Discover and read the best of Twitter Threads about #fiscalUnion

Most recents (2)

‼️‼️it's publications time!‼️‼️
In this work - co-authored with Roel Beetsma (EU Fiscal Board), Frank Vandenbrouke (Belgian Gov), @anniekderuijter and Brian Burgoon (both UvA), we ask a *key* question: which type of Fiscal Capacity do Europeans want?
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academic.oup.com/economicpolicy… Image
In particular, we use an experiment to causally infer the effect of alternative policy designs on public preferences.
We use a randomized conjoint experiment in 5 key EU countries - NL, FR, ES, IT, DE - to assess hundreds of alternative EU fiscal capacity designs.
Our alternative designs are quite detailed: they vary over several dimensions, including (1) budgetary conditions (2) areas of spending (3) role of the EU Commission (4) degree of cross-national redistribution (5) impact on domestic taxation (6) fines and compliance. Image
Read 14 tweets
While not perfect, a deal of this size remains good news, no doubt about it. The details will have to be reviewed, but the cuts of #HorizonEurope & #health expenditure in times of #COVID19 show the limited foresight and worrying priorities of some leaders.
politico.eu/article/eu-lea…
More worrying than the result, however, is the process. It should not take a 90h marathon for 27 leaders busy w/ a pandemic, months into a crisis, to agree on a watered-down version of a #RecoveryFund w/ threats and vetoes. This is not an efficient & democratic process. #EUCO
This #EUCO makes ever more imperatives the reforms @VoltEuropa and others have been calling for: create a #fiscalunion and #politicalunion, empower the @Europarl_EN, replace the @EUCouncil w/ an elected senate, allow true #Europeanparties and create a #federalEurope. #IamEuropean
Read 3 tweets

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