Giovinazzi, Elena (A.A. 2021/2022) European fiscal rules and the aftermath of the pandemic: rethinking a stronger economic governance. Tesi di Laurea in The economics of Europe, Luiss Guido Carli, relatore Veronica De Romanis, pp. 104. [Master's Degree Thesis]

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Abstract/Index

The evolution of European fiscal rules. Maastricht assignment. Step forward: SGP. Reforms: six pack and two pack. Fiscal compact. The legacy of the pandemic. Need for a new economic governance framework. Activation of the general escape clause. Quest for a balanced policy mix between monetary and fiscal measures. Flexibility advocates. Replacement of one-size-fits-all approach. Role of independent fiscal institutions. Introduction of a “golden rule”. Establishment of the NextGenEU as a permanent tool. Counterarguments: adherence to “responsible” fiscal practices. Implications in the raising of the debt limit. Discussion on the separation between investment expenditures and others. Introduction of fiscal standards rather than rules.

References

Bibliografia: pp. 88-96.

Thesis Type:	Master's Degree Thesis
Institution:	Luiss Guido Carli
Degree Program:	Master's Degree Programs > Corso di Laurea magistrale in Policies and Governance in Europe, lingua inglese (LM-62)
Chair:	The economics of Europe
Thesis Supervisor:	De Romanis, Veronica
Thesis Co-Supervisor:	Zgaga, Tiziano
Academic Year:	2021/2022
Session:	Autumn
Deposited by:	Alessandro Perfetti
Date Deposited:	07 Feb 2023 10:14
Last Modified:	07 Feb 2023 10:14
URI:	https://tesi.luiss.it/id/eprint/34945

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