December 2018

Quality of Public Finance–And How to Deliver It

Top economists, leading regulators, euro aficionados and European media leaders convened for The 2018 Euro Summit: Why Quality Public Finance is Key to Prosperity – and How Governments Can Deliver It, a high-level conference hosted by the Lisbon Council in Brussels. To kick things off, Laurence Boone, chief economist of the Organisation for Economic Co-operation and Development, launched Public Finance Structure and Inclusive Growth, a new OECD policy brief which shows how growth-friendly tax reform can promote efficient and inclusive growth. Marco Buti, director-general for economic and financial affairs at the European Commission, delivered The 2018 Ludwig Erhard Lecture, providing a stunning tour d’horizon regarding Europe’s next moves on the economic front and detailing the way that sound public finance can deliver growth, promote innovation and create jobs. Niels Christoffer Thygesen, professor at University of Copenhagen, discussed the work of the European Fiscal Board, which he chairs, and the challenge of fiscal sustainability ahead. Alessandro Leipold, chief economist of the Lisbon Council, chaired the session.