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The Global Talent Competitiveness Index 2015-16

Lanvin, Bruno, Evans, Paul,(2017), “The Global Talent Competitiveness Index 2015-16”, INSEAD-Adecco Group-HCLI, Ιανουάριος 2017 Since the release of the last edition of the Global Talent Competitiveness Index in January 2015 in Davos, Switzerland, much has changed with regards to talent migration, labour markets, and talent development and flow. Over the last 12 months, the many presentations that were made of the report’s findings around the world have generated significant comments …Read More

Analysis of developments in EU capital flows in the global context (3rd annual report)

  Darvas, Zsolt, Efstathiou, Konstantinos, Huttl, Pia, Schoenmaker, Dirk,  (2017), “Analysis of developments in EU capital flows in the global context (3rd annual report)”, Bruegel, 10 Ιανουαρίου Free movement of capital, which is one of the four fundamental economic freedoms of the European Union, can enhance welfare if it leads to better allocation of financial and productive resources. However, it can also be a source of vulnerability, with far-reaching spillovers. …Read More

Debt Sustainability Monitor 2016

European Commission, (2017), “Debt Sustainability Monitor 2016”, European Commission, Ιανουάριος 2017 The economic and financial crisis has left a legacy of high public debt burdens in a number of EU countries, in some cases accompanied by contemporaneously high debt in the private sector, thus making deleveraging more difficult. Furthermore, the current macroeconomic context of moderate GDP growth and very low inflation (well below the ECB objective of below but close …Read More

Approaches to the labour market integration of refugees and asylum seekers

Foti, Klara, Fromm, Andrea, (2016), “Approaches to the labour market integration of refugees and asylum seekers”, Eurofound, Δεκέμβριος Providing swift access to the labour markets of host countries is part of the solution to Europe’s refugee crisis. This report takes forward existing research on the labour market integration of refugees (those with the officially recognised status of international protection) and asylum seekers (those who have applied for international protection and …Read More

Quarterly Report on the Euro Area – No 3 (2016)

European Commission, (2016), “Quarterly Report on the Euro Area – No 3 (2016)”, Institutional Paper 046, Δεκέμβριος In his State of the Union address in September, Commission President Jean-Claude Juncker stressed that the European Union (EU) ‘is, at least in part, in an existential crisis’. He urged leaders to pull together to stop the EU unravelling in a challenging environment of low trust, rising populism and greater focus on domestic problems …Read More

The impact of uncertainty on activity in the euro area

European Central Bank, (2016), “The impact of uncertainty on activity in the euro area”, ECB, 19 Δεκεμβρίου Fluctuations in uncertainty can play an important role in shaping the economic conjuncture and outlook. This article discusses the various methods proposed in the literature to measure uncertainty and shows how these measures have evolved in the euro area. It describes the transmission channels of fluctuations in uncertainty to the economy and provides …Read More

Skill Shortage and Surplus Occupations in Europe

CEDEFOP, (2016), “Skill Shortage and Surplus Occupations in Europe“, European Centre for the Development of Vocational Training,  November 2016 European policymakers have long-standing interest in the extent, causes and consequences of skill mismatch. Problems posed by skill shortages and surpluses are of particular concern. Cedefop has developed an innovative risk-based approach that helps identify occupations that European and national policymakers should prioritise due to skill mismatch. It also provides insights into …Read More

ECB contribution to the European Commission’s consultation on the review of the EU macroprudential policy framework

European Central Bank, (2016), “ECB contribution to the European Commission’s consultation on the review of the EU macroprudential policy framework”, ECB, 12 Δεκεμβρίου The European Central Bank (ECB) welcomes the consultation on the review of the EU macroprudential policy framework and underscores the importance of macroprudential policy as a complement to monetary policy and microprudential policy.1 One of the key lessons from the financial crisis in Europe was the inadequacy …Read More

Harmonising Insolvency Laws in the Euro Area: Rationale, stocktaking and challenges

Valiante, Diego, (2016), “Harmonising Insolvency Laws in the Euro Area: Rationale, stocktaking and challenges”, CEPS, 1 Δεκεμβρίου There are four distinct areas where harmonising national insolvency frameworks could improve the functioning of the single market and the stability of the euro area. Early restructuring of businesses, bank resolution, cross-border insolvency and management of non-performing loans rely on common features of local insolvency frameworks, which can affect their legal certainty and …Read More

Survey on the Access to Finance of Enterprises in the euro area – April to September 2016

European Central Bank, (2016), “Survey on the Access to Finance of Enterprises in the euro area – April to September 2016“, ECB, Νοέμβριος This report presents the main results of the 15th round of the Survey on the Access to Finance of Enterprises (SAFE), which was conducted between 19 September and 27 October 2016. The total euro area sample size was 11,233 enterprises, of which 10,245 (91%) had fewer than 250 …Read More