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Europe

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European Union

Essential Reading Items

Policy Brief 09-13: A Solution for Europe's Banking Problem
by Adam S. Posen, Peterson Institute for International Economics
and Nicolas Véron, Bruegel
June 2009

Book: Transforming the European Economy
by Martin Neil Baily and Jacob Funk Kirkegaard
September 2004

Op-ed: The Follies of Federalism
by Adam S. Posen, Peterson Institute for International Economics
Op-ed in Welt am Sonntag
August 5, 2007

Op-ed: Liberalism Needs Central Power
by Adam S. Posen, Peterson Institute for International Economics
Op-ed in the Financial Times
July 4, 2007


Policy Briefs

09-13: A Solution for Europe's Banking Problem [pdf]
by Adam S. Posen, Peterson Institute for International Economics
and Nicolas Véron, Bruegel
June 2009

09-10: 2009 Estimates of Fundamental Equilibrium Exchange Rates [pdf]
by William R. Cline, Peterson Institute for International Economics
and John Williamson, Peterson Institute for International Economics
June 2009

09-1: Did Reagan Rule In Vain? A Closer Look at True Expenditure Levels in the United States and Europe [pdf]
by Jacob Funk Kirkegaard, Peterson Institute for International Economics
January 2009

06-1: The United States Needs German Economic Leadership [pdf]
by Adam S. Posen, Peterson Institute for International Economics
January 2006

03-9: EU Accession and the Euro: Close Together or Far Apart? [pdf]
by Peter B. Kenen, Princeton University
and Ellen E. Meade, London School of Economics
October 2003

01-6: Prospects for Transatlantic Competition Policy
by Mario Monti, Peterson Institute for International Economics
May 2001

98-6: The Transatlantic Economic Partnership
by Ellen L. Frost, Peterson Institute for International Economics
September 1998

98-3: Exchange Rates for the Dollar, Yen, and Euro [pdf]
by Simon Wren-Lewis, University of Exeter
July 1998


Working Papers

06-6: Has EMU Had Any Impact on the Degree of Wage Restraint? [pdf]
by Adam S. Posen, Peterson Institute for International Economics
and Daniel Popov Gould, Peterson Institute for International Economics
August 2006

06-2: The Case for an International Reserve Diversification Standard [pdf]
by Edwin M. Truman, Peterson Institute for International Economics
and Anna Wong, Peterson Institute for International Economics
May 2006

05-1: Outsourcing and Offshoring: Pushing the European Model Over the Hill, Rather Than Off the Cliff! [pdf]
by Jacob Funk Kirkegaard, Peterson Institute for International Economics
March 2005

01-1: Price Level Convergence and Inflation in Europe [pdf]
by John H. Rogers, Federal Reserve Board
and Gary Clyde Hufbauer, Peterson Institute for International Economics
and Erika Wada, Peterson Institute for International Economics
January 2001

99-5: Why EMU is Irrelevant for the German Economy
by Adam S. Posen, Peterson Institute for International Economics

97-4: Lessons from the Bundesbank on the Occasion of Its 40th (and Second to Last?) Birthday
by Adam S. Posen, Peterson Institute for International Economics

SPECIAL: Globalization and Productivity in the United States and Germany [pdf]
by Catherine L. Mann, Peterson Institute for International Economics
International Finance Discussion Paper Number 595 for the Board of Governors of the Federal Reserve System


Speeches, Testimony, Papers

America, Europe, and the New Trade Order [pdf]
by Jeffrey J. Schott, Peterson Institute for International Economics
Article in Business and Politics (Berkeley Electronic Press), Vol. 11 : 3
November 2009

Global Economic Prospects as of September 2009: Onward to Global Recovery [pdf]
by Michael Mussa, Peterson Institute for International Economics
Paper presented at the sixteenth Global Economic Prospects meeting held at the Peterson Institute, Washington, DC
September 17, 2009

Economic Recovery in Europe? [pdf]
by Michael Mussa, Peterson Institute for International Economics
Transcript from Peterson Perspectives: Interviews on Current Issues
August 18, 2009

World Recession and Recovery: A V or an L? [pdf]
by Michael Mussa, Peterson Institute for International Economics
Paper presented at the fifteenth semiannual meeting on Global Economic Prospects
April 7, 2009

Challenges and Opportunities in Times of Economic Turmoil
by Karl-Theodor zu Guttenberg, German Minister of Economics and Technology
Prepared remarks presented at a meeting hosted by the Peterson Institute for International Economics and the Hanns Seidel Foundation and the Representative of German Industry and Trade
March 17, 2009

A Hypothetical History: Had Britain Entered EMU [pdf]
by John Williamson, Peterson Institute for International Economics
Essay prepared for publication in the Sutherland report on British membership of the euro
January 2009

Role for the Euro in the Global Economy
by Joaquín Almunia, European Commission for Economic and Monetary Affairs
Prepared remarks delivered at the Fifth Whitman Lecture
April 11, 2008

How the US Middle Class Became 10 Percent Poorer
by Jacob Funk Kirkegaard, Peterson Institute for International Economics
Article in The Globalist
August 1, 2007

