Restoring Europe's Prosperity is the first annual produced by the Centre for European Policy Studies (CEPS), an independent research institution which focuses on the major medium- and long-term issues facing the European community and Western Europe both internally and internationally.
The most important economic problems of past years have concerned unemployment, economic growth, fiscal deficits, and the value of the US dollar. It is clear that past and present economic policies have not effectively addressed these problems. This CEPS annual selects the best work of the Centre's Macroeconomic Policy Group; a rotating group of distinguished economists who are studying macroeconomic conditions and trends, the implications of the economic policies being pursued, and possible alternative policies.
About the Editor
Olivier J. Blanchard is Economic Counselor and Director of the Research Department at the International Monetary Fund. He is the author of Macroeconomics, among other books, and coauthor of Lectures on Macroeconomics (MIT Press).