This site is for archive purposes. Please visit www.eliamep.gr for latest updates
Go to Top

Βιβλιοθήκη

A Schuman compact for the euro area

Mody, A., (2013), “A Schuman compact for the euro area”, Bruegel, Bruegel Essay and Lecture Series, Νοέμβριος. Five years of crisis have pushed Europe to take emergency financial measures to cushion the free fall of distressed countries. However, efforts to turn the crisis into a spur for “an ever closer union” have met with political resistance to the surrender of fiscal sovereignty. If such a union remains elusive, a perpetual …Read More

Youth unemployment, socio-economic divergences and fiscal capacity in the euro area

Rodrigues, M.J., (2013), “Youth unemployment, socio-economic divergences and fiscal capacity in the euro area”, Notre Europe – Jacques Delors Institute, Policy Paper No.101, Νοέμβριος. While the European Heads of States and Governments, institutions, and social partners meet at the High level conference on youth employment in Paris, Notre Europe – Jacques Delors Institute publishes a Policy Paper on these issues, by Maria João Rodrigues, member of our board of directors. …Read More

Investing in Europe’s physical and knowledge infrastructure

Coulter, S., (2013), “Investing in Europe’s physical and knowledge infrastructure”, Policy Network, 21 Οκτωβρίου. Europe would benefit from extra investment in both its physical and knowledge infrastructure – the two are necessities, not alternatives.  But what are the political choices and impediments to an EU investment and growth agenda? With Europe’s debt crisis receding for the moment and the economic numbers slowly ticking up, heads are beginning to lift up …Read More

Making Markets Work

Aubrey, T., (2013), “Making Markets Work”, Policy Network, Οκτώβριος. How Effective Regulation Reduces Reliance on Taxation The complacency with which an ever increasing amount of tax payers’ money was used to counter the worst excesses of the market has weakened centre-left parties in the fall-out from the financial crisis. This form of redress is not only no longer politically viable, but it also fails to address the underlying cause of …Read More

Proposal for a Stabilisation Fund for the EMU

Delbecque, B., (2013), “Proposal for a Stabilisation Fund for the EMU”, Centre for European Policy Studies, Working Paper No.385, 14 Οκτωβρίου. This paper argues that it should be possible to complement Europe’s Economic and Monetary Union with an insurance-type shock absorption mechanism to increase the resilience of member countries to economic shocks and reduce output volatility. Such a mechanism would neither require the establishment of a central authority, nor would …Read More

How to form a more perfect European Banking Union

Ubide, A., (2013), “How to form a more perfect European Banking Union”, Peterson Institute for International Economics, Policy Brief, PB13-23, Οκτώβριος. The euro area has made significant strides in the last six months in designing a banking union. The goal has been to centralize supervisory decision making and improve the management of failing banks while protecting European taxpayers and imposing costs on creditors through so-called bail-ins to reduce moral hazard. …Read More

Reshaping Europe’s financial system

Sapir, A. and Wolf, G., (2013), “Reshaping Europe’s financial system”, Bruegel, 23 Σεπτεμβρίου. With the upcoming Asset Quality Review (AQR) by the European Central Bank, Europe has a chance to fundamentally reshape its financial system to make it both more stable and more efficient. This will require bold action not only to clean up bank balance sheets but also to set a genuine single market for financial services. Prior to …Read More

A social dimension for the EMU: why and how?

Fernandes, S. and Maslauskaite, K., (2013), “A social dimension for the EMU: why and how?”, Notre Europe Jacques Delors Institute, Policy Paper 98, Σεπτέμβριος. The debate on a social dimension for the Economic and Monetary Union (EMU) is not a new one, yet social considerations have been put on the top of the European political agenda again in the context of deep economic recession and of the reform of EMU’s …Read More

Reassessing the Role and Modalities of Fiscal Policy in Advanced Economies

IMF, (2013), “Reassessing the Role and Modalities of Fiscal Policy in Advanced Economies”, IMF Policy Paper, 17 Σεπτεμβρίου. This paper investigates how developments during and after the 2008–09 crisis have changed economists’ and policymakers’ views on: (i) fiscal risks and fiscal sustainability; (ii) the effectiveness of fiscal policy as a countercyclical tool; (iii) the appropriate design of fiscal adjustment programs; and (iv) the role of fiscal institutions. Advanced economies have …Read More

The way out of the Cyprus economic crisis

Theophanous, A., (2013), “The way out of the Cyprus economic crisis”, Notre Europe – Jacques Delors Institute, Policy Paper 96, Σεπτέμβριος. This policy paper presents the current situation in Cyprus, and proposes two scenarii of a way out of the Cyprus economic crisis: a reframing of the current Troika’s philosophy, or an eventual temporary exit from the euro area. After having analysed the current economic, political and social situation of …Read More