S3 Ep54: Europe should throw out its fiscal rulebook

The EU's increasingly complex system of fiscal rules should be replaced by a system of fiscal standards instead, Olivier Blanchard tells Tim Phillips. You can watch the recording of Olivier presenting his paper on Fiscal Standards for Europe at the 72nd Economic Policy Journal Panel Meeting here The full paper, Redesigning the EU Fiscal Rules: From Rules to Standards by Olivier Blanchard, Alvaro Leandro and Jeromin Zettelmeyer, can be downloaded here