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"RASTANEWS intends to enhance knowledge base, at both theoretical and an applied level, on many aspects of the future of macro-economic and monetary integration in Europe thus paving the way to a revised governance of the EMU, and the EU as a whole, in the wake of the debt crisis. We see three key issues about the working of the EU macro-economy that deserve deeper investigation. The first is th ...

"It is almost a commonplace that macroeconomic policies, if well conducted, are a stability-enhancing device. By providing a non-inflationary environment, they “keep in order” the backstage of a movie in which the actors -- firms and households – determine long run growth by means of saving/investment decisions. In this view aggregate outcomes can be improved upon by means of microeconomic or stru ...