gustav A. Horn & Alexander Herzog-Stein & Ansgar Rannenberg & Katja Rietzler & Silke Tober & Peter Hohlfeld & Fabian Lindner & Sabine Stephan, 2013. "Krise überwunden? Prognose der wirtschaftlichen Entwicklung 2013/2014," IMK Report 86-2013, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    4. Gustav A. Horn & Sebastian Gechert & Alexander Herzog-Stein & Katja Rietzler & Silke Tober & Sabine Stephan & Andrew Watt, 2013. "Inmitten der Krise des Euroraums - Herausforderungen für die Wirtschaftspolitik 2013," IMK Report 79-2013, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.

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