CESifo Forum 01/2021: The EU’s Big Pandemic Deal: Will It Be a Success?
ifo Institute, Munich, 2021
In the face of an unprecedented economic recession caused by the Covid-19 pandemic, the EU has set up the biggest stimulus in its history - a 750-billion-euro fund called “Next Generation EU” - to support economic recovery. This initiative is ground-breaking as it includes grants and loan facilities for member countries, financed by EU borrowing. It stresses the importance of maintaining economic stability and strengthening social cohesion within the EU, while critics argue that it will undermine financial discipline in the EU and create the conditions for a “transfer union” in which some member states live at the expense of others. This program is designed as a one-time, temporary intervention, but if successful, it will signal a new direction for EU fiscal cooperation.
Articles included
The NGEU Economic Recovery Fund
ifo Institute, Munich, 2021
CESifo Forum 22 (1), 03-08
One Instrument, Many Goals: Some Delicate Challenges Facing the EU’s Recovery Fund
ifo Institute, Munich, 2021
CESifo Forum 22 (1), 09-13
Economic Policy Responses to the Coronavirus Crisis — Stabilization and Insurance
ifo Institute, Munich, 2021
CESifo Forum 22 (1), 14-19
The Coronavirus Pandemic and Next Generation EU in the Baltic States
ifo Institute, Munich, 2021
CESifo Forum 22 (1), 20-25
Measuring the European Fiscal Stance Afer Covid-19 from National and European Budget Plans
ifo Institute, Munich, 2021
CESifo Forum 22 (1), 26-36
European Banking Reform Should Embrace a Unitary Approach to Failed Banks
ifo Institute, Munich, 2021
CESifo Forum 22 (1), 37-39
How Difficult Is It for Managers to Predict Their Future Business Development? A New Measure of Perceived Business Uncertainty
ifo Institute, Munich, 2021
CESifo Forum 22 (1), 40-42
The Post-2015 Institutional Shock in Poland: Some Empirical Findings
ifo Institute, Munich, 2021
CESifo Forum 22 (1), 43-48
Deforestation and Migration
ifo Institute, Munich, 2021
CESifo Forum 22 (1), 49-57
Statistics Update
CESifo Forum 22 (1), 58-60