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Working time developments in the 21st century: Work duration and its regulation in the EU

Cabrita, Jorge, Boehmer, Simon, Galli da Bino, Camilla, (2016), “Working time developments in the 21st century: Work duration and its regulation in the EU”, Eurofound, Publications Office of the European Union, 1 March. This report examines the main trends and milestones characterising the evolution of the most important aspects of collectively agreed working time in the European Union during the first decade of the 21st century. Drawing primarily on information collected by Eurofound across all …Read More

Economic Policy Reforms 2016

OECD, (2016), “Economic Policy Reforms 2016-Going for Growth Interim Report”, OECD Publishing, 26 February. Going for Growth is the OECD’s regular report on structural reforms in policy areas that have been identified as priorities to boost incomes in OECD and selected non-OECD countries (Brazil, China, Colombia, India, Indonesia, Latvia, Russian Federation and South Africa). Policy priorities are updated every two years and presented in a full report, which includes individual country notes with …Read More

Europe’s Untapped Capital Market: Rethinking integration after the great financial crisis

Valiante, Diego, (2016), “Europe’s Untapped Capital Market: Rethinking integration after the great financial crisis”, Final Report of the European Capital Markets Experts Group, Ceps, February In the aftermath of the great financial crisis, the lack of risk diversification in the European financial system, i.e. limited cross-border banking and capital markets activities, is the main cause of the fast retrenchment of capital flows within national boundaries. Europe needs private risk sharing …Read More

Unemployment, internal devaluation and labour market deregulation in Europe

Myant, Martin, Theodoropoulou, Sotiria, Piasna, Agnieszka, (2016), “Unemployment, internal devaluation and labour market deregulation in Europe”, European Trade Union Institute, January Unemployment rates in the EU rose after the economic crisis of 2008, passing 10% in 2012, but with big variations between countries. The worst afflicted had been subject to so-called policies of internal devaluation, aimed at curing unemployment by reducing wage costs. This book provides a comparative study of countries that to varying degrees …Read More

European Bank Resolution: Making it work!

Ceps, (2016), “European Bank Resolution: Making it work!”, Interim Report of the Ceps Task Force on Implementing Financial Sector Resolution, January From the start of 2016, new rules for bank resolution are in place – as spelled out in the Bank Recovery and Resolution Directive (BRRD) – across the EU, and a new authority (the Single Resolution Board, or SRB) is fully operational for resolving all banks in the eurozone.The …Read More

Fiscal Sustainability Report 2015

European Commission, (2016), “Fiscal Sustainability Report 2015”, Institutional Paper 018, European Commission’s publications, January The Fiscal Sustainability Report 2015 provides an overview of the challenges to public finance sustainability faced by Member States in the short, medium and long term. Although public finances in the EU today are more sustainable than they were at the onset of the crisis, significant challenges remain over the medium and long term because of …Read More

World Economic Outlook (WEO) Update-Subdued Demand, Diminished Prospects

World Economic Outlook (WEO) Update, (2016), “Subdued Demand, Diminished Prospects“, IMF, January. Global growth, currently estimated at 3.1 percent in 2015, is projected at 3.4 percent in 2016 and 3.6 percent in 2017. The pickup in global activity is projected to be more gradual than in the October 2015 World Economic Outlook (WEO), especially in emerging market and developing economies. In advanced economies, a modest and uneven recovery is expected to …Read More

Employment and Social Developments in Europe 2015

European Commission, (2016), “Employment and Social Developments in Europe 2015 “, European Commission publications, 21 January Success in raising employment levels and living standards in Europe depends on effective support policies as well as positive macro-economic strategies. In this respect, this year’s Employment and Social Developments review addresses a range of issues.It starts by looking at the contribution of entrepreneurship and self-employment to job creation and growth and the need …Read More

The Future of Jobs-Employment, Skills and Workforce Strategy for the Fourth Industrial Revolution

World Economic Forum, (2016), “Executive Summary: The Future of Jobs-Employment, Skills and Workforce Strategy for the Fourth Industrial Revolution”, World Economic Forum, January Disruptive changes to business models will have a profound impact on the employment landscape over the coming years. Many of the major drivers of transformation currently affecting global industries are expected to have a significant impact on jobs, ranging from significant job creation to job displacement, and from heightened …Read More

Has the euro been a failure?

Tilford, Simon, Springford, John, Odendahl, Christian, (2016), “Conference report: Has the euro been a failure?”, Centre for European Reform, 11 January. November’s conference, which brought together 50 leading economists, considered whether the euro was a failure. A host of questions were debated. How should the euro be judged? Purely by the fact that it has survived? Or by the fact that is has become a significant international reserve currency? Or by comparing what its proponents …Read More