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Finance and Industrial PolicyBeyond Financial Regulation in Europe$
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Giovanni Cozzi, Susan Newman, and Jan Toporowski

Print publication date: 2016

Print ISBN-13: 9780198744504

Published to Oxford Scholarship Online: April 2016

DOI: 10.1093/acprof:oso/9780198744504.001.0001

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Finance and Investment in the Eurozone

Finance and Investment in the Eurozone

(p.167) 11 Finance and Investment in the Eurozone
Finance and Industrial Policy

Giovanni Cozzi

Oxford University Press

This chapter reviews some of the core constraints that have developed in the Eurozone on investment and growth as a result of the shift towards economic liberalism. The chapter also advances some alternative policies for promoting growth and investment. The chapter starts with a review of the impact of financial liberalization on investment and growth in the Eurozone and of the Eurozone fiscal policy stance on investment and growth. In light of this background, Cozzi puts forward some progressive economic policies for growth and investment in the Eurozone.

Keywords:   investment, fiscal policy, Eurozone, financial liberalization, financial crisis

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