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Greening the recovery by greening the fiscal consolidation. Bruegel Policy Brief July 2020.

McWilliams, Ben and Tagliapietra, Simone and Zachmann, Georg (2020) Greening the recovery by greening the fiscal consolidation. Bruegel Policy Brief July 2020. [Policy Paper]

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    Abstract

    The long road to economic recovery from the COVID-19 shock is just beginning. European countries are considering how best to reboot their economies, with fiscal stimulus plans at the core of the consideration. Meanwhile, the European Commission has put forward its own stimulus plan. These stimulus packages will amount to several percentage points of GDP, and can therefore influence the future orientation of the economic system. For this reason, policymakers aim to incorporate long-term goals into recovery packages, most fundamentally a just transition towards a climate-neutral economy.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > environmental policy (including international arena)
    EU policies and themes > Policies & related activities > budgets & financing
    EU policies and themes > Policies & related activities > economic and financial affairs > economic growth
    EU policies and themes > Policies & related activities > economic and financial affairs > economic policy
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bruegel (Brussels) > Policy Contributions
    Depositing User: Daniel Pennell
    Official EU Document: No
    Language: English
    Date Deposited: 29 Oct 2020 11:27
    Number of Pages: 8
    Last Modified: 29 Oct 2020 11:27
    URI: http://aei.pitt.edu/id/eprint/103256

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