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Copyright

Floriana Cerniglia; Francesco Saraceno. Copyright of individual chapters are maintained by the chapter author(s).

ISBN

Paperback978-1-80511-438-3
Hardback978-1-80511-439-0
PDF978-1-80511-440-6
HTML978-1-80511-442-0
EPUB978-1-80511-441-3

Language

  • English

THEMA

  • LBBM3
  • KCB
  • 1D

BISAC

  • BUS039000
  • BUS051000
  • BUS068000
  • BUS032000
  • POL024000

Keywords

  • Public investment
  • Structural transformation
  • European economy
  • Fiscal policy
  • Sustainable growth

    Investing in the Structural Transformation

    2024 European Public Investment Outlook

    FORTHCOMING
    The fifth volume in the European Public Investment Outlook series explores how Europe can drive structural transformation through strategic public investment. Reflecting on the lessons from the 2008–2020 polycrisis and recent economic challenges, this timely book examines fiscal policy's role in both stabilization and long-term economic development.

    Part I, ‘State of the Art’, reviews current public investment and industrial policies in major European economies, including France, Germany, Italy, and Spain. It provides detailed analyses of each country's approach to fostering structural transformation through public investment.

    Part II, ‘Challenges’, addresses the diverse obstacles and opportunities facing Europe’s industrial policy. It emphasizes a multidimensional strategy to overcome bottlenecks in key sectors and drive transformation. Topics include the role of industrial policy in the green transition, creating a cohesive strategy for Europe, enhancing economic security, trends in European Union defence spending, sustainable mobility, and financing structural investment beyond 2027.

    This volume is essential reading for researchers, economists, and policymakers focused on understanding and implementing effective public policy in Europe, and will further appeal to anyone interested in EU governance and public investment strategies more broadly.

    Contributors

    Floriana Cerniglia

    (editor)
    Full Professor of Economics at Università Cattolica del Sacro Cuore
    https://orcid.org/0000-0001-9972-716X

    Floriana Cerniglia is a full professor of Economics at Università Cattolica del Sacro Cuore (Milan) and Director of CRANEC (Centro di ricerche in analisi economica e sviluppo economico internazionale). She is the Co-Editor-in-Chief of EconomiaPolitica, Journal of Analytical and Institutional Economics. She received her PhD from the University of Warwick (UK) and her research interests are in Public Economics and in macroeconomic policies. She has published in leading international journals and she has coordinated and participated in a number of peer-reviewed research projects.

    Francesco Saraceno

    (editor)
    Deputy Department Director at OFCE, the Research Center in Economics at Sciences Po, Paris
    https://orcid.org/0000-0003-0121-4329

    Francesco Saraceno is Deputy Department Director at OFCE, the research centre in economics at Sciences Po in Paris. He holds PhDs in Economics from Columbia University and the Sapienza University of Rome. His research focuses on the relationship between inequality, macroeconomic performance, and European macroeconomic policies. From 2000 to 2002, he was a member of the Council of Economic Advisors for the Italian Prime Minister’s Office. He teaches international and European macroeconomics at Sciences Po, where he manages the Economics concentration of the Master’s in European Affairs, and at Luiss in Rome. He is Academic Director of the Sciences Po-Northwestern European Affairs Program. He advises the International Labour Organisation (ILO) on macroeconomic policies for employment and participates in IMF training programmes on fiscal policy.