Realigning European public financial architecture for the twenty-first century

Judith Clifton and David Howarth

Journal of Economic Policy Reform, 2025, vol. 28, issue 1, 1-11

Abstract: More knowledge is needed on the performance and readiness of the European public financial architecture to best tackle the formidable socio-economic, geo-political and climate change-related challenges that Europe and the rest of the world face. We identify five core areas of concern and, specifically, how effectively the European public financial architecture: serves its member state shareholders; coordinates its lending; promotes green finance; fosters sustainable development; and facilitates development in Africa. We provide a number of solutions designed to build a stronger financial architecture for Europe.

Date: 2025
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DOI: 10.1080/17487870.2024.2438396

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