[go: up one dir, main page]
More Web Proxy on the site http://driver.im/
IDEAS home Printed from https://ideas.repec.org/a/ces/epofor/v25y2024i03p37-41.html
   My bibliography  Save this article

Promoting European Public Goods

Author

Listed:
  • Roel Beetsma
  • Marco Buti
Abstract
EU economic policies need to be fundamentally reoriented to deliver European public good (EPGs) in economic and non-economic areas. To attain that, an approach that overcomes the sterile debate between risk reduction and risk sharing is needed “Genuine” EPGs in the area of the green and digital transitions would be financed by a new Fund of some EUR 750bn to be established as a follow up of Next Generation EU, access to which would be conditional on adhering to the revised fiscal rulebook A systematic review of the various existing instruments at the EU level to stimulate investments should be carried out. Where feasible, collecting the EU financing instruments into a single facility would substantially improve the market perception of EU debt In many areas, progress is held back not so much by a lack of available financial resources at the EU level as by a lack of coordination among national governments. In areas such as defense, stepping up the supply of EPGs requires the coordination of national policies rather than additional EU funds Achieving such goals would also help enhance the role of the EU in global governance. The agenda we put forward will require political leadership and a long-term time horizon

Suggested Citation

  • Roel Beetsma & Marco Buti, 2024. "Promoting European Public Goods," EconPol Forum, CESifo, vol. 25(03), pages 37-41, May.
  • Handle: RePEc:ces:epofor:v:25:y:2024:i:03:p:37-41
    as

    Download full text from publisher

    File URL: https://www.cesifo.org/DocDL/econpol-forum-2024-3-beetsma-buti-eu-competitiveness.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:epofor:v:25:y:2024:i:03:p:37-41. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/cesifde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.