Common Fiscal Capacity Is Needed to Strengthen Risk Sharing Articles uri icon

authors

  • DIAZ RODRIGUEZ, ANTONIA

publication date

  • July 2021

start page

  • 215

end page

  • 219

issue

  • 4

volume

  • 55

International Standard Serial Number (ISSN)

  • 0020-5346

Electronic International Standard Serial Number (EISSN)

  • 1613-964X

abstract

  • The COVID-19 pandemic has shown that the fabric of the European Union project, in its current design, cannot fa- cilitate the needed risk sharing to deepen the Single Mar- ket. To boost cross-border banking and capital market integration, we need a common safe asset and therefore common fiscal capacity.

subjects

  • Economics