EU Fiscal Capacity

Discover the transformative insights of EU Fiscal Capacity by Federico Fabbrini, published by Oxford University Press in 2022. This compelling 192-page paperback delves into the significant changes in the European Union's economic governance architecture following the challenges posed by Covid-19 and the war in Ukraine.

Fabbrini argues that the Next Generation EU (NGEU) initiative marks a pivotal shift from the previous fiscal surveillance measures that characterized the euro crisis. Instead, the EU is embracing a model of fiscal federalism, drawing parallels with the economic strategies of the United States. This book is essential reading for anyone interested in understanding the evolving dynamics of EU fiscal policy and governance in a post-crisis context.

Enhance your knowledge of European economic integration and the future of fiscal policies with this insightful work.