Everything on Fiscal Metrics

The Future Ratio provides a more accurate measure of fiscal sustainability by including human and natural capital, revealing that many EU states underinvest in long-term growth drivers compared to traditional metrics.

Impact: Adopting this metric can help policymakers and investors identify true economic resilience versus short-term fiscal stability, leading to better allocation of capital and policy focus.

— from Future Ratio: Measuring Fiscal Sustainability in Europe · bto – der Ökonomie-Podcast von Dr. Daniel Stelter· Feb 08, 2026