Designing a new framework for fiscal & monetary policy coordination – Lucrezia Reichlin
Channel: Positive Money Europe
Date: 11/10/2019

Former Director for Research at the ECB and Professor Lucrezia Reichlin says the Eurozone needs a new institutional framework allowing a better coordination of monetary and fiscal policies. "We need to discuss how to design a framework in which the central bank decides how much aggregate demand it wants given its price stability mandate, and where an independent fiscal authority decides about its allocation." Reichlin concludes.

Source: https://www.youtube.com/watch?v=ejVD10UpvYU

--- 
Follow the campaign:
http://positivemoney.eu/
https://www.facebook.com/PositiveMoneyEurope
https://twitter.com/PositiveMoneyEU

Help us caption & translate this video!

https://amara.org/v/BR7fc/