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The European Commission’s Fiscal Sustainability Indicators and Their Use in the EU’s Integrated Cycle of Economic Policy Coordination

  • Katia Berti
Chapter

Abstract

The chapter presents a discussion on the indicators used by the European Commission to assess fiscal sustainability in EU Member States. In the context of the European Commission’s multi-dimensional approach to fiscal sustainability analysis, the fiscal sustainability indicators S0, S1 and S2 are designed to allow for the early identification of sustainability challenges over the short, medium and long term, so as to support the devise of appropriate policy responses. The chapter provides an analysis of the genesis of the indicators, detailing the reasons for their introduction and modification towards their current definition. A concrete example of their use in policy analysis is provided, together with a broader explanation of how these tools provide input to the EU’s integrated cycle of economic policy coordination.

Keywords

European Semester Fiscal risk Fiscal sustainability Sustainability gap indicators 

References

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Katia Berti
    • 1
  1. 1.European CommissionBrusselBelgium

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