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Tag Archives: European governance

The inconsistency in global strategic relations

All of this talk on strategic retrenchment and autonomy is the language of escalation, not of appeasement and collaboration. This piece was originally published in Kathimerini and is forthcoming in Helsingin Sanomat. “There’s a fundamental truth of the twenty-first century within each of our own countries and as a global community,” President Joe Biden told the United Nations on 21 September. “Our own success is bound up with others succeeding as well.” Biden’s actions however, seem to...

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Unboxing the State of the Union 2021

In this Sound of Economics Live episode, Bruegel experts look at the State of the Union address delivered by Ursula von der Leyen, President of the European Commission. By: The Sound of Economics Date: September 15, 2021 Topic: European Macroeconomics & Governance On 15 September Ursula von der Leyen, President of the European Commission, delivered the State of the Union address before the European Parliament. She took stock of efforts of the past year to tackle the COVID-19...

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EU climate plan should involve taxing pollution, not borders

Climate change and taxes may be some of the only true certainties in life. To protect ourselves better, we should make careful choices on how they interact. Read the piece published by Law360. Republishing and referencing Bruegel considers itself a public good and takes no institutional standpoint. Due to copyright agreements we ask that you kindly email request to republish opinions that have appeared in print to [email protected].

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Europe’s recovery gamble

Next Generation EU, was rightly hailed as a major breakthrough: never before had the EU borrowed to finance expenditures, let alone transfers to member states. But the programme and its Recovery and Resilience Facility amount to a high-risk gamble. By: Jean Pisani-Ferry Date: September 25, 2020 Topic: Finance & Financial Regulation This opinion post was originally published in Project Syndicate. To help their pandemic-hit economies recover, European Union leaders agreed in...

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Without good governance, the EU borrowing mechanism to boost the recovery could fail

The European Union recovery fund could greatly increase the stability of the bloc and its monetary union. But the fund needs clearer objectives, sustainable growth criteria and close monitoring so that spending achieves its goals and is free of corruption. In finalising the fund, the EU should take the time to design a strong governance mechanism. By: Guntram B. Wolff Date: September 15, 2020 Topic: European Macroeconomics & Governance This opinion piece has previously been...

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The EU’s poverty reduction efforts should not aim at the wrong target

The EU cannot meet its ‘poverty’ targets, because the main indicator used to measure poverty actually measures income inequality. The use of the wrong indicator could lead to a failure to monitor those who are really poor in Europe, and a risk they could be forgotten. By: Zsolt Darvas Date: February 18, 2020 Topic: European Macroeconomics & Governance The European Union’s 2010 growth strategy, Europe 2020, included a target to lift “over 20 million people out of poverty” – to...

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The EU’s poverty reduction efforts should not aim at the wrong target

The EU cannot meet its ‘poverty’ targets, because the main indicator used to measure poverty actually measures income inequality. The use of the wrong indicator could lead to a failure to monitor those who are really poor in Europe, and a risk they could be forgotten. By: Zsolt Darvas Date: February 18, 2020 Topic: European Macroeconomics & Governance The European Union’s 2010 growth strategy, Europe 2020, included a target to lift “over 20 million people out of poverty” – to...

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A European anti–money laundering supervisor: From vision to legislation

In fighting Anti Money Laundering, The European Commission should act fast toward creating a central supervisory authority.The European Union is moving toward implementing a policy to strengthen anti–money laundering (AML) supervision across its Single Market, namely enforcing requirements on banks and other firms to ensure they do not facilitate transactions involving proceeds from illegal activities. The European Commission, in charge of the next steps, should act fast to capitalize on the...

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How to Spend it

Can governments make their fiscal policy go further? And are they trusted enough to try? This week The Sound of Economics asks if the quality of public spending is as important as the quantity. By: The Sound of Economics Date: October 23, 2019 Topic: European Macroeconomics & Governance With interest rates so low for so long, central bankers are running out of levers to pull. But perhaps better fiscal policy can help economies grow as well as cutting carbon emissions....

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Brexit: a European Odyssