Reforming the European Economic Governance (2020–2022)

Fabio Masini

Chapter Chapter 5 in European Economic Governance, 2022, pp 121-146 from Springer

Abstract: Abstract The pandemic triggered a dramatic change in the management of the European economy, with new instruments to foster both monetary and fiscal stimuli. The outbreak of the war in Ukraine further prompted a rethinking of the scope, nature, instruments, and institutional architecture of the European economic governance. The simple return to pre-pandemic rules and instruments appears less and less realistic. This chapter reconstructs the main innovations introduced since the pandemic; it further highlights some of the key elements of the related and most recent debate on the reform of the European economic architecture; and suggests possible evolutions in the coming future.

Keywords: Twofold shock; Recovery plan; European public goods; Stagflation (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-13094-6_5

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DOI: 10.1007/978-3-031-13094-6_5

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