Among the many things of the pre-Corona world that seem to have aged faster since the eruption of the pandemic is the macroeconomic commitment to fiscal restraint. In the last weeks, many pundits have forecast the decline of this principle in light of the massive fiscal stimuli that the post-COVID recovery will require. Will this sequence of ‘emergency Keynesianism’ rapidly followed by austerity be repeated this time?
The Policy Focus section collects articles meant to inform on the facts, the decisions and the events that shape the social dimension of the European Union. They offer in depth analyses and interpretations about the developments occurring within the EU political arena, and try to identify possibility spaces for the strengthening of the European Social Union.