Local authorities: sound finances must not mask the reality of major financial challenges.
Working Paper N° 81
Improving public policy efficiency in Belgium: A priority challenge!
Public investment has a highly positive impact on economic activity but is presently at a low level. How can it be boosted?
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.