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Designing a European fiscal union: lessons from the experience of fiscal federations

European Macroeconomics and Governance

Does the European Union need closer fiscal integration, and in particular a stronger fiscal centre, to become more resilient to economic shocks? A new book by IMF staff examines the experience of 13 federal states to help inform the debate on this issue. It analyzes the practices in devolving responsibilities from the subnational to the central level, compares them to those of the European Union, and draws lessons for a possible future fiscal union in Europe.

Speakers

  • Martine Guerguil, Deputy Director of the IMF’s Fiscal Affairs Department
  • Discussant: Zsolt Darvas, Senior Fellow, Bruegel
  • Chair: André Sapir, Senior Fellow, Bruegel

Practical details

  • Venue: Bruegel, Rue de la Charité 33, 1210 Brussels
  • Time: Friday 12 November 2014, 12.45-14:30
  • Contact: Matilda Sevón, Events Manager - [email protected]

Event Materials

Event summary -