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Latest publications selection

The end of social Europe? Understanding EU social policy change

Graziano P., Hartlapp M., (2018), “The end of social Europe? Understanding EU social policy change”, Journal of European Public Policy, DOI: 10.1080/13501763.2018.1531911, 26 October The financial and economic crisis has increased attention on EU social policy, yet little policy change has been realized. Drawing on Easton’s political system approach, we differentiate demand emanating from the difficult situation following the crisis and support in form of the 2004, 2009 and 2014 European elections. …Read More

Authority Under Construction: The European Union in Comparative Political Perspective

Kathleen R. McNamara, (2018), “Authority Under Construction: The European Union in Comparative Political Perspective”, Journal of Common Market Studies, Volume 56, Issue 7, 23 August Moravcsik’s liberal intergovernmentalism irrevocably upgraded the rigour of European Union scholarship by categorizing the EU as an international organization, and analyzing it in terms of general theories of international relations. The deepening of European governance has meant, however, that the EU today is better understood …Read More

Preferences, Power and Institutions in 21st‐century Europe*

Andrew Moravcsik, (2018), “Preferences, Power and Institutions in 21st‐century Europe”, Journal of Common Market Studies, Volume 56, Issue 7, September 2018 After twenty‐five years, few scholars still dispute the leading role of Liberal Intergovernmentalism (LI) in theorizing EU history. Yet some question whether it can explain Europe’s recent evolution. This article argues that LI retains its place as a ‘baseline’ integration theory. It is uniquely able to provide credible micro‐foundations …Read More

Europe’s Coming Year of Reckoning

Joschka Fischer, (2018), “Europe’s Coming Year of Reckoning”, Project Syndicate, 30 October It is no exaggeration to say that 2019 will be the year that makes or breaks the European Union. As if Brexit and a mounting Italian debt crisis were not enough, European voters will also go to the polls to decide whether to hand over the reins of the EU to nationalists who would destroy it from within. …Read More

The European Commission should accept democratic change in Italy

Paul De Grauwe, (2018), “The European Commission should accept democratic change in Italy”, VoxEU, 30 October 2018 Since the euro area’s debt crisis in 2010, the European Commission has seen a dramatic increase in its power to supervise and control national budgets. This development was motivated by the will of the creditor countries to impose budgetary discipline on the debtor countries, such as Greece, Ireland, Spain and Portugal. As a …Read More

Brexit: The next big 5 things to watch

Tim Haughton and Anand Menon, (2018), “Brexit: The next big 5 things to watch”, Washington Post, 29 October However, the actual prospect of Brexit may start to sharpen minds. A punitive Brexit could have long-term political and economic consequences not just for relations between the E.U. and Britain but also the wider geopolitical and security landscape in Europe. If the British people felt they were being punished by the E.U., …Read More

Italy’s Budget Isn’t as Crazy as It Seems

Ashoka Mody, (2018), “Italy’s Budget Isn’t as Crazy as It Seems”, Bloomberg Economics, 26 October Europe’s leaders have come down hard on Italy for its plans to increase spending with the aim of boosting growth and helping the poor. What they fail to recognize is that a little stimulus might be just what the Italian economy needs. The outlook for the global economy is deteriorating more rapidly than forecasters realize. …Read More

Reforming the EU fiscal framework: A proposal by the European Fiscal Board

Beetsma R., Thygesen N., Cugnasca A., Orseau E. , Eliofotou P., Santacroce S., (2018), “Reforming the EU fiscal framework: A proposal by the European Fiscal Board”, VoxEU.org, 25 October While today the need for fiscal rules is higher than ever, it is increasingly recognised that the Stability and Growth Pact (SGP) is not up to its task and requires a deep overhaul. In 2016, the Dutch presidency of the Council …Read More

The Italian Budget: A Case of Contractionary Fiscal Expansion?

Blanchard O., Zettelmeyer J, (2018), “The Italian Budget: A Case of Contractionary Fiscal Expansion?”, Peterson Institute for International Economics, 25 October Ιtaly’s government is in a standoff with the European Commission over its first budget proposal. Rather than reducing the public deficit, as the previous government had promised, the new government plans to increase it significantly. Because Italy’s debt is very high—over 130 percent of GDP—the proposed budget violates EU …Read More

Boosting investment in Greece

Barkas, P. and M. Pisu (2018), “Boosting investment in Greece”, OECD Economics Department Working Papers, No. 1506, OECD Publishing, Paris Aggregate investment has declined markedly over the crisis and has yet to recover. Reviving domestic and foreign investment is crucial to supporting the economic recovery, deepen Greece’s integration into global value chains and raising living standards. This will hinge primarily on improving the business environment, by lifting barriers to product …Read More