Skip to main content
About HEC About HEC
Summer School Summer School
Faculty & Research Faculty & Research
Master’s programs Master’s programs
Bachelor Programs Bachelor Programs
MBA Programs MBA Programs
PhD Program PhD Program
Executive Education Executive Education
HEC Online HEC Online
About HEC
Overview Overview
Who
We Are
Who
We Are
Egalité des chances Egalité des chances
HEC Talents HEC Talents
International International
Sustainability Sustainability
Diversity
& Inclusion
Diversity
& Inclusion
The HEC
Foundation
The HEC
Foundation
Campus life Campus life
Activity Reports Activity Reports
Summer School
Youth Programs Youth Programs
Summer programs Summer programs
Online Programs Online Programs
Faculty & Research
Overview Overview
Faculty Directory Faculty Directory
Departments Departments
Centers Centers
Chairs Chairs
Grants Grants
Knowledge@HEC Knowledge@HEC
Master’s programs
Master in
Management
Master in
Management
Master's
Programs
Master's
Programs
Double Degree
Programs
Double Degree
Programs
Bachelor
Programs
Bachelor
Programs
Summer
Programs
Summer
Programs
Exchange
students
Exchange
students
Student
Life
Student
Life
Our
Difference
Our
Difference
Bachelor Programs
Overview Overview
Course content Course content
Admissions Admissions
Fees and Financing Fees and Financing
MBA Programs
MBA MBA
Executive MBA Executive MBA
TRIUM EMBA TRIUM EMBA
PhD Program
Overview Overview
HEC Difference HEC Difference
Program details Program details
Research areas Research areas
HEC Community HEC Community
Placement Placement
Job Market Job Market
Admissions Admissions
Financing Financing
FAQ FAQ
Executive Education
Home Home
About us About us
Management topics Management topics
Open Programs Open Programs
Custom Programs Custom Programs
Events/News Events/News
Contacts Contacts
HEC Online
Overview Overview
Executive programs Executive programs
MOOCs MOOCs
Summer Programs Summer Programs
Youth programs Youth programs
Faculty & Research

Armin Steinbach and a group of economists and lawyers propose blueprint for reforming Europe

A team of leading economists and lawyers specialising in EU affairs propose an ambitious yet feasible blueprint for reforming the European macroeconomic policy system in a CEPR Policy Insight.

The authors highlight three key policy fields for reform: the relationship between the monetary
and the fiscal pillar, the fiscal rules themselves and the legacy of the Next Generation EU initiative. In each case, the state of the policy architecture is examined, proposals for reforms are made and the corresponding legal requirements are assessed.

The authors are Miguel Maduro (European University Institute and Católica Global Law School), Philippe Martin (Sciences Po and CEPR), Jean-Claude Piris (Piris Consulting), Jean Pisani-Ferry (European University Institute, Bruegel, PIIE and CEPR), Lucrezia Reichlin (London Business School and CEPR), Armin Steinbach (HEC Paris), and Beatrice Weder di Mauro of Graduate Institute, Geneva, Emerging Markets Institute, INSEAD and CEPR.

The authors published their proposal in op-eds published in Le Monde (in French) and in Frankfurter Allgemeine Zeitung (in German).

Find more insights by Professor Armin Steinbach on Knowledge@HEC.