The Banking Union is one of the most important and ambitious projects launched by the European Union in the last ten years. With supervisory and resolution mechanisms for Eurozone banks now up and running, the current narrative is...
Does the Eurozone need a “treasury”? The answer is no: The Eurozone needs a common fiscal policy to complement the ECB’s monetary policy. But it does not need a new institution to take fiscal policy decisions or to execute such...
As the United Kingdom is leaving the European Union all eyes are on the eminent economic effects and future trade negotiations. How the British people feel about the state of their country at this defining moment of their...
Geopolitics has returned to vogue, and the EU does not enjoy a monopoly on influence in the Western Balkans. China is the latest player on the scene, and although its economic footprint is still relatively small, Beijing’s growing...
In times of Trump and Brexit, protectionist tendencies seem to be a global trend. The advantages that economic interconnectedness implies are increasingly receding into the background. Foreign-owned firms in the EU and Germany,...
On January 1st, 2020, the World Trade Organization is turning 25. This study assessing the economic value generated by this institution by computing trade and welfare that was rendered possible through the WTO’s system. It finds...
European companies invest too little. Instead, firms increasingly retain profits and build up large savings which contributes to low growth, rising inequality and financial instability. Boosting private investment, therefore, has...
Social media platforms have contributed to an unprecedented increase in the spread of disinformation. Concerns about these new and dynamic ways to spread falsehoods have brought politicians and regulators onto the stage. In this...
This country sheet summarises on two pages the expected consequences of demographic change for the development of labor productivity, gross domestic product (absolute and per capita), the macroeconomic savings and investment rate,...
This country sheet summarises on two pages the expected consequences of demographic change for the development of labor productivity, gross domestic product (absolute and per capita), the macroeconomic savings and investment rate,...