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DOI10.3390/socsci13010050
Energy and Environmental Challenges in the European Union and Green Bonds
Maris, Georgios; Psychalis, Marios
发表日期2024
EISSN2076-0760
起始页码13
结束页码1
卷号13期号:1
英文摘要Could the European Union mitigate the negative effects of economic, pandemic and environmental crises using only one tool? The answer is positive, by implementing green fiscal expansion financed by green common debt, such as issuing green bonds. In this paper, we connect the independent responses to different crises into a single response that could end them. The European Union's theoretical background is based on new-classical models, but current research findings doubt new-classical orthodoxy, underling the importance of economic federalism for sustainable economic and green growth. We argue that the Economic and Monetary Union has to speed up fiscal federalism by establishing a powerful European Union common budget using green Eurobonds and implementing fiscal transfers as a mechanism to address the consequences of the triple crisis.
英文关键词green bonds; European Union Green Deal; fiscal federalism; Eurobonds
语种英语
WOS研究方向Social Sciences - Other Topics
WOS类目Social Sciences, Interdisciplinary
WOS记录号WOS:001151096000001
来源期刊SOCIAL SCIENCES-BASEL
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/291303
作者单位University of Aegean
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GB/T 7714
Maris, Georgios,Psychalis, Marios. Energy and Environmental Challenges in the European Union and Green Bonds[J],2024,13(1).
APA Maris, Georgios,&Psychalis, Marios.(2024).Energy and Environmental Challenges in the European Union and Green Bonds.SOCIAL SCIENCES-BASEL,13(1).
MLA Maris, Georgios,et al."Energy and Environmental Challenges in the European Union and Green Bonds".SOCIAL SCIENCES-BASEL 13.1(2024).
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