Europe

EconPol Policy Report: The future of Eurozone fiscal governance

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What is the future of fiscal governance in the Eurozone? In EconPol Europe’s first policy report Anne-Laure Delatte (CEPII), Clemens Fuest (ifo Institute), Daniel Gros (CEPS), Friedrich Heinemann (ZEW), Martin Kocher (IHS) and Roberto Tamborini (University of Trento) discuss various options for fiscal governance reform. The authors focus on two possible reform approaches referred to as the ‘Maastricht model’ and the ‘US model’. They argue that certain elements of the two approaches could be combined to achieve a more resilient and economically successful Eurozone.