Joint EU Economic Policy Response to the Corona Crisis: Sustainabilty, Strengthening the Public Sector and Coordinated Taxation as Conditionalities
Jo Ritzen, Honorary Professor, Maastricht University
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There is little doubt that –whatever countries do to fight the virus- the economies of many EU countries will be in serious disarray. It is likely that Governments and the EU in the struggle to regain employment and income will fall back into the “old normal” and put aside their agreed strategies to achieve sustainability and to further a social Europe with a strong public sector.
Here we present a vision for an emergence of EU countries out of the crisis with sustainability and with an improvement of the public sector. EU cooperation is a must for that vision, with a commitment of EU countries to the conditionality’s for joint Euro area monetary funding (ECB) and joint Euro area borrowing (though ESM) or joint European borrowing through the EIB or otherwise. These conditionality’s are in terms of a commitment to sustainable development, to improvement of the public sector (health and education), to joint taxation as well as to sound fiscal behavior.
About the speaker
Jo Ritzen is professorial fellow in the International Economics of Science, Technology and Higher Education at UNU-MERIT and the Maastricht Graduate School of Governance.
He was previously Dutch Minister for Education and Science, then President of Maastricht University, and is now the driving force behind ‘Empower European Universities’ (EEU), an NGO which aims to ramp up innovation and internationalisation at universities and research institutes across Europe.
Venue: via Zoom
Date: 23 April 2020
Time: 12:00 - 13:00