Canton, Erik, Solera, Irune, (2016), “Greenfield Foreign Direct Investment and Structural Reforms in Europe: what factors determine investments?”, European Commission, Discussion Paper 033, June Greenfield FDI flows into EU countries account for a non-negligible share of total EU FDI. They create new capital assets and additional production capacity which are important elements to support the transition to a stronger European growth path. This project investigates determinants of greenfield FDI flows into …Read More

OECD, (2016), “OECD Regions at a Glance 2016”, OECD Publishing, 16 June OECD Regions at a Glance shows how regions and cities contribute to national economic growth and well-being. This edition updates more than 40 region-by-region indicators to assess disparities within countries and their evolution over the past 15 years. The report covers all the OECD member countries and, where data are available, Brazil, People’s Republic of China, Colombia, India, …Read More

OECD, (2016), “OECD Business and Finance Outlook 2016”, OECD, 9 June It is seven years since the global crisis and despite easy monetary policy, financial regulatory reform, and G20 resolutions favouring structural measures, the world economy is not making a lot of progress. Indeed, the responses to the crisis seem mainly to have stopped the banks from failing and then pushed the many faces of the crisis around between regions—currently …Read More

Schoenmaker, Dirk, Véron, Nicolas, (2016), “European banking supervision: the first eighteen months”, Bruegel, 8 June European banking supervision, also known as the Single Supervisory Mechanism, is the first and arguably the main component of European banking union. In late 2014, the European Central Bank became the supervisor for the region’s largest banking groups; the ECB also oversees the supervision by national authorities of smaller banks. This Blueprint is the first in-depth study of how …Read More

Bricongne, Jean-Charles, Demertzis, Maria, Pontuch, Peter, Turrini, Alessandro, (2016),  “Macroeconomic Relevance of Insolvency Frameworks in a High-debt Context: An EU Perspective”, European Commission, Discussion Paper 032, June The high level of private debt in many EU countries has put a spotlight on the role that insolvency frameworks can play in helping to address debt overhangs and clean bank balance sheets of nonperforming loans. This paper reviews the macroeconomic relevance of insolvency frameworks from an …Read More

European Central Bank, (2016), “The international role of the euro”, ECB, June This 15th annual review of the international role of the euro published by the ECB is an interim version that presents a concise overview of developments in the use of the euro by non-euro area residents. The period covered by this report is 2015 and early 2016. The developments seen in the international role of the euro during …Read More

Eurofound, (2016), “Eurofound yearbook 2015: Living and working in Europe”, Publications Office of the European Union, May Eurofound celebrated the 40th anniversary of its founding in 2015. In 1975, the then European Community set up the Agency, charging it with the task of contributing to the planning and design of better living and working conditions in Europe. The social policy agenda and priorities may have changed over those 40 years, …Read More

European Commission, (2016), “Convergence Report 2016”, European Commission, Institutional Paper 026, June Convergence Reports examine whether Member States satisfy the conditions for adopting the single currency. The 2016 Convergence Report, adopted on 7 June 2016, is a regular biennial report and examines progress with convergence in seven Member States with a derogation – Bulgaria, the Czech Republic, Croatia, Hungary, Poland, Romania and Sweden. The report concludes that none of the …Read More