Morehouse, C. & Busse, M. (2014) “How to keep a competitive edge in the talent game: Lessons for the EU from China and the US“, Economic Policy, CEPS Task Force Reports, 13 Ιουνίου. This report is based on discussions within the CEPS Task Force on “The Quantity and Quality of Human Capital in Higher Education: Comparing the EU, the US and China”, chaired by Jan-Eric Sundgren, Senior Adviser to the CEO …Read More
Mitchell, B. (2014) “IMF attacks the Stability and Growth Pact“, Bill Mitchell Blog, 26 Ιουνίου. The IMF recently called on the euro-zone leaders to In its 2014 Consultation – 2014 Article IV Consultation with the Euro Area Concluding Statement of the IMF Mission – (an annual event the IMF does with each contributing member) the IMF said that the Stability and Growth Pact (SGP) in the euro-zone “has become …Read More
Pascouau, Y. (2014) “The European Council’s strategic guidelines and immigration: can the EU be bold and innovative?“, European Policy Centre Commentary, 25 Ιουνίου. The agenda of the June 2014 EU Summit will be particularly heavy. Alongside issues related to the conclusion of the European Semester, the climate and energy framework, possible debates about Ukraine, Iraq and Syria, EU leaders will have to decide on two key dossiers: the nomination …Read More
Esposito, M. & Tse, T. (2014) “Income Inequality and Youth Unemployment“, Project Syndicate, 25 Ιουνίου. With Thomas Picketty’s controversial book Capital in the Twenty-First Century topping several bestseller lists, income inequality – which has been on the rise since the 1970s – is once again capturing global attention. Debate surrounding the subject has covered many of the trend’s repercussions, including decreased social cohesion, growing slums, exploitation of labor, and …Read More
Wolff, B. G. (2014) “Europe needs new investment, not new rules – the EU must avoid another useless fight over its fiscal rules and instead use political capital to foster growth“, Bruegel Institute, 25 Ιουνίου. As the European Council meets in Brussels this week, the big debate on what a new policy deal for Europe could look like has re-emerged. Opponents group themselves around the famous “stability” vs “growth” …Read More
Springford, J., Tilford, S. & Whyte, P. (2014) “The economic consequences of leaving the EU, The final report of the CER commission on the UK and the EU single market“, Centre for European Reform, 09 Ιουνίου. The economic case for British membership of the EU has always rested on the country’s participation in the single market. After British Prime Minister David Cameron pledged a referendum on the UK’s continued …Read More
Fontagné, L., Mohnen, P. and Wolff, G. (2014), ” No Industry, no Future?“, Bruegel, 19 Ιουνίου. In a context of weak growth, high unemployment, unbalanced public finances and persistent external deficit,we are witnessing the return of a proactive approach to industrial policy and, even in France the return of direct intervention in industry. Sector-focused public intervention is thus once again conceivable, while industry is once more perceived as a reservoir …Read More
Oliver, T. (2014) “A ‘Brexit’ would have important implications at the European and international levels“, LSE EUROPP, 24 Ιουνίου. The implications of a ‘Brexit’ for the UK have been widely discussed, but the implications for the EU and other international powers have arguably received less attention. Tim Oliver explores the complex set of possibilities and implications at the European and international levels that both the UK and EU need …Read More
M. Buch, C., Chapman, J. & Goldberg, L. (2014) “Transmission of liquidity risk through global banks: An International Banking Research Network project“, VoxEU Organisation, 24 Ιουνίου. The international transmission of liquidity shocks is one of the key questions of banking globalisation. This column discusses a project of central bank researchers from around the world who have been exploring the role of global banks in the transmission of liquidity shocks. …Read More
Kerry, W., Portier, J., Ruggerone, L. & Verkoren, C. (2014) “What a Drag: The Burden of Nonperforming Loans on Credit in the Euro Area“, iMFdirect, 23 Ιουνίου. High and rising levels of nonperforming loans in the euro area have burdened bank balance sheets and acted as a drag on bank profits. Banks, striving to maintain provisions to cover bad loans, have had fewer earnings to build-up their capital buffers. This …Read More
