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International Policy Conclusions

  • Paul J. J. Welfens
Chapter

Abstract

This chapter looks into international policy conclusions where an emphasis is on the US, China and Europe—particularly the EU27 and the UK. Several conclusions are drawn with respect to policy options for the US to reduce income inequality over the medium and long run. Moreover, there are several proposals presented for economic policymakers in order to improve economic stability at the national and international levels. A two-stage efficient rating system for government bonds is one of the key institutional innovations presented. As regards the EU, a series of reforms for a more efficient integration club is developed and thus impulses for institutional learning are offered. Moreover, key sustainability aspects and implications are discussed—more global stability and prosperity could be achieved.

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Paul J. J. Welfens
    • 1
  1. 1.European Institute for International Economic Relations (EIIW)University of WuppertalWuppertalGermany

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