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Geneva Reports on the World Economy 15: Exit Strategy (CEPR flashback 2)The E

The Editors, (2017), «Geneva Reports on the World Economy 15: Exit Strategy (CEPR flashback 2)», VoxEu, 8 Απριλίου Central banks are now moving towards exiting from quantitative easing and other unconventional monetary policies. This column highlights a 2013 CEPR/ICMB report that examined the policy challenges surrounding this difficult and unprecedented task. It explores ways policymakers could handle exit and its long-run implications. This is part of the CEPR Flashbacks series that …Read More

Why far right parties do well at times of crisis: the role of labour market institutions

Vlandas, Tim, Halikiopoulou, Daphne, (2016), «Why far right parties do well at times of crisis: the role of labour market institutions», European Trade Union Institute, Ιούλιος The far right is on the rise in many western and eastern European countries. The 2008 Eurozone crisis is an obvious source of blame for this phenomenon; indeed, a large body of literature suggests that economic malaise prompts support for far right parties. This conventional wisdom, however, is …Read More

Europe and the people: Examining the EU’s democratic legitimacy

Hug, Adam, (2016), «Europe and the people: Examining the EU’s democratic legitimacy», The Foreign Policy Centre, Ιούνιος The European Union finds itself at a critical juncture. The long-term political impacts of the 2008 economic crisis and the rising pressures of globalisation have helped to drive public distrust in traditional sources of influence and authority. As a supranational institution trying to bring together the disparate wills of 28 member state publics …Read More

Policy options and risks of an extension of the ECB’s quantitative easing programme: An analysis

Gerba, Eddie, Macchiarelli, Corrado, (2016), «Policy options and risks of an extension of the ECB’s quantitative easing programme: An analysis», European Parliament, Φεβρουάριος During the press conference on 3 December 2015, president Mario Draghi reiterated the readiness of the ECB to adopt additional measures in order to maintain an appropriate degree of monetary accommodation. Different options are available, including the increase in the amount of monthly purchases of assets, currently set at 60 …Read More

Reality Check for the Global Economy

Acalin, Julien, Blanchard, Olivier, et al., (2016), «Reality Check for the Global Economy», PIIE Briefing 16-3, Μάρτιος. After five years of disappointing recovery throughout the major economies, almost everyone is ready to believe the worst. The widespread large declines in global asset prices indicate a significant divergence between what financial markets fear and what most mainstream macroeconomic forecasts are showing for the world economy. Having some clarity to distinguish between the more solid underlying economic …Read More

Europe’s Untapped Capital Market: Rethinking integration after the great financial crisis

Valiante, Diego, (2016), «Europe’s Untapped Capital Market: Rethinking integration after the great financial crisis», Final Report of the European Capital Markets Experts Group, Ceps, Φεβρουαρίος In the aftermath of the great financial crisis, the lack of risk diversification in the European financial system, i.e. limited cross-border banking and capital markets activities, is the main cause of the fast retrenchment of capital flows within national boundaries. Europe needs private risk sharing …Read More

European Bank Resolution: Making it work!

Ceps, (2016), «European Bank Resolution: Making it work!», Interim Report of the Ceps Task Force on Implementing Financial Sector Resolution, Ιανουάριος From the start of 2016, new rules for bank resolution are in place – as spelled out in the Bank Recovery and Resolution Directive (BRRD) – across the EU, and a new authority (the Single Resolution Board, or SRB) is fully operational for resolving all banks in the eurozone.The …Read More

Progress towards meeting the economic criteria for EU accession: the EU Commission’s 2015 assessments

European Commission, (2015), «Progress towards meeting the economic criteria for EU accession: the EU Commission’s 2015 assessments», Institutional Papers 015, Δεκέμβριος A compilation of the economic chapters of the European Commission’s 2015 Country Reports on countries looking to join the EU. Σχετικές Αναρτήσεις Forgó, Balázs, Jevčák, Anton, (2015), «Economic Convergence of Central and Eastern European EU Member States over the Last Decade (2004-2014)», European Commission publications, Discussion Paper 001, JULY 2015 Gross, Marco, Poblacion, …Read More

Ετήσια Επισκόπηση της Ανάπτυξης για το 2016: Ενίσχυση της ανάκαμψης και προώθηση της σύγκλισης

Ευρωπαϊκή Επιτροπή – Δελτίο Τύπου, (2015), «Ετήσια Επισκόπηση της Ανάπτυξης για το 2016: Ενίσχυση της ανάκαμψης και προώθηση της σύγκλισης», European Commission, Βρυξέλλες, 26 Νοεμβρίου. Η Ετήσια Επισκόπηση της Ανάπτυξης δρομολογεί τον ετήσιο κύκλο της οικονομικής διακυβέρνησης. Καθορίζει τις γενικές οικονομικές και κοινωνικές προτεραιότητες της ΕΕ και παρέχει κατευθύνσεις πολιτικής στα κράτη μέλη για το επόμενο έτος. Οι πολιτικές προκλήσεις διαφέρουν μεταξύ των χωρών και, ως εκ τούτου, θα διαφέρει και …Read More

Tax reforms in EU Member States 2015-Tax policy challenges for economic growth and fiscal sustainability

European Commission, (2015),»Tax reforms in EU Member States 2015-Tax policy challenges for economic growth and fiscal sustainability», Directorate General for Economic and Financial Affairs (ECFIN) and Directorate General for Taxation and Customs Union (TAXUD), European Economy/Institutional Paper 008/September 2015, Νοέμβριος. The report ‘Tax reforms in EU Member States’ serves four main purposes. Firstly, it reviews the most important tax reforms recently implemented in EU Member States. Secondly, it discusses a number …Read More