In such conditions, if faced with a new crisis, we will be far more vulnerable now than we were ten years ago. There remain some fundamental aspects of the banking union that need to be finalized, such as the resolution fund – still without sufficient coverage – and the deposit insurance scheme – yet to be instituted.
Economists have the task of making an effective contribution to the evaluation of the effects of existing policies and collaborating in the design of measures based on the available evidence. Carbon taxation and emission quotas have proven to be useful instruments in discouraging the use of fossil fuels.