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Eurozone recession ends — but it’s too soon to celebrate

De Grauwe, P., (2013), “Eurozone recession ends — but it’s too soon to celebrate”, edition.cnn.com,  18 Αυγούστου. Spring is in the air. That’s the feeling in Brussels and Berlin. The latest economic numbers issued by the European Commission seem to indicate that the eurozone has slowly crawledout of the recession.

Role of Apprenticeships in Combating Youth Unemployment in Europe and the United States

Aivazova, N., (2013), “Role of Apprenticeships in Combating Youth Unemployment in Europe and the United States”, Peterson Institute for International Economics Policy Brief, N. 13-20. Many of the world’s advanced economies continue to struggle with sluggish growth and high unemployment, especially among younger workers. One reason for high unemployment in countries such as Greece, Portugal, and Spain is a mismatch between the skills demanded by employers and those available among the population. …Read More

Ireland gets the new Trio Presidency off to a propitious start

Piedrafita, S., (2013), “Ireland gets the new Trio Presidency off to a propitious start”, CEPS Commentary, 28 Αυγούστου. The Irish Presidency of the Council of the EU (January-June 2013) faced numerous challenges, not the least of which was to negotiate the financial framework for the period 2014-2020 and the reform of the Common Agricultural Policy with the European Parliament, together with the pressure to advance the banking agenda. Moreover, the …Read More

Saving Europe’s Real Hegemon

Sinn, Hans-Werner, (2013), “Saving Europe’s Real Hegemon”, www.project-syndicate.org, 28 Αυγούστου. Last June, the European Commission announced its about-face on bank restructuring. The money for recapitalizing distressed banks would now come primarily from creditors, not European taxpayers, with a pecking order to specify which lenders would be repaid first. All of this is welcome, at least in principle. In practice, however, the scheme leaves much to be desired.

The Post-Crisis Global Economy in Three Words

Pisani-Ferry, J., (2013), “The Post-Crisis Global Economy in Three Words”, www.project-syndicate.org, 28 Αυγούστου. Five years have passed since the collapse of the American investment bank Lehman Brothers triggered financial mayhem and marked the onset of the Great Recession. Though the dust may not have fully settled, three catchwords sum up what we have learned so far – and what remains to be done.

Social Protection Rights of Economically Dependent Self-employed Workers

Eichhorst, W., Kahanec, M., Kendzia, M., Wehner, C.,  et al. (2013), “Social Protection Rights of Economically Dependent Self-employed Workers”, IZA Research Report, N. 54. The study analyses the role of economically dependent self-employed workers in the labour market by taking institutional factors into account, such as labour law and social protection rights. In addition to setting out the reasons for the increase of dependent self-employed workers, the authors provide case studies across …Read More

Benchmarking Working Europe 2013

ETUI, (2013), “Benchmarking Working Europe 2013”. Widening economic and social gaps among EU member states, as well as among different groups and categories of citizens within society, are not only placing in jeopardy the future of Social Europe but threatening to undermine also the whole project of European integration. The post-2008 recession and debt crisis, helped along by EU leaders’ obstinate clinging to the failing remedies of fiscal austerity, have …Read More

The downsizing dilemmas of European employers

P van Dalen, H., Henkens, K., (2013), “The downsizing dilemmas of European employers”, www.voxeu.org, 28 Αυγούστου. In times of economic crisis, managers often take drastic measures to survive. This column presents new research on the preferences of managers from across Europe when faced with ‘downsizing’. It seems that, when recession bites, the instincts or ‘animal spirits’ of employers that were previously suppressed by prosperity or considered to be outdated resurface. …Read More

The G-20 and Central Banks in the New World of Unconventional Monetary Policy

Brookings Institution, (2013), “The G-20 and Central Banks in the New World of Unconventional Monetary Policy”. Five years after the first meeting of G-20 leaders, and decisive action by the central banks and treasuries of the world’s major economies that prevented the financial crisis of 2008-2009 from turning into a 1930’s style world-wide depression, the world economy still remains fragile. The original fiscal stimulus agreed upon in the April 3rd …Read More

What Is European Integration Really About? A Political Guide for Economists

Spolaore, En., (2013), “What Is European Integration Really About? A Political Guide for Economists“, Journal of Economic Perspectives, Vol. 27, N.3, pp. 125-44. Europe’s monetary union is part of a broader process of integration that started in the aftermath of World War II. In this “political guide for economists,” we look at the creation of the euro within the bigger picture of European integration. How and why were European institutions …Read More