Public investment has a highly positive impact on economic activity but is presently at a low level. How can it be boosted?
With the euro area mired in an adverse mix of sluggish growth and flagging investment, this article seeks to identify the obstacles weighing on current investment dynamics and highlights the initiatives taken at European level to release their full potential
This article gives an overview of the establishment and functioning of the European governance framework for public finances. In addition, an appraisal is made of this regulatory framework and suggestions for future reforms are put forward.