Policy portal Public Finance
As we feel the limits of our planet, governments must mobilise their regulatory toolkit and all the public resources required for the sustainable transition, to ensure economic resilience and the prosperity of future generations. This means upgrading infrastructure, health and educational systems and supporting the citizens affected by the economic transition.
Public deficits will likely increase, but paradoxically, they are indispensable for public debt sustainability in the long run, and financial markets know it. Public money is required to crowd in private investment and a failure to invest will result in much bigger future fiscal imbalances due to unmitigated climate change and loss of economic and social resilience.
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17 PUBLICATIONS
Joint statement – Fiscal Follies: How new EU rules miss the mark on climate and prosperity
Report – The debts we need: Reinforcing Debt Sustainability with Future-Oriented Fiscal Rules
Joint Statement – Reaction to Germany’s pushback on debt rules
Joint Policy Brief – “Investing in our Future: Seven EU economic governance reforms”
Policy Brief – “Europe’s Fiscal Framework: The People’s View?”
Policy Brief – “From Maastricht to Paris: Why climate change should be considered in a reformed EU fiscal framework”
Manifesto – NGOs and academics call for fundamental reform of Europe’s fiscal rules
Policy brief – “Breaking The Stalemate: Upgrading EU economic governance for the challenges ahead”
Maastricht 2.0: Updating EU economic governance for the challenges ahead
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