Crisis and Recovery in Emerging Europe: The Policy Response in Retrospect and Challenges Ahead

Jürgen Stark

Chapter 2 in From Crisis to Recovery, 2012, pp 13-21 from Palgrave Macmillan

Abstract: Abstract Over four years ago now, in early October 2007, the European Central Bank (ECB) held a conference on emerging Europe, very similar to the one that we are currently having. On that occasion, I gave a speech, in which I discussed the challenges and policy options for the countries in the Central and Eastern European region. The title of my speech back then started with the question: ‘Fast, but sustainable?’1 Now, that is no longer an open question.

Keywords: Monetary Policy; Euro Area; European Central Bank; Capital Inflow; Fiscal Consolidation (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-03483-0_3

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DOI: 10.1057/9781137034830_3

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