test Fiscal Policies to Counter Climate Change and Economic Depression in the Post Covid-19 European Union|HAPSc Policy Briefs Series

Fiscal Policies to Counter Climate Change and Economic Depression in the Post Covid-19 European Union

PDF (English)
Publiée : Δεκ 29, 2020
DOI : https://doi.org/10.12681/hapscpbs.26466
Nikolaos Anastasakis
National and Kapodistrian University of Athens
Résumé

The Covid-19 health crisis will eventually fade out, but the consequential economic crisis is right ahead of us, along with the ongoing climate crisis. The European Union’s policies and institutions seem to hinder the green transition, in favor of fiscal balance and debt repayment among its member states. This paper proposes some fiscal policies, such as an EU “Employer of Last Resort” (ELR) program, which could successfully counter the upcoming depression and climate change, to finally bring economic and social prosperity to the EU’s citizens.

Article Details
  • Rubrique
  • Articles
Creative Commons License

Ce travail est disponible sous la licence Creative Commons Attribution 4.0 International .

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
Téléchargements
Les données relatives au téléchargement ne sont pas encore disponibles.
Biographie de l'auteur
Nikolaos Anastasakis, National and Kapodistrian University of Athens
Nikolaos Anastasakis is an MSc student on Political Economy from National and Kapodistrian University of Athens. He holds a Bachelor’s degree in Business Administration from Athens University of Economics and Business.
Références
Antal, M. (2014). Green goals and full employment: Are they compatible?. Ecological Economics, 107: 276–286.
DeLong, J., Summers, L., Feldstein, M., & Ramey, V. (2012). Fiscal Policy in a Depressed Economy [with Comments and Discussion]. Brookings Papers on Economic Activity, Brookings Institution Press 233-297.
Dombrovskis, V. (2020). EU needs to get EU budget signed, sealed and delivered. European Commission Press Conference. Available at: https://www.youtube.com/watch?v=GcSfDuBTKzc (Accessed: November 29, 2020).
European Commission (2020). Recovery Plan for Europe. Available at: https://ec.europa.eu/info/strategy/recovery-plan-europe_en (Accessed: November 29, 2020).
Eurostat (2020). News Release Euro Indicators. Available at: https://ec.europa.eu/eurostat/documents/2995521/10663603/3-01102020-AP-EN.pdf/f45c24be-3304-e6b7-80c8-04eae7529519 (Accessed: November 29, 2020).
Gates, B. (2020). Bill Gates - Balancing Climate Change and Its Economic Repercussions. The Daily Show. Available at: https://www.facebook.com/thedailyshow/videos/411063523271782 (Accessed: November 20, 2020).
Hepburn, C., O’Callaghan, B., Stern, N., Stiglitz, J., & Zenghelis, D. (2020). Will Covid-19 Fiscal Recovery Packages Accelerate or Retard Progress on Climate Change?. Oxford Smith School of Enterprise and the Environment, Working Paper 20-02. Available at: https://www.lagone.it/wp-content/uploads/2020/05/STUDIO-STIGLITZ-ART4.pdf (Accessed November 29, 2020).
International Monetary Fund (IMF) (2020). Fiscal Monitor: Policies for the Recovery, October 2020. Available at: https://www.imf.org/en/Publications/FM/Issues/2020/09/30/october-2020-fiscal-monitor (Accessed November 29, 2020).
Kastner, L. (2018). Business lobbying under salience – financial industry mobilization against the European financial transaction tax. Journal of European Public Policy, 25(11): 1648-1666
Levrero, E.S. (2019). On the Criticisms of and Obstacles to the Employer of Last Resort Policy Proposal. International Journal of Political Economy, 48(1): 41–59.
Liu, Z., Ciais, P., Deng, Z., et al. (2020). Near-real-time monitoring of global CO2 emissions reveals the effects of the COVID-19 pandemic. Nature Communications, 11(1): 1-12.
Molina, M., McCarthy, J., Wall, D., et al. (2014). What We Know: The Reality, Risks, and Response to Climate Change. American Association for the Advancement of Science. Available at: http://climasaludal.org/repositorio-documentos/Documentos/Divulgacion/AAAS_What_We_Know.pdf (Accessed November 29, 2020)
Watson, R., McCarthy, J.J., Canziani, P., Nakicenovic, N., & Hisas, L. (2019). The Truth Behind the Climate Pledges. Universal Ecological Fund (Fundación Ecológica Universal FEU-US). Available at: https://feu-us.org/behind-the-climate-pledges/ (Accessed November 29, 2020)
Wray, L. R. (2007). Minsky's Approach to Employment Policy and Poverty: Employer of Last Resort and the War on Poverty. Levy Economics Institute Working Paper Series 515: 1-18.

Articles similaires

Vous pouvez également Lancer une recherche avancée de similarité pour cet article.