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Southern Europe is suspicious: the evolution of trust in the EU

Bowles, J. (2014) “Southern Europe is suspicious: the evolution of trust in the EU“, Bruegel Think Tank, 14 Μαΐου.   Analysis of the eurozone crisis and its consequences has started to consider its social, as well as political and economic, dimensions. Bruegel analysis, for example, has considered distributional challenges, effects on poverty levels, social security systems, and changes in confidence towards political institutions. Academic economic research into the significance of …Read More

Διακυβέρνηση του ΕΣΠΑ και δημόσιες πολιτικές στην Ελλάδα

Ανδρέου, Γ. (2014) “Διακυβέρνηση του ΕΣΠΑ και δημόσιες πολιτικές στην Ελλάδα“, South and East European Development Center, 5 Απριλίου.   Αντικείμενο της εισήγησης είναι η μελέτη των αλληλεπιδράσεων ανάμεσα στις υφιστάμενες προτεραιότητες πολιτικής της Ελλάδας και στη διαδικασία προγραμματισμού για τη νέα πολιτική συνοχής στην Ελλάδα (2014-2020). Υπό το πρίσμα αυτό, αναπτύσσονται δύο άξονες προβληματισμού. Πρώτον, αξιολογείται η επιχειρησιακή προστιθέμενη αξία αυτής καθεαυτής της διαδικασίας προγραμματισμού. Με άλλα λόγια, επιχειρείται …Read More

Fiscal multiplier, automatic stabilizers and public debt: A simulation exercise for Greece

Monokroussos, P. (2014) “Fiscal multiplier, automatic stabilizers and public debt: A simulation exercise for Greece“, Greece Macro Monitor, Eurobank Global Markets Research, 12 Μαΐου.   While a vast volume of theoretical and empirical work exists on the effects of fiscal policy on economic activity, the feedback effect from growth to fiscal aggregates, and in particular to government debt, has received less attention. This issue is becoming increasingly important in this …Read More

Supporting Access to Finance by SMEs: Mapping the initiatives in five EU countries

Infelise, F. (2014) “Supporting Access to Finance by SMEs: Mapping the initiatives in five EU countries“, Financial Markets, ECMI Research Reports, CEPS, 23 Απριλίου.   This paper maps the initiatives to support access to finance for small- and medium-sized enterprises (SMEs) that were available at national level in 2012 in the five biggest European economies (Germany, France, the UK, Italy and Spain). This mapping distinguishes initiatives promoted and financed primarily …Read More

The ‘Personalisation’ of the European Elections: A half-hearted attempt to increase turnout and democratic legitimacy?

Piedrafita, S. & Renman, V. (2014) “The ‘Personalisation’ of the European Elections: A half-hearted attempt to increase turnout and democratic legitimacy?“, Politics and Institutions, EPIN Papers, Centre for European Policy Studies (CEPS), 11 Απριλίου.   On May 22nd to the 25th, elections to the European Parliament are taking place throughout the European Union. Following a recent EP initiative, most of the European political parties have selected top candidates for the position …Read More

Ever closer or ever wider? Public attitudes towards further enlargement and integration in the European Union

Hobolt, S. B. (2014) “Ever closer or ever wider? Public attitudes towards further enlargement and integration in the European Union“, Routledge Publications, Journal of European Public Policy, Vol. 21, No. 5, pp. 664-680, 28 Απριλίου.   Proponents of the European project often portray further enlargement of the European Union as a complement to the process of building an ever closer union. The eurozone crisis, however, has highlighted the risks associated …Read More

Europe’s Crisis Treadmill

Eichengreen, B. (2014) “Europe’s Crisis Treadmill“, Project Syndicate, 12 Μαΐου.   BERKELEY – This month marks the fourth anniversary of the May 2010 financial rescue of Greece. Previously, the idea that a eurozone member would seek emergency assistance from the International Monetary Fund, along with the European Commission and the European Central Bank, was unthinkable. The rescue thus marked Europe’s descent into full-blown crisis. Four years later, European officials are …Read More

Social Europe – In Europe Or In The Member States?

Kowalsky, W. (2014) “Social Europe – In Europe Or In The Member States?”, Social Europe Journal, 12 Μαΐου.   A solution to save Social Europe by going back to the Member States is the key message of a recent contribution by Paul de Beer. Reading the “Roadmap to a Social Europe”, which shows a maze on its cover, he gets the impression that not so much is clear in the …Read More

Is It Time To End Fractional Reserve Banking?

Aziz, J. (2014) “Is It Time To End Fractional Reserve Banking?“, Pieria Network, 12 Μαΐου.   The moment you realize that the financial system has an inherent fragility at its heart — that people can simply lose confidence in the system, withdraw their deposits en mass, and because banks only keep a fraction of their deposits on hand cause a liquidity crisis where the bank runs out of money — …Read More

European Productivity, Innovation and Competitiveness: The Case of Italy

Tiffin, Α. (2014) “European Productivity, Innovation and Competitiveness: The Case of Italy“, IMF Working Paper, Strategy,Policy and Review Department, Μάιος.   In Italy, price-based competitiveness measures are not always an accurate predictor of trade outcomes. This paper offers a more comprehensive assessment of Italian competitiveness, focusing on the role of innovation and the evolution of Italy’s export market share. Overall, Italy maintains a high-quality export mix, and the adaptability of …Read More