We put a job training and placement system together that eventually included river bank and estuary stabilization, urban forestry, brownfield remediation and green-roof installation.

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Instead of relying on member state contributions, the plan would invite funding from regional entities, including the European Investment Bank and the European Financial Stabilization Mechanism.

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Presented at the Federal Reserve Bank of Kansas City Symposium "Rethinking Stabilization Policy", Jackson Hole, August 2002.

ECONOMIST: Sources and acknowledgments

Dr. Brainard maintains that reform efforts over the past decade in countries like Poland, Hungary, and Yugoslavia have floundered because conventional economic stabilization programs have failed to tackle bank reform.

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" Rethinking Stabilization Policy", a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, August 2002.

ECONOMIST: Sources and acknowledgments