Europe’s Misguided Investment Mania

12 December, 2014

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Gros, D. (2014) “Europe’s Misguided Investment Mania“, Project Syndicate Opinion Page, 11 December. The mantra in Brussels and throughout Europe nowadays is that investment holds the key to economic recovery. The lynchpin of the new European Commission’s economic strategy is its recently unveiled plan to increase investment by €315 billion ($390 billion) over the next three years. But the Commission’s proposal is misguided, both in terms of its emphasis …Read More

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Interview with Thomas Piketty: “The myth of national sovereignty helps big corporations screw us over”

12 December, 2014

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Interview with Thomas Piketty: “The myth of national sovereignty helps big corporations screw us over”, The European Magazine, 12 December. French economist Thomas Piketty has put inequality back on the map and is being hailed as the Karl Marx of the 21st century. He talked to Max Tholl and Florian Guckelsberger about a globalization gone wrong, a Eurozone parliament and our obsession with economic growth. The European: Mr. …Read More

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Mapping Statistics on Loss of Nationality in the EU: A New Online Database

12 December, 2014

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Maarten Peter Vink & Ngo Chun Luk (2014) “Mapping Statistics on Loss of Nationality in the EU: A New Online Database“, Centre for European Policy Studies, Justice and Home Affairs, Liberty and Security in Europe Paper No. 76, December. Statistics can provide a useful perspective when assessing the practical relevance of varying rules and practices on the involuntary loss of nationality across EU Member States. Yet while much progress …Read More

Library » EU » Politics » Reports

Central-bank credibility, reputation and inflation targeting in historical perspective

12 December, 2014

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Bordo, M. & Siklos, P. (2014) “Central-bank credibility, reputation and inflation targeting in historical perspective“, VoxEU Organisation, 12 December. Central bank credibility is critically linked to communication and commitment. This column analyses the historical evolution of credibility, showing its prewar peak and the subsequent dip from which it did not fully recover until the 1980s. Inflation targeting has played a key role in establishing credibility in both developed and …Read More

Library » EU » Economy » Politics » Scientific Articles

Trends in Income Inequality and its Impact on Economic Growth

10 December, 2014

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Cingano, F. (2014) “Trends in Income Inequality and its Impact on Economic Growth“, OECD Social, Employment and Migration Working Papers No.163, OECD Publishing, 09 December. In most OECD countries, the gap between rich and poor is at its highest level since 30 years. Today, the richest 10 per cent of the population in the OECD area earn 9.5 times the income of the poorest 10 per cent; in the …Read More

Library » EU » Economy » Reports

ECJ legal rulings designed to help the Eurozone are threatening the accountability of European governance

10 December, 2014

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Beck, G. (2014) “ECJ legal rulings designed to help the Eurozone are threatening the accountability of European governance“, LSE EUROPP, 10 December. One of the most controversial issues during the Eurozone crisis has been the extent to which policies aimed at resolving the crisis, such as the decision by the European Central Bank to adopt ‘Outright Monetary Transactions’ (OMT), comply with EU law. Gunnar Beck writes that the European …Read More

Library » EU » Politics » Policy Papers

Global Wage Report 2014/15

9 December, 2014

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International Labour Organisation (2014) Global Wage Report 2014/15, 05 December. The Global Wage Report 2014/15 analyses the evolution of real wages around the world, giving a unique picture of wage trends and relative purchasing power globally and by region. The 2014/15 edition examines the link between wages and inequality at the household level. It shows that wages constitute the largest single source of income for households with at least …Read More

Library » EU » Economy » Reports

The European Union Is the Global Laggard on Basel III – the Basel Committee found the EU “materially non-compliant” with Basel III

8 December, 2014

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Véron, N. (2014) “The European Union Is the Global Laggard on Basel III – the Basel Committee found the EU “materially non-compliant” with Basel III“, Bruegel Institute, 08 December. On Friday, December 5, the Basel Committee on Banking Supervision published its reports on the compliance of rules adopted last year in the European Union and in the United States with its global accord on banking regulation, adopted in 2010 …Read More

Library » EU » Politics » Policy Papers

Τhe Sense and Nonsense of Eurozone Level Democracy

5 December, 2014

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Verhelst, S. (2014) “Τhe Sense and Nonsense of Eurozone Level Democracy“, Egmont Paper 70, Royal Institute for International Relations, October. EXECUTIVE SUMMARY The democratic functioning of the EU is frequently called into question. Increasingly, the focus of this criticism is the perceived lack of legitimacy in eurozone policy-making. The eurozone has gained a firmer grip on national policy-making in recent years, but has not adapted its democratic structure to …Read More

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Putting an accurate price tag on government credit support

5 December, 2014

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Lucas, D. (2014) “Putting an accurate price tag on government credit support“, VoxEU Organisation, 05 December. Governments run the world’s largest financial institutions. The size of government activities has grown in recent decades but comprehensive estimates are unavailable. This column presents new evidence on the costs of government credit support. It argues that governments tend to understate credit costs and the consequences of that could be considerable. Cost underreporting …Read More

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