European Public Investment Outlook

"This outlook provides a focused assessment of the state of public capital in the major European countries and identifies areas where public investment could contribute more to stable and sustainable growth. A European Public Investment Outlook brings together contributions from a range of inte...

Descripción completa

Detalles Bibliográficos
Otros Autores: Cerniglia, Floriana, editor (editor), Saraceno, Francesco, editor
Formato: Libro electrónico
Idioma:Inglés
Publicado: Cambridge, UK : Open Book Publishers 2020.
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009745277506719
Tabla de Contenidos:
  • ntro
  • Contents
  • Preface
  • Acknowledgements
  • Author Biographies
  • Introduction
  • References
  • Part I
  • Outlook
  • 1. Europe Needs More Public Investment
  • 1.1. Recent Public Investment Trends in Europe
  • 1.2. Infrastructure Has Declined Substantially
  • 1.3. How to Support More Infrastructure Investment
  • 1.4. Policy Implications
  • References
  • 2. Public Investment and Capital in France
  • Introduction
  • 2.1. The Net Wealth of Public Administrations
  • 2.2. Evolution of Public Non-Financial Assets
  • 2.2.1. The value of fixed assets remained constant 2.3. The Dynamics of Gross Investment
  • 2.4. Net Flows of Fixed Assets Give Another (and Different) Picture
  • 2.4.1. Since 2009, debt has not been used to finance an accumulation of assets
  • 2.5. Assessing the Impact of an Investment Push in France
  • 2.5.1. A quantification of investment needs for France
  • 2.5.2. The macroeconomic impact of an investment shock
  • 2.6 Conclusion
  • References
  • 3. Public Investment in Germany: The Need for a Big Push
  • Introduction
  • 3.1. The German Public Capital Stock
  • 3.2. Quantifying Investment Needs 3.3. Macroeconomic Implications of a Public Investment Program in Germany
  • Conclusion
  • References
  • 4. Public Investment Trends across Levels of Government in Italy
  • Introduction
  • 4.1. Public Investment in Italy
  • 4.1.1. Public investments across regions
  • 4.2. 2018, 2019 and 2020 Budgets: The Financial Resources for Public Investments
  • 4.3. Conclusions and Some Policy Prescriptions
  • References
  • 5. Trends and Patterns in Public Investment in Spain: A Medium- and Long-Run Perspective
  • Introduction 5.1. Trends and Patterns of Public Investment in Spain in the EU Context, 2000-2017
  • 5.2. Public Investment and Public Capital in Spain: A Long-Term Perspective
  • 5.3. Conclusions
  • References
  • Part II
  • Challenges
  • 6. In Search of a Strategy for Public Investment in Research and Innovation
  • Introduction and Main Points at Issue
  • 6.1. The EU in Depth
  • 6.2. Public Investment
  • 6.3. Final Remarks and Policy Considerations
  • References
  • 7. Social Investment and Infrastructure
  • Introduction: The Welfare Lesson from the Great Recession 7.1. The Social Investment Life-Course Multiplier Effect
  • 7.2. A Golden Social Investment Rule in the Stability and Growth Pact
  • 7.3. A New Deal for Social Europe: Boosting Social Infrastructure
  • 7.4. How to Invest in Social Infrastructure to Fill the Gap? The Creation of a European Fund for Social Infrastructure
  • 7.5. Firms or Markets in Infrastructure Financing
  • 7.6. The Role of State Investment Banks (SIBs) in Financing Social Infrastructure in the European Union
  • 7.7. The Concept of "Public Value" and the Role of Social Action.