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Macroeconomic adjustment programmes

Macroeconomic adjustment programmes are applied to Member States which no longer have access to financial markets and require external financial assistance.

These programmes include measures aimed at consolidating public finances and reducing macroeconomic imbalances, with the final goal of recovering financial solvency and, at the same time, promoting economic growth and job creation.

We provide research support to the evaluation of the relevant fiscal measures included in the macroeconomic adjustment programmes, by making use of microsimulation techniques. This allows the simulation of alternative tax reforms and comparison of their fiscal and redistributive effects.