Related content for project "Economic Stimulus in Europe – Accelerating Progress towards Sustainable Development?" (project ID 221-09)
This paper first analyses the 2009 stimulus packages of six EU Member States – namely, Austria, Germany, France, Poland, Slovenia and the UK – with a focus on the potential of the packages to contribute to the implementation of the EU Sustainable Development Strategy (EU SDS) and the Lisbon Strategy. In Chapter 4, the paper discusses the extent to which the packages help implement the EU SDS and Lisbon strategies. Chapter 5 draws conclusions and presents recommendations. An annex provides an overview of the targets and implementation status of the EU SDS and the Lisbon Strategy.
In response to the economic crisis, many governments have adopted a number of stimulus packages. These packages present an opportunity for sustainable development, but the greater opportunity lies in the fact that the crisis provides momentum for changes of unsustainable structures. The unprecedented depth and magnitude of the economic crisis has put many structures into question that were considered untouchable before: the nationalisation of banks in some countries appeared absurd only months ago and significantly tighter regulation of financial markets was unthinkable before the fall of 2008.