Book Series
- Open Reports Series vol. 10
- ISSN Print: 2399-6668
- ISSN Digital: 2399-6676
Copyright
Floriana Cerniglia; Francesco Saraceno; Andrew Watt;Published On
2021-11-26ISBN
Language
- English
Print Length
258 pages (xxviii+230)Dimensions
Weight
Media
OCLC Number
1289367449LCCN
2021386024BIC
- KFFM
- K
- 1QFE
BISAC
- BUS036000
- BUS032000
- BUS051000
LCC
- RA644.C67
Keywords
- public investment
- Europe
- European governments
- COVID-19 recession
- sustainable Europe
- climate change
- human capital formation
- NextGenerationEU
The Great Reset
2021 European Public Investment Outlook
- Floriana Cerniglia (editor)
- Francesco Saraceno (editor)
- Andrew Watt (editor)
This timely and insightful collection of essays written by economists from a range of academic and policy institutes explores the subject of public investment through two avenues. The first examines public investment trends and needs in Europe, addressing the initiatives taken by European governments to tackle the COVID-19 recession and to rebuild their economies. The second identifies key domains where European public investment is needed to build a more sustainable Europe, from climate change to human capital formation.
Building on the 2020 edition, The Great Reset demonstrates the value of public capital both within European countries and as a European public good, shedding light on the impact that the NextGenerationEUâs Recovery and Resilience Facility will likely have on the macroeconomic structure of the European economy. The first part of the Outlook assesses the state of public investment in Europe at large, as well as focusing on five countries (France, Germany, Italy, Poland and Spain) as case studies. The second part focuses on the challenges posed by the pandemic and the pillars of the NextGenerationEU investment plan, with chapters ranging from education and digitalization, to territorial cohesion and green transition.
This book is a must-read for economists, policymakers, and scholars interested in the impact and recovery of European countries during a time of extensive uncertainty.
Endorsements
When if not now should Europe turn up the volume on government investment in order to deliver a just transition to a sustainable economy as well as resilient public services to all? This volume explains the rationale behind such policies together with the need to reform the EU economic architecture, starting with the fiscal rules. Readers are well served here with thorough country studies followed by fascinating sectoral analyses of investment needs and strategies from health to energy and territorial cohesion.
Laszlo Andor
Secretary General Foundation for European progressive Studies, former European Commissioner for Employment and Social Affairs
Additional Resources
Seite 5. Katja Rietzler, Andrew Watt: Public Investment in Germany: Much More Needs to Be Done, in: Floriana Cerniglio, Francesco Saraceno, Andrew Watt (Hrsg.): The Great Reset, European Public Investment Outlook 2021, Cambridge, Open Book Publishers, November 2021
Seite 5. Andrea Brasili u.a.: Public Investment in the Pandemic â Europe at a Glance, in: Floriana Cerniglio, Francesco Saraceno, Andrew Watt (Hrsg.): The Great Reset, European Public Investment Outlook 2021, Cambridge, Open Book Publishers, November 2021
Contents
Preface
(pp. xxvâxxviii)- Franco Bassanini
- Sebastian Dullien
- Alberto Quadrio Curzio
- Xavier Ragot
Introduction
(pp. 1â14)- Floriana Cerniglia
- Francesco Saraceno
- Andrew Watt
- Andrea Brasili
- Atanas Kolev
- Debora Revoltella
- Jochen Schanz
- Mathieu Plane
- Francesco Saraceno
- Katja Rietzler
- Andrew Watt
4. Relaunching Public Investment in Italy
(pp. 63â78)- Giovanni Barbieri
- Floriana Cerniglia
5. Public Investment in Poland
(pp. 79â92)- Adam Czerniak
- Sebastian PĆĂłciennik
- José Villaverde
- Adolfo Maza
7. Crowding In-Out of Public Investment
(pp. 107â126)- Luigi Durand
- Raphael Espinoza
- William Gbohoui
- Mouhamadou Sy
8. Investing in Health
(pp. 127â138)- Pierre-Yves Geoffard
9. Education, Human Capital, and Social Cohesion
(pp. 139â156)- Lieve Fransen
- Romano Prodi
- Edoardo Reviglio
10. COVID-19 and the Corporate Digital Divide
(pp. 157â172)- DĂ©sirĂ©e RĂŒckert
- Reinhilde Veugelers
- Antilia Virginie
- Christoph Weiss
11. EU Investment in Energy Supply for Europe
(pp. 173â184)- Carlo Jaeger
- Diana Mangalagiu
- Jonas Teitge
12. Environmental Impact Evaluation of a European High-Speed Railway Network along the âEuropean Silk Roadâ
(pp. 185â202)- Maximilian Zangl
- Katharina Weber
- Muhammad Usman Zahid
- Mario Holzner
13. Cohesion Policy and Public Investment in the EU
(pp. 203â214)- Giuseppe Coco
- Raffaele Lagravinese
Contributors
Floriana Cerniglia
(editor)Floriana Cerniglia is a Full Professor of Economics at UniversitĂ Cattolica del Sacro Cuore (Milan) and Director of CRANEC (Centro di ricerche in analisi economica e sviluppo economico internazionale) She is the Co-Editor-in-Chief of EconomiaPolitica, Journal of Analytical and Institutional Economics. She received her PhD from the University of Warwick (UK) and her research interests are in Public Economics and in macroeconomic policies. She has published in leading international journals and she has coordinated and participated in a number of peer-reviewed research projects.
Francesco Saraceno
(editor)Francesco Saraceno is a Deputy Department Director at OFCE, the Research Center in Economics, Sciences Po, Paris. He holds PhDs in Economics from Columbia University and the Sapienza University of Rome. His research focuses on the relationship between inequality, macroeconomic performance, and European macroeconomic policies. He has published in several international journals. In 2000â02 he was a member of the Council of Economic Advisors for the Italian Prime Minister's Office. He teaches international and European macroeconomics at Sciences Po, where he manages the Economics concentration of the Master in European Affairs, and in Rome (Luiss). He is Academic Director of the Sciences Po-Northwestern European Affairs Program. He is a member of the Scientific Board for the LUISS School of European Political Economy and formerly of the Confindustria's Scientific Committee. He advises the International Labour Organization (ILO) on macroeconomic policies for employment and participates to IMF training programs on fiscal policy.
Andrew Watt
(editor)Andrew Watt is Head of the European Economic Policy Unit at the Macroeconomic Policy Institute (IMK), part of the Hans-Böckler Foundation. He holds a PhD from the University of Hamburg. His main research fields are European economic and employment policy and comparative political economy, with a particular interest in the interaction between wage-setting and macroeconomic policy. Recent work has focused on reform of the economic governance of the euro area, emphasising the need to coordinate monetary, fiscal, and wage policy in order to achieve balanced growth and favourable employment outcomes. He has served as advisor to numerous European and national institutions, including the European Commission, the European Economic and Social Committee, and Eurofound.