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The role of trade credit financing in international trade

Eck, K, Engemann, M. & Schnitzer, M. (2015) “The role of trade credit financing in international trade“, VoxEU Organisation, 20 Απριλίου 2015.   Credits extended bilaterally between firms, so called trade credits, are particularly expensive yet many firms use it, especially for international transactions. This column argues that such cash-in-advance financing serves as a credible signal of quality. Data from a unique survey of German firms show that it fosters …Read More

Antitrust, Regulation and the Neutrality Trap: A plea for a smart, evidence-based internet policy

Renda, A. (2015) “Antitrust, Regulation and the Neutrality Trap: A plea for a smart, evidence-based internet policy, CEPS Special Report Νο. 104, 17 Απριλίου.   When they look at Internet policy, EU policymakers seem mesmerised, if not bewitched, by the word ‘neutrality’. Originally confined to the infrastructure layer, today the neutrality rhetoric is being expanded to multi-sided platforms such as search engines and more generally online intermediaries. Policies for search …Read More

Πλέοντας σε φουρτουνιασμένες θάλασσες. Πώς να αποφεύγουμε μελλοντικές κρίσεις [Βίντεο]

Πλέοντας σε φουρτουνιασμένες θάλασσες. Πώς να αποφεύγουμε μελλοντικές κρίσεις [Βίντεο], European Commission Audiovisual Services, Πέμπτη, 16 Απριλίου, 2015.   Η Ευρώπη βγαίνει από τη μεγαλύτερη οικονομική κρίση που γνώρισε ποτέ η παγκόσμια οικονομία μετά τη μεγάλη ύφεση με νέους κοινούς θεσμούς και με μεγαλύτερη δέσμευση όσον αφορά τη συνυπευθυνότητα και την αλληλεγγύη. Γιατί ξέσπασε η κρίση και πώς αντέδρασε η Ευρώπη.

Three waves of convergence. Can Eurozone countries start growing together again?

Buti, M. & Turrini, A. (2015) “Three waves of convergence. Can Eurozone countries start growing together again?“, VoxEU Organisation, 17 Απριλίου.   An oft expressed view is that the Eurozone is a straitjacket on periphery members and income convergence has slowed, halted or reversed.  This column argues that EZ convergence never stopped. What changed was the type of convergence. Today’s convergence is neither nominal nor real, it is structural.  Structural …Read More

Dynastic Inequality, Mobility and Equality of Opportunity

Ravi Kanbur & Joseph E. Stiglitz (2015) “Dynastic Inequality, Mobility and Equality of Opportunity“, Centre for Economic Policy Research (CEPR), Discussion Paper No. 10542, Απρίλιος.   One often heard counter to the concern on rising income and wealth inequality is that it is wrong to focus on inequality of outcomes in a “snapshot.” Intergenerational mobility and “equality of opportunity”, so the argument goes, is what matters for normative evaluation. In …Read More

World Economic Outlook (WEO) Uneven Growth: Short- and Long-Term Factors

World Economic Outlook (WEO) Uneven Growth: Short- and Long-Term Factors, International Monetary Fund: World Economic and Financial Surveys, 15 Απριλίου 2015.   Global growth remains moderate, with uneven prospects across the main countries and regions. It is projected to be 3.5 percent in 2015, in line with forecasts in the January 2015 World Economic Outlook (WEO) Update. Relative to last year, the outlook for advanced economies is improving, while growth …Read More

The crisis and its impact on unemployed people in Europe Qualitative survey in seven EU Member States

Paugam, S. (2015) “The crisis and its impact on unemployed people in Europe Qualitative survey in seven EU Member States“, Final report for the European Commission DG Employment, Social Affairs and Inclusion, 15 Απριλίου.   As part of the package on “Coping strategies with crisis”, this study analyses experiences of unemployment in a recession and is based on a qualitative survey of a sample of over a hundred unemployed people from …Read More

A New Start for the Eurozone: Dealing with Debt – Monitoring the Eurozone 1

Corsetti, G., Feld, P. L., Lane, R. P., Reichlin, L., Rey, H., Vayanos, D. & Weder di Mauro, B. (2015) “A New Start for the Eurozone: Dealing with Debt – Monitoring the Eurozone 1“, Centre for Economic Policy Research, 15 Απριλίου.   Foreword Recent Eurozone growth has been sporadic and hesitant, and confidence in the recovery is marred by concerns over returning financial instability and long periods of little or …Read More

The Eurozone crisis and the transformation of EU governance: internal and external implications

Rodrigues, Maria João. & Xiarchogiannopoulou, Eleni. & EBSCOhost. (2014). The Eurozone crisis and the transformation of EU governance: internal and external implications. Farnham, Surrey, UK ; Burlington, VT: Ashgate, 15 Απριλίου.   To βιβλίο περιλαμβάνει τα εξής επιμέρους κεφάλαια:     Transcending or descending? : European integration in times of crisis / Zoe Lefkofridi & Philippe Schmitter Economic crisis and the internationalisation of EU competition policy / Michelle Cini The transformation of …Read More

Europe’s challenging economic integration: Insights from a new index

Dorrucci, E., Ioannou, D., Mongelli, F. P. & Terzi, A. (2015) “Europe’s challenging economic integration: Insights from a new index“, VoxEU Organisation, 15 Απριλίου.   Despite a significant progress over the past decades, European integration still needs improvement in some areas. This column presents a long-term narrative of European integration by using a recently published European index of regional institutional integration. The index maps developments in European integration from 1958 …Read More