A green fiscal pact: climate investment in times of budget consolidation
Budget consolidation in European Union countries should be possible within EU rules, but countries should agree a green fiscal pact to protect net-zero investment.
The risks from climate change to sovereign debt in Europe
European Union institutions and national fiscal authorities should incorporate climate risk in debt sustainability analysis.
Analysis – Monetary policy and the value of the public debt
Pressure is set to mount on governments to start to reduce their national debt Yet paradoxically US and UK post-crisis monetary policy practice stands to increase it Changes in the operating procedures of these two central banks seem likely One way could be sterilisation o… Become a member to read the rest of this […]