Growth in the Eurozone: Cyclical Upswing or Structural Improvement? [pdf]
by Martin Neil Baily, Peterson Institute for International Economics
and Jacob Funk Kirkegaard, Peterson Institute for International Economics
Presentation to the Lisbon Council
Brussels, Belgium
June 4, 2007

Does Europe Have an Economic Future?
by Mario Monti, President, Bocconi University
Fifth Annual Stavros S. Niarchos Lecture at the Institute for International Economics
May 8, 2006

Global Economic Prospects 2006/2007: Continued Solid Growth in 2006, Rising Risks for Inflation, Financial Markets, and Growth for 2007 [pdf]
by Michael Mussa, Peterson Institute for International Economics
Presentation at the ninth semiannual meeting on Global Economic Prospects
Institute for International Economics
Washington, DC
April 11, 2006

Breaking Down Barriers to Growth [pdf]
by Martin Neil Baily, Peterson Institute for International Economics
and Diana Farrell, McKinsey Global Institute
Article in Finance & Development
March 2006

European Economic Outlook [pdf]
by Adam S. Posen, Peterson Institute for International Economics
Presentation at the eighth semiannual meeting on “Global Economic Prospects”
September 14, 2005

German Experience with Fiscal Rules: Lessons for the US Budget Process [pdf]
by Adam S. Posen, Peterson Institute for International Economics
Testimony before the House Subcommittee on Legislative and Budget Process Committee on Rules
July 27, 2005

After "Non" and "Nee": Plans B, C, and D for the European Constitution [pdf]
by Daniel Popov Gould, Peterson Institute for International Economics
June 1, 2005

Global Economic Prospects: Slower But Still Solid Growth in 2005; Worries About Growth and Inflation for 2006 [pdf]
by Michael Mussa, Peterson Institute for International Economics
Presentation at the seventh semiannual meeting on Global Economic Prospects
Institute for International Economics
Washington, DC
April 7, 2005

A Revived Bretton Woods System? Implications for Europe and the United States
by Edwin M. Truman, Peterson Institute for International Economics
Speech at the conference "Revived Bretton Woods System: A New Paradigm for Asian Development?"
Federal Reserve Bank of San Francisco
February 4, 2005

Global Economic Prospects: On Track for Strong Growth in 2004 But Worries About 2005
by Michael Mussa, Peterson Institute for International Economics
Paper presented at the sixth semiannual meeting on Global Economic Prospects,
Institute for International Economics
Washington, DC
September 15, 2004

The US Current Account Deficit and the Euro Area
by Edwin M. Truman, Peterson Institute for International Economics
Speech prepared for "The ECB and Its Watchers VI" Conference
Frankfurt, Germany
July 2, 2004

The G-2: A New Conceptual Basis and Operating Modality for Transatlantic Economic Relations [pdf]
by C. Fred Bergsten, Peterson Institute for International Economics
and Caio Koch-Weser, Deputy Minister of Finance, Germany
Paper published in From Alliance to Coalitions—The Future of Transatlantic Relations
April 2004

A Glum Scenario—If... [pdf]
by Adam S. Posen, Peterson Institute for International Economics
Article in Transatlantic Internationale Politik
March 2004

Should G7 Policy Coordination Be Revived?
by C. Fred Bergsten, Peterson Institute for International Economics
Article published in The International Economy, Fall 2003
November 24, 2003

Germany and the Eurozone Outlook: Improvements for the Medium Term Little Immediate Help [pdf]
by Adam S. Posen, Peterson Institute for International Economics
Presentation at the Global Economic Prospects conference
Institute for International Economics
Washington, DC
September 9, 2003

Restoring G-8 Leadership to the World Economy [pdf]
by the Shadow G-8
May 2003

The Year in Review: A Turning Point? [pdf]
by Martin Neil Baily, Peterson Institute for International Economics
Paper for the Global Competitiveness Report
February 2003

Economic Policy and Exchange Rate Regimes: What Have We Learned in the Ten Years since Black Wednesday?
by Edwin M. Truman, Peterson Institute for International Economics
Speech at the European Monetary Symposium
London School of Economics
London, England
September 16, 2002

The Euro Versus the Dollar: Will there Be a Struggle for Dominance? [pdf]
by C. Fred Bergsten, Peterson Institute for International Economics
Presented to a roundtable at the annual meeting of the American Economic Association
Atlanta, Georgia
January 4, 2002

World Trade and Transatlantic Relations
by Adam S. Posen, Peterson Institute for International Economics
American-German Biennial Conference
Toward A New Transatlantic Agenda
Alexandria, Virginia
June 14-16, 2001

How Fast Will the New Economy Reach Europe?
by Gary Clyde Hufbauer, Peterson Institute for International Economics
and Hyun Koo Cho, Peterson Institute for International Economics
September 14, 2000

The Coming Rise of the Euro
by C. Fred Bergsten, Peterson Institute for International Economics
Speech given before the World Economic Forum
Davos, Switzerland
January 28, 2000

On the Causes of the US Current Account Deficit
by Catherine L. Mann, Peterson Institute for International Economics
Briefing for the Trade Deficit Review Commission
August 19, 1999

America and Europe: Clash of the Titans?
by C. Fred Bergsten, Peterson Institute for International Economics
Article reprinted from Foreign Affairs
(volume 78, number 2)
March-April 1999

Europe's Monetary Union, the United States and International Cooperation
by C. Randall Henning, Peterson Institute for International Economics
Testimony before the Subcommittee on Domestic and International Monetary Policy
Committee on Banking and Financial Services
United States House of Representatives
Washington, DC
April 18, 1998

Agreement Without Convergence: Some Guidelines for Transatlantic Economic Relations
by Adam S. Posen, Peterson Institute for International Economics
Remarks given on the Economics Panel Conference on "What Should We Do for the Relationship with America?"
Social Democratic Party of Germany
Berlin, Germany
January 19, 1998

American Interests and Europe's Monetary Union
by C. Randall Henning, Peterson Institute for International Economics
Testimony before the Committee on Budget
United States Senate
Washington, DC
October 21, 1997

Transatlantic Trade: Towards a North Atlantic Economic Community
by Ellen L. Frost, Peterson Institute for International Economics
Testimony before the Subcommittee on Trade Committee on Ways and Means
United States House of Representatives
Washington, DC
July 23, 1997

The Dollar and the Euro
by C. Fred Bergsten, Peterson Institute for International Economics
Reprinted from Foreign Affairs
July-August 1997


Op-eds

European Banking Needs a State-Led Triage Body
by Adam S. Posen, Peterson Institute for International Economics
and Nicolas Véron, Bruegel
Op-ed in the Financial Times
July 2, 2009

It's Still Coming
by Adam S. Posen, Peterson Institute for International Economics
Column for the Eurointelligence Syndicate
June 5, 2009

Will the Real Gazprom CEO Please Stand Up
by Anders Aslund, Peterson Institute for International Economics
Op-ed in the Moscow Times
January 28, 2009

Tymoshenko Government Off to a Promising, Ambitious Start
by Anders Aslund, Peterson Institute for International Economics
Op-ed in the Kyiv Post
February 7, 2008

Structure Makes the Central Banker
by Adam S. Posen, Peterson Institute for International Economics
Op-ed in Welt am Sonntag
August 26, 2007

The Follies of Federalism
by Adam S. Posen, Peterson Institute for International Economics
Op-ed in Welt am Sonntag
August 5, 2007

Liberalism Needs Central Power
by Adam S. Posen, Peterson Institute for International Economics
Op-ed in the Financial Times
July 4, 2007

Making Transatlantic Progress After Germany’s Summits
by Adam S. Posen, Peterson Institute for International Economics
Op-ed in Welt am Sonntag
June 19, 2007

Batten Down the Hatches in Case the Economic Storm Hits
by Adam S. Posen, Peterson Institute for International Economics
Op-ed in the Financial Times
December 28, 2005

Look Further than Trade to Save Doha
by C. Fred Bergsten, Peterson Institute for International Economics
Op-ed in the Financial Times
December 9, 2005

How Europe's Regulations Hold It Back
by Martin Neil Baily, Peterson Institute for International Economics
and Diana Farrell, McKinsey Global Institute
Op-ed in the Financial Times
October 18, 2005

Europe Must Again Confront the Forces of Illiberalism
by Adam S. Posen, Peterson Institute for International Economics
Op-ed in the Financial Times
August 2, 2005

Space: The Private Frontier
by Jacob Funk Kirkegaard, Peterson Institute for International Economics
Op-ed in The Wall Street Journal Europe
January 24, 2005

The Landlocked Continent
by Martin Neil Baily, Peterson Institute for International Economics
and Jacob Funk Kirkegaard, Peterson Institute for International Economics
Op-ed in The Wall Street Journal Europe
December 6, 2004

Europe's Route Back to Prosperity
by Martin Neil Baily, Peterson Institute for International Economics
Op-ed in the Financial Times
November 3, 2003

Germany: Getting Better All the Time
by Adam S. Posen, Peterson Institute for International Economics
Op-ed in The International Economy
September 16, 2003

Inflation Must Become Europe's Target
by Edwin M. Truman, Peterson Institute for International Economics
Op-ed in the Financial Times
December 17, 2002

A Competitive Approach to Free Trade
by C. Fred Bergsten, Peterson Institute for International Economics
Op-ed in the Financial Times
December 4, 2002


Books

Russia Balance Sheet, The
by Anders Åslund and Andrew Kuchins
April 2009

Challenges of Globalization: Imbalances and Growth
edited by Anders Åslund and Marek Dabrowski
July 2008

Russia's Capitalist Revolution: Why Market Reform Succeeded and Democracy Failed
by Anders Åslund
October 2007

Transforming the European Economy
by Martin Neil Baily and Jacob Funk Kirkegaard
September 2004

Measuring the Costs of Protection in Europe: European Commercial Policy in the 2000s
by Patrick A. Messerlin
September 2001

Cooperating with Europe's Monetary Union
by C. Randall Henning
May 1997

Currencies and Politics in the United States, Germany, and Japan
by C. Randall Henning
September 1994