Euro Area fiscal policies and capacity in post-pandemic times
EP - Brussels
2021
29 p.
epidemic disease ; economic recovery ; fiscal policy
Public finance and taxation
https://doi.org/10.2861/457540
English
Bibliogr.;Charts;Statistics
"The Covid-19 pandemic has created huge challenges for policymakers in the whole world. These challenges have to do with both the short run and the long run. In addition, in the euro area, these challenges have dimensions that are peculiar to the fact that the euro area is a monetary union with one monetary authority and nineteen separate budgetary authorities. In this policy brief, the author provides some answer to two questions: • Which policy mix (national/supranational) supports smooth recovery, sustainability of public finances and resilience of the euro area? • Which EMU governance reforms should be prioritised so as to improve the functioning of the euro area?"
Digital
ISBN (PDF) : 978-92-846-8410-6
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.