Faist, Τ. (2014) “On the transnational social question: How social inequalities are reproduced in Europe“, Journal of European Social Policy, Vol. 24, No. 3, σσ. 207-222, Ιούλιος. What are the consequences of cross-border employment and social protection practices for social inequalities in Europe? The transnational social question is a multifaceted one: it is linked not only to inequalities generated by heterogeneities such as class, gender, ethnicity, legal status and …Read More
Fact of the week: Only 8% of banks says they will need to raise capital after AQR – the ECB’s Asset Quality Review in the eyes of bankers
Merler, S. (2014) “Fact of the week: Only 8% of banks says they will need to raise capital after AQR – the ECB’s Asset Quality Review in the eyes of bankers“, Bruegel Institute, 27 Ιουνίου. In December, we wrote a paper about the ECB’s comprehensive assessment and its aftermath. We identified significant uncertainty about the recapitalisation needs that would be identified by the ECB’s comprehensive assessment. Ernst and Young …Read More
Pay in Europe in the 21st century
Aumayr‑Pintar, C.; Cabrita, J.; Fernández‑Macías, E. & Vacas‑Soriano, C. (2014) “Pay in Europe in the 21st century“, European Foundation for the Improvement of Living and Working Conditions, Eurofound Research Project, Publications Office of the European Union, Luxembourg: Ιούνιος. The issue of wages has attracted particular attention at European level since the onset of the economic crisis. Changes in economic governance, notably within the European semester, have prompted discussions on …Read More
The magnetic pull of Europe’s soft power
Samadashvili, S. (2014) The magnetic pull of Europe’s soft power, EU Observer, Opinion Article, 27 Ιουνίου. As Georgia, Moldova, and Ukraine finalise association and free trade (DCFTA) agreements with Europe today (27 June), these Eastern Partners, together with the EU, are proving that while geography is destiny, history does not have to be so. The EU’s Eastern Partnership policy is the bridge which connects Europe to countries which were …Read More
How to keep a competitive edge in the talent game: Lessons for the EU from China and the US
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
Lessons from the 2012 Greek debt restructuring
Xafa, M. (2014) “Lessons from the 2012 Greek debt restructuring“, VoxEU Organisation, 25 Ιουνίου. The 2012 Greek debt restructuring was the largest one in the history of sovereign defaults. This column discusses the lessons from this historically unprecedented episode. Delaying the restructuring implied that externally held debt remained higher than it would have been otherwise. Supportive crisis management is necessary for smooth restructuring to take place in a currency …Read More
IMF attacks the Stability and Growth Pact
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
The European Council’s strategic guidelines and immigration: can the EU be bold and innovative?
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
Income Inequality and Youth Unemployment
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
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
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