Regional recovery in a diverse union
Darby, Julia (2014) Regional recovery in a diverse union. Fraser of Allander Economic Commentary, 37 (3). pp. 81-89. ISSN 2046-5378
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Abstract
This article reviews the diverse state of economic recovery across the Euro area and across the UK. Distinctions are drawn between the experiences within the Euro area, particularly among the high debt countries, and the UK. The focus then turns to whether the ongoing reforms set out in the Four Presidents’ Report “Towards a Genuine Economic and Monetary Union” address the right issues. Turning to the most recent evidence on regional disparities within countries, it is clear that challenges remain, both for the Euro area and the UK. In the case of the UK, recent evidence on regional disparities in house prices present a challenge for the Bank of England and its Financial Policy Committee and are likely to provide a challenge to the use of its macro-prudential policy toolbox in the near future.
ORCID iDs
Darby, Julia ORCID: https://orcid.org/0000-0003-4425-7222;-
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Item type: Article ID code: 47189 Dates: DateEvent13 March 2014PublishedSubjects: Social Sciences > Finance
Social Sciences > Commerce
Social Sciences > Economic TheoryDepartment: Strathclyde Business School > Economics
Strathclyde Business School > Fraser of Allander InstituteDepositing user: Pure Administrator Date deposited: 13 Mar 2014 12:54 Last modified: 31 Oct 2024 01:37 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/47189