The FIRSTRUN project is a European Union funded multinational research project that aims to investigate the need for fiscal policy coordination in the EU, to assess the coherence of the recent reforms in the economic governance framework, and to identify reforms to fill possible gaps in the current EU governance framework.
To this end, the FIRSTRUN project pursues the following interrelated goals:
- To assess the effectiveness of the enhanced EU economic governance in securing fiscal sustainability and effective stabilisation;
- to quantify the importance of fiscal policy spillovers and the gains from fiscal policy coordination in the EU;
- to evaluate the potential role of new shock-absorbing mechanisms;
- to design fiscal policy strategies that take into account the rules of the reinforced Stability and Growth Pact and other components of the EU economic governance;
- to incorporate the key rules of the enhanced Economic governance into applied models that are used for practical fiscal policy evaluation;
- to investigate the institutional mechanisms for ensuring fiscal discipline, better fiscal policy coordination and how their legitimacy can be assured in the light of the growing disquiet about EU policies.
MoPAct – Mobilising the potential of active ageing in Europe
Ageing is currently understood as a time of decline, frailty and dependence and policy responses to it still reflect the historical era when retirement took place for a majority at state pension ages and post-retirement years were relatively short. Changes in the labour market and social behaviour coupled with a remarkable extension in longevity have transformed the experience of later life. The boundaries of frailty are being pushed back and, for a growing number of older Europeans, 70 is the new 50.
A multi-disciplinary team will target the key challenges of ageing:
- The continuing longevity revolution
- A shrinking and ageing labour force
- The fiscal sustainability of pensions, welfare systems and health care
- The structural lag between changes in society and subsequent changes in societal institutions and attitudes
- The rising need for long-term care
- Changing social and political roles
The European Social Policy Network (ESPN) was established in 2014 to provide the Commission with independent information, analysis and expertise on social policies.
In particular, the ESPN supports the Commission in monitoring progress towards the EU social protection and social inclusion objectives set out in the Europe 2020 strategy, including lifting at least 20 million people out of poverty and social exclusion, and in the European Semester.
The ESPN provides the Commission with:
- a comprehensive overview of policies addressing key challenges in the areas of social protection (such as pensions, health care and long-term care) and social inclusion in the countries covered, including their strengths and weaknesses
- assessments on whether the policies reflect the social investment approach.
The ESPN assists the Commission and participating countries in:
- strengthening and advancing the role of social policies in national and European policy-making
- ensuring that economic and financial policies better take into account social protection and social inclusion objectives.
In the past decade the performance of service industries has come to the forefront of research on Europe’s comparative economic performance, especially as the benefits from the use of information and communications technology (ICT) have been concentrated in these industries. The SERVICEGAP project will consider the academic and policy concerns that arise from the increasing importance of the market service sector. It will consider developments in productivity and its drivers within market services, linkages between services and manufacturing industries, innovation in delivery and the increasing internationalisation of services. The overall objective of this research is to produce a comprehensive study on the impact of market services on aggregate economic growth in the EU and its comparative performance relative to competitor regions, especially the US.Learn more
INDICSER – Indicators for Evaluating International Performance in Service Sectors
The objective of the INDICSER project was to develop indicators which provide information on the performance of service sectors in the EU. At the heart of the project were concerns that such indicators should be valid in terms of concepts, measurement methods and feasibility but should also have value in terms of their usefulness for policy. Therefore the approach adopted was to include both an EU-wide application of existing concepts and develop and experiment with new concepts. This was carried out within an overall coherent structural framework designed to address the key issues of productivity and value for money.Learn more