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A Green Deal for European Cities. Rethinking the Role of the Euro

Author

Listed:
  • Alfonso Iozzo

    (President of Centro Studi sul Federalismo; Vice President of Robert Triffin International)

  • Fabio Masini

    (Theories and History of International Political Economy, Department of Political Science, University of Roma Tre
    Managing Editor History of Economic Thought and Policy; Euractiv Italia)

Abstract

The Covid19-related emergency has changed our perspectives on individual and collective priorities. Two aspects in particular will probably stand out for their impact on the way societies will change and adapt to the transformation required (and induced) by this shock. The first is the need to rethink social, economic, political, and territorial planning in a way that allows a prompt, more efficient, decentralized – but also coordinated – response to exogenous shocks, that transcends current (State-centered) administrative and policy boundaries. [...] The second issue is how to finance crucial local infrastructure that allow such local areas to effectively react to exogenous shocks and challenges.[...]

Suggested Citation

  • Alfonso Iozzo & Fabio Masini, 2020. "A Green Deal for European Cities. Rethinking the Role of the Euro," Policy Papers 45, Fondazione Centro Studi sul Federalismo.
    • Handle: RePEc:azz:ppaper:45
    as

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    File URL: https://www.csfederalismo.it/images/policy_paper/Iozzo-Masini_CSF-MEI_PP45_From-ESM-to-EMF_May2020.pdf
    File Function: First version, 2020
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    More about this item

    Keywords

    Next Generation Eu; fiscal rules; Fiscal compact; European Commission;
    All these keywords.

    JEL classification:

    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F38 - International Economics - - International Finance - - - International Financial Policy: Financial Transactions Tax; Capital Controls
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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