The Great Reset: 2021 European Public Investment Outlook - cover image

Book Series

Copyright

Floriana Cerniglia; Francesco Saraceno; Andrew Watt;

Published On

2021-11-26

ISBN

Paperback978-1-80064-350-5
Hardback978-1-80064-351-2
PDF978-1-80064-352-9
HTML978-1-80064-665-0
XML978-1-80064-355-0
EPUB978-1-80064-353-6
MOBI978-1-80064-354-3

Language

  • English

Print Length

258 pages (xxviii+230)

Dimensions

Paperback178 x 18 x 254 mm(7" x 0.71" x 10")
Hardback178 x 22 x 254 mm(7" x 0.88" x 10")

Weight

Paperback1353g (47.73oz)
Hardback1830g (64.55oz)

Media

Illustrations67
Tables23

OCLC Number

1289367449

LCCN

2021386024

BIC

  • 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

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 NextGenerationEU’s 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

[article]Deutschland muss klotzen

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

[article]Investieren fĂŒr den Neustart

Seite 5. Andrea Brasili u.a.: Public Investment in the Pandemic – 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. xxv–xxviii)
  • Franco Bassanini
  • Sebastian Dullien
  • Alberto Quadrio Curzio
  • Xavier Ragot

Introduction

(pp. 1–14)
  • Floriana Cerniglia
  • Francesco Saraceno
  • Andrew Watt
  • Andrea Brasili
  • Atanas Kolev
  • Debora Revoltella
  • Jochen Schanz
  • Katja Rietzler
  • Andrew Watt
  • Giovanni Barbieri
  • Floriana Cerniglia
  • Adam Czerniak
  • Sebastian PƂóciennik
  • JosĂ© Villaverde
  • Adolfo Maza
  • Luigi Durand
  • Raphael Espinoza
  • William Gbohoui
  • Mouhamadou Sy

8. Investing in Health

(pp. 127–138)
  • Pierre-Yves Geoffard
  • Lieve Fransen
  • Romano Prodi
  • Edoardo Reviglio
  • DĂ©sirĂ©e RĂŒckert
  • Reinhilde Veugelers
  • Antilia Virginie
  • Christoph Weiss
  • Carlo Jaeger
  • Diana Mangalagiu
  • Jonas Teitge
  • Maximilian Zangl
  • Katharina Weber
  • Muhammad Usman Zahid
  • Mario Holzner
  • Giuseppe Coco
  • Raffaele Lagravinese

Contributors

Floriana Cerniglia

(editor)
Full Professor of Economics and Director of CRANEC at UniversitĂ  Cattolica del Sacro Cuore

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)
Deputy Department Director, OFCE at Sciences Po, Paris

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 2000–02 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)
Head, European Economic Policy Unit, Macroeconomic Policy Institute at Hans-Böckler Foundation

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.