Group IV: Crises, Public Policies, Fiscal Policy and the Euro

The Principal Researcher of this Group Prof. Dr. Nazaré Costa Cabral. 

This Group aims at analysing the two different crises (the sovereign-debt and pandemic crises) that hit the E(M)U in the last decades, and to discuss the effectiveness and impact of policy responses designed to address them. The Group will investigate future perspectives for monetary and fiscal policies in the EMU, in particular prospects for the European Economic Governance, including the revision of European fiscal rules and of its legal framework (e.g. the Stability Pact).

This Group will cooperate and simultaneously develop 4 projects during the period 2020-2024:

• Project 1: The European Response to the crisis
• Project 2: The crisis and policy reform: rebuilding the welfare state and the European social model
• Project 3: Budget Transparency
• Project 4: Public Audit Institutions: comparative experience during crisis.