Fiscal Consolidation in Europe: How to Achieve It? With Roel Beetsma (University of Amsterdam)

10/18/24 • 36 min

Join us this week as we tackle a pressing issue facing the Euro Area: fiscal consolidation. With debt-to-GDP ratios near historic highs in many economies, reducing deficits is critical—but not without risks to economic growth.

Our special guest, Roel Beetsma, Professor of Macroeconomics at the University of Amsterdam, offers his insights on questions like:

Is there a way to cut deficits without hurting growth?

How does population aging impact public budgets and political pressures?

What new strains are digitalization and the green transition placing on Europe’s fiscal future?

And have we reached a breaking point in Europe’s fiscal stability culture?

Tune in for an in-depth discussion on these challenges and the difficult choices European policymakers are grappling with.

Our special guest, Roel Beetsma, Professor of Macroeconomics at the University of Amsterdam, offers his insights on questions like:

Is there a way to cut deficits without hurting growth?

How does population aging impact public budgets and political pressures?

What new strains are digitalization and the green transition placing on Europe’s fiscal future?

And have we reached a breaking point in Europe’s fiscal stability culture?

Tune in for an in-depth discussion on these challenges and the difficult choices European policymakers are grappling with.

Previous Episode

The Future of Europe's Auto Industry, with Valentin Mory (Natixis)

Join us to dive into the challenges and transitions facing Europe’s car industry. Together with Valentin Mory, mobility expert from Natixis, we explore the shifting landscape of electric vehicles (EVs), China's lead in battery technology, and the future of internal combustion engines.

Will Europe keep pace with China’s rapid electrification? Can car manufacturers overcome regulatory hurdles and avoid costly fines? And what’s the real impact of upcoming tariffs on Chinese car imports?

Tune in for an in-depth analysis of the evolving auto industry, the latest on EV penetration rates, and what’s driving change across the globe.

Next Episode

Will Euro Area Inflation Fall Below the ECB's Target?

In this episode, we explore the inflation outlook for the Euro Area, honing in on whether medium-term inflation could once again fall short of the ECB's target, as it did before the pandemic.

While there’s little evidence in current data to suggest an imminent undershoot—thanks to robust wage growth, persistent service price inflation, and ample room for monetary policy easing—some of these factors may ease in the coming year. This makes it crucial to keep a close eye on potential risks of undershooting.