Documents European Policy Analysis 2 results

"Through learning, policy actors can maintain, reinforce, or revise their beliefs and positions about the design and outcomes of policies. This paper critically analyzes factors influencing policy learning by comparing policy processes of two EU laws of the recent “Fit for 55” climate package: (i) revised provisions on increasing energy efficiency in compa nies included in the recast Energy Efficiency Directive and (ii) the new Fuel EU Maritime regulation provided for decarbonizing maritime shipping. Learning across coalitions with competing beliefs was encountered in the first case but not in the other despite similar institutional settings. The difference is attributed to a more politicized debate on decarbonizing shipping, leading to consensus through bargaining instead of deliberation, and a circumscribed leader of one coalition, with a less flexible negotiation mandate. The paper adds to the theory on policy learning, suggesting that levels of politicization and polarization, as well as the mandates of the coalition leaders, influence cross‐coalition learning."

"This article argues that the incomplete economic and institutional integration of the euro area has exposed the monetary union to increasing economic divergence, which could be deepened by the COVID-19 crisis. We discuss how monetary and fiscal measures implemented at the onset of the pandemic have contributed to mitigate the economic consequences of lockdowns, but provided limited insurance to narrow economic gaps across member countries. However, EU countries agreed on July 21, 2020 to develop, for the first time, countercyclical fiscal transfers financed by common debt issuance. We discuss the potential of this instrument to contribute to improve the resilience of the eurozone."