Fondazione GRINS
Growing Resilient,
Inclusive and Sustainable
Galleria Ugo Bassi 1, 40121, Bologna, IT
C.F/P.IVA 91451720378
Finanziato dal Piano Nazionale di Ripresa e Resilienza (PNRR), Missione 4 (Infrastruttura e ricerca), Componente 2 (Dalla Ricerca all’Impresa), Investimento 1.3 (Partnership Estese), Tematica 9 (Sostenibilità economica e finanziaria di sistemi e territori).
GRINS THEMATIC AREAS
RESOURCES
The study uses stochastic modelling to evaluate fiscal risks stemming from demographic changes in five European Union countries—Finland, France, Germany, Italy, and Spain—between 2023 and 2054.
The modelling approach builds upon the risk management framework Zenios and Consiglio et al. (2021) developed, offering robust strategies to mitigate debt sustainability risks in the face of uncertainty. Particular attention is given to Italy, a country facing significant demographic and fiscal challenges.
AKNOWLEDGEMENTS
This study was funded by the European Union - NextGenerationEU, in the framework of the GRINS - Growing Resilient, INclusive and Sustainable project (GRINS PE00000018). The views and opinions expressed are solely those of the authors and do not necessarily reflect those of the European Union, nor can the European Union be held responsible for them.
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