ETUC
31/10/2008

ETUC Autumn 2008 economic report

The ETUC Autumn 2008 report, entitled ’Do not let the economy down’, sketches out the current economic landscape in Europe. It highlights the seriousness of the credit squeeze coming from the most recent turmoil in financial markets, as well as being the result of the actions and non-actions of economic policymakers over the past quarters. The report puts forward a number of lessons to be learned from the Japanese debt deflation process and a new policy mix to save the real economy.

 

The ETUC Autumn 2008 economic report (123Kb PDF) comprises five sections outlining:

  • the bad state in which the real economy finds itself;
  • why the bail-out plans have not been entirely successful in stopping the downward spiral of the real economy;
  • how European policymakers can learn from the Japanese debt deflation process;
  • a new policy mix to save the real economy;
  • how Europe should operate such a new and investment-friendly policy mix.

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Last Modification :November 6 2008.