Investing in the Structural Transformation: 2024 European Public Investment Outlook highlights the urgent need for strategic, well-coordinated public investment in the EU. It emphasizes industrial policy focused on sustainability, innovation, and resilience. Featuring country analyses and thematic insights, the volume calls for stronger EU integration, long-term planning, and public-private collaboration to address climate change, technological gaps, and global competitiveness challenges.
This document explores the urgent need for increased and better-coordinated public investment across the European Union. In the context of global economic shifts, climate change, and geopolitical tensions, this volume advocates for a renewed industrial policy focused on sustainability, innovation, and strategic autonomy. Drawing on the findings of the Draghi and Letta reports, the book emphasizes the importance of European Public Goods—particularly in climate and R&D—and the role of public policy in crowding in private investment. With country-specific case studies (France, Germany, Italy, Spain) and thematic chapters on defence, mobility, and fiscal frameworks, the Outlook calls for a multidimensional, EU-level investment strategy. It argues for rethinking macroeconomic frameworks to allow proactive state involvement and long-term planning. The publication is a call to action for policymakers to prioritize transformative investments to ensure Europe’s competitiveness, resilience, and social cohesion in the 21st century.
