Presentation by Mr Martin LARCH on "Fiscal Policy in the Economic and Monetary Union: Past achievements and new challenges"
Date
Location
Mr Martin LARCH is Head of Secretariat at the European Fiscal Board since March 2017. He has an extensive experience in EU macro-economics. Between 2011 and 2017, he was head of Unit at the Directorate-General for Economic and Financial Affairs. Between 2008 and 2011, Mr LARCH functioned as an advisor at the European Commission's Bureau of European Policy Advisors (BEPA).
Mr LARCH holds a PhD in economics from the University of Vienna on a topic of a crucial importance, namely, the assessment of the effectiveness of budget consolidation efforts.
This event is open only to College of Europe students and staff. Please register using the form below.
Contact person: eva.vandevoorde [at] coleurope.eu (Eva VANDE VOORDE)
The presentation on "Fiscal Policy in the Economic and Monetary Union: Past achievements and new challenges" will address the following issues:
1. EU economic governance
- What does it look like today?
- What did it look like in the past?
- What does it look like in the US?
- Why do we need a governance framework?
- Why do we give up national currencies?
2. Fiscal Policy in the EMU
- Why tying governments’ hands?
- What is the Stability and Growth Pact?
- Has the Pact worked?
- Main stages in the evolution of the Pact?
3. Main challenges for the future
- Fiscal policy the only game in town?
- Is there enough fiscal space in Member States?
- Is there new fiscal space at the EU level?
- Can fiscal policy live up to expectations?