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Opening of national research programs: different national answers to international pressures?

Primeri, Ε. (2015) “Opening of national research programs: different national answers to international pressures?“, Europe of Knowledge Blog, Ideas on Europe, 16 January.   In a funding and policy context as deeply changed as the European one, the opening of national research programs has become an important instrument for national governments and funding agencies to increase international collaboration and to improve the quality and efficiency of scientific research. The opening …Read More

Denmark should abandon its euro peg

Mitchell, B. (2015) “Denmark should abandon its euro peg, Bill Mitchell Blog, 21 January.   In my soon-to-be-published book on the Eurozone I examined the case of Denmark in some detail in the context of the evolution of the European Monetary System, the European Exchange Rate Mechanism (ERM), and the ratification process of the Treaty of Maastricht. Denmark was a participant in all the attempts to maintain fixed exchange rates …Read More

‘More Europe’ in 2015? For the EU, relevance on the world stage starts with common economic and security policies

Crowley, M. (2015) ‘More Europe’ in 2015? For the EU, relevance on the world stage starts with common economic and security policies, US News and World Report, 21 January.   The new year brought news that in the third quarter of 2014 the United States experienced its strongest annual growth – five percent – since 2003. Meanwhile, the European Union stagnates, managing only a 0.2 percent growth rate for the …Read More

The European Union, Nationalism and the Crisis of Europe

Friedman, G. (2015) “The European Union, Nationalism and the Crisis of Europe“, STRATFOR, 20 Ιανουαρίου.   Last week, I wrote about the crisis of Islamic radicalism and the problem of European nationalism. This week’s events give me the opportunity to address the question of European nationalism again, this time from the standpoint of the European Union and the European Central Bank, using a term that only an economist could invent: …Read More

Will R&D tax incentives get Europe growing again?

Gaillard, E. & Straathof, B. (2015) “Will R&D tax incentives get Europe growing again?“, VoxEU Organisation, 20 January.   Tax incentives have become a common policy tool for encouraging firms to spend more on research and development – and the recession has further raised interest in the effectiveness of this policy. This column highlights a new review of the empirical evidence, which suggests that fiscal incentives for R&D only modestly …Read More

We should be wary of removing the ECB from the troika to facilitate the use of outright monetary transactions

Otero Iglesias, Μ. (2015) “We should be wary of removing the ECB from the troika to facilitate the use of outright monetary transactions“, LSE EUROPP, 19 January.   A key legal debate in the context of the Eurozone crisis is whether so called ‘Outright Monetary Transactions’(OMT), which would allow the European Central Bank (ECB) to buy unlimited numbers of government bonds in secondary markets, are compatible with European law. The …Read More

SNB decision tells us that the crisis in entering a new phase

Mitchell, B. (2015) “SNB decision tells us that the crisis in entering a new phase“, Bill Mitchell Blog, 19 January.   Switzerland – home of the secret bank vaults, which house treasures stolen from people (particularly the Jewish victims) by the Nazis during WW2 and ill-gotten cash by capitalists who wish to evade scrutiny of prudential and tax authorities of their domiciled nations. Now it is the canary, which has …Read More

What Will Populism Do To Europe?

Świeboda, P. (2015) “What Will Populism Do To Europe?“, Social Europe Journal, 15 January.   There has been much wishful thinking in Europe that populism will vanish once growth rates pick up. Those who have believed in this unlikely miracle tended to assume that the populist upsurge is a natural reaction to economic misery brought about by the crisis. In this, they are only partly right. Populism is as much …Read More

From Welfare State To Innovation State

Rodrik, D. (2015) “From Welfare State To Innovation State, Social Europe Journal, 15 January.   A specter is haunting the world economy – the specter of job-killing technology. How this challenge is met will determine the fate of the world’s market economies and democratic polities, in much the same way that Europe’s response to the rise of the socialist movement during the late nineteenth and early twentieth centuries shaped the …Read More

Tear down the trade-policy silos! Or how the servicification of manufacturing makes divides in trade policymaking irrelevant

Lodefalk, Μ. (2015) “Tear down the trade-policy silos! Or how the servicification of manufacturing makes divides in trade policymaking irrelevant“, VoxEU Organisation, 16 January.   The manufacturing sector in OECD countries increasingly buys, produces, sells and exports services. This is now known as the servicification of manufacturing. This column, using firm-level data from Sweden, shows that as firms’ share of in-house services increases, so does their export intensity. The increasing …Read More