Thoth distribution@thoth.pub 20260505T023021

urn:uuid:936e40ed-ea14-48ac-9766-6acae46ba1e3 03 01 01 urn:uuid:936e40ed-ea14-48ac-9766-6acae46ba1e3 15 9781805112020 06 10.11647/OBP.0386 00 EB E107 10 Creative Commons License 02 http://creativecommons.org/licenses/by-nc/4.0/ 01 01 Financing Investment in Times of High Public Debt 2023 European Public Investment Outlook 1 B01 21 0000-0001-9972-716X Floriana Cerniglia 2 B01 21 0000-0003-0121-4329 Francesco Saraceno 3 B01 Andrew Watt 01 eng 00 248 03 10 BUS036000 B2 Economics 20 Financing 04 HC240 12 KFFM 93 KFFM 10 BUS032000 20 European economics B2 European Studies 12 K 93 KCS 12 1QFE 10 BUS051000 20 Investment 93 KFFD B2 Politics and Sociology 20 Public debt 20 Infrastructure 20 Governance 03 00 The fourth book in the ‘European Public Investment Outlook’ series focuses on the urgent issue of how to finance needed investment in critical tangible and intangible infrastructure given high levels of public debt, a thorny problem facing many governments across Europe. Drawing on expertise from academics, researchers at public policy institutes and international governance bodies, the contributors analyse the current situation and prospects and propose feasible solutions.Financing Investment in Times of High Public Debt offers a powerful combination of high-level analysis of cross-continental policies and trends, with close examination of specific contexts in France, Italy, Germany and Spain. The chapters in Part II explore challenges including how to finance climate investments, the extent to which national promotional banks can offer solutions, EU budget reform and recent trends in tax progressivity.This book is essential reading for economists, policymakers, and anyone interested in implementing and financing public policy in Europe and wanting to better understand the intricacies of EU governance and institutions. 04 00 Acknowledgements Preface Introduction PART I. State of the Art 1. Europe 2. Financing Public Investment in France 3. Germany Lacks Political Will to Finance Needed Public-Investment Boost 4. Italy’s Public Investments. The NRRP and Beyond 5. Public Investment, Deficit and Public Debt in Spain, 1995–2022 PART II. Challenges 6. Escaping Fragmentation and Secular Stagnation. The EU Policy Mix and Investment Financing 7. From Crisis to Crisis, Can Europe Count on National Promotional Banks as Silver Bullets? 8. Making Green Public Investments a Reality in the EU Fiscal Framework and the EU Budget 9. Financing Climate Investment in the EU: the Role of Monetary and Financial Policies 10. In Search of Lost Time: An Ensemble of Policies to Restore Fiscal Progressivity and Address the Climate Challenge 11. European Public Goods 12. Options for a Permanent EU Sovereign Fund: Meeting the Climate-Investment Challenge and Promoting Macroeconomic Stability Contributor Biographies List of Figures List of Tables 20 00 Open Access Open Book Publishers 01 Open Book Publishers Cambridge, UK 04 01 20231212 13 15 9781805112013 09 Open Book Publishers 02 Publisher's website: web shop https://www.openbookpublishers.com/books/10.11647/OBP.0386 99 01 09 Open Book Publishers 29 Publisher's website: download the title https://books.openbookpublishers.com/10.11647/obp.0386.pdf 99 01