Bulletin n. 1/2009
July 2009
CONTENTS
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
    • Katainen Jyrki
    Bringing economic growth back to the European Union
    in European View , vol. 8, n. 1, June ,  2009 ,  47-52
    Festering for a long time now, the financial collapse being witnessed has proven more problematic than any crisis in the past. The global financial meltdown has affected and continues to affect the livelihood of almost everyone in an increasingly interconnected world. Institutions have collapsed, stock markets have plummeted and governments in even the wealthiest nations have been forced to bail out their financial systems. The author compares Finland’s economic crisis of the 1990s with that which is sending countries into disarray on a worldwide level today and establishes the reasons and possible solutions for this recession. He notes how fiscal and monetary policy measures alone cannot build a bridge over this severe recession. Moreover, he concludes by stressing that this crisis must be addressed alongside and not to the exclusion of other problems, underlining the importance of strengthening supervisory frameworks at a global and, more precisely, at EU level.
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