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    The Great Reset

    2021 European Public Investment Outlook

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    Author(s)
    Cerniglia, Floriana
    Saraceno, Francesco
    Watt, Andrew
    Contributor(s)
    Cerniglia, Floriana (editor)
    Saraceno, Francesco (editor)
    Watt, Andrew (editor)
    Collection
    ScholarLed
    Language
    English
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    Abstract
    This timely and insightful collection of essays written by economists from a range of academic and policy institutes explores the subject of public investment through two avenues. The first examines public investment trends and needs in Europe, addressing the initiatives taken by European governments to tackle the COVID-19 recession and to rebuild their economies. The second identifies key domains where European public investment is needed to build a more sustainable Europe, from climate change to human capital formation. Building on the 2020 edition, The Great Reset demonstrates the value of public capital both within European countries and as a European public good, shedding light on the impact that the NextGenerationEU’s Recovery and Resilience Facility will likely have on the macroeconomic structure of the European economy. The first part of the Outlook assesses the state of public investment in Europe at large, as well as focusing on five countries (France, Germany, Italy, Poland and Spain) as case studies. The second part focuses on the challenges posed by the pandemic and the pillars of the NextGenerationEU investment plan, with chapters ranging from education and digitalization, to territorial cohesion and green transition. This book is a must-read for economists, policymakers, and scholars interested in the impact and recovery of European countries during a time of extensive uncertainty.
    URI
    https://library.oapen.org/handle/20.500.12657/52039
    Keywords
    climate change; COVID-19 recession; Europe; European governments; human capital formation; NextGenerationEU; public investment; sustainable Europe
    DOI
    10.11647/OBP.0280
    ISBN
    9781800643529, 9781800643529
    Publisher
    Open Book Publishers
    Publisher website
    https://www.openbookpublishers.com/
    Publication date and place
    2021
    Series
    Open Reports Series,
    Classification
    Investment and securities
    Economics, Finance, Business and Management
    EU (European Union)
    Pages
    258
    Rights
    https://creativecommons.org/licenses/by-nc-nd/4.0/
    • Imported or submitted locally

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    License

    • If not noted otherwise all contents are available under Attribution 4.0 International (CC BY 4.0)

    Credits

    • logo EU
    • This project received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 683680, 810640, 871069 and 964352.

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