A European public investment outlook [electronic resource] / edited by Floriana Cerniglia and Francesco Saraceno.

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Contents -- Preface / Franco Bassanini, Alberto Quadrio Curzio and Xavier Ragot -- Acknowledgements -- Author Biographies -- Introduction / Floriana Cerniglia and Francesco Saraceno -- Part I. Outlook. 1. Europe Needs More Public Investment / Rocco Luigi Bubbico, Philipp-Bastian Brutscher and Debora Revoltella ; 2. Public Investment and Capital in France / Mathieu Plane and Francesco Saraceno ; 3. Public Investment in Germany: The Need for a Big Push / Sebastian Dullien, Ekaterina Jürgens and Sebastian Watzka ; 4. Public Investment Trends across Levels of Government in Italy / Floriana Cerniglia and Federica Rossi ; 5. Trends and Patterns in Public Investment in Spain: A Medium- and Long-Run Perspective / José Villaverde and Adolfo Maza -- Part II. Challenges. 6. In Search of a Strategy for Public Investment in Research and Innovation / Daniela Palma, Alberto Silvani and Alessandra Maria Stilo ; 7. Social Investment and Infrastructure / Anton Hemerijck, Mariana Mazzucato and Edoardo Reviglio ; 8. From Trans-European (Ten-T) to Trans-Global (Twn-T) Transport Infrastructure Networks. A Conceptual Framework / Paolo Costa, Hercules Haralambides and Roberto Roson ; 9. Ecological Transition / D'Maris Coffman, Roberto Cardinale, Jing Meng and Zhifu Mi ; 10. The Contribution of European Cohesion Policy to Public Investment / Francesco Prota, Gianfranco Viesti and Mauro Bux -- List of Illustrations -- List of Tables.

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"This outlook provides a focused assessment of the state of public capital in the major European countries and identifies areas where public investment could contribute more to stable and sustainable growth. A European Public Investment Outlook brings together contributions from a range of international authors from diverse intellectual and professional backgrounds, providing a valuable resource for the policy-making community in Europe to feed their discussion on public investment. The volume both offers sector-specific advice and highlights larger areas which should be prioritized in the policy debate (from transport to social capital, R&D and the environment). The Outlook is structured into two parts: the chapters of Part I respectively explore public investment trends in France, Germany, Italy, Spain and Europe as a whole, and illuminate how the legacy of the 2008 Global Financial Crisis is one of insufficient public investment. Part II investigates some areas into which resources could be channelled to reverse the recent trend and provide European economies with an adequate public capital stock. The essays in this outlook collectively foster a broad approach to and definition of public investment, that is today more relevant than ever. Offering up a timely and clear case for the elimination of bias against investment in European fiscal rules, this outlook is a welcome contribution to the European debate, aimed both at policy makers and general readers."--Publisher's website.

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