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Steering and Monitoring the Recovery and Resilience Plans: Reading between the lines

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  • Corti, Francesco
  • Núñez Ferrer, Jorge

Abstract

This paper provides an extensive account of the procedures and rules of the Recovery and Resilience Facility. It analyses the European Commission’s guidance and offers insights into how the process is being steered and how the implementation of the NRRPs will be monitored. The aim is to highlight not only the opportunities, but also the pitfalls of the RRF governance system. We find a number of difficulties on which member states and the European Commission should focus. A major risk is getting lost in administrative procedures and taxonomy exercises, and neglecting the fundamental pillar for a successful recovery, namely structural reforms that have a direct and lasting impact on the stability and resilience of the European economies and that are in line with EU priorities.

Suggested Citation

  • Corti, Francesco & Núñez Ferrer, Jorge, 2021. "Steering and Monitoring the Recovery and Resilience Plans: Reading between the lines," CEPS Papers 33011, Centre for European Policy Studies.
    • Handle: RePEc:eps:cepswp:33011
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    File URL: https://www.ceps.eu/wp-content/uploads/2021/04/Recovery-and-Resilience-Reflection-Paper-No-2.pdf
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    References listed on IDEAS

    as
    1. Núñez Ferrer, Jorge, 2021. "Avoiding the Main Risks in the Recovery Plans of Member States," CEPS Papers 32463, Centre for European Policy Studies.
    2. Jean Pisani-Ferry, 2020. "European Union recovery funds- strings attached, but not tied up in knots," Policy Contributions 38883, Bruegel.
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    Cited by:

    1. Angelou, Angelos, 2024. "Linking crises: inter-crisis learning and the European Commission’s approach to the National Recovery and Resilience Plans," LSE Research Online Documents on Economics 123867, London School of Economics and Political Science, LSE Library.
    2. Bart Vanhercke & Amy Verdun, 2022. "The European Semester as Goldilocks: Macroeconomic Policy Coordination and the Recovery and Resilience Facility," Journal of Common Market Studies, Wiley Blackwell, vol. 60(1), pages 204-223, January.

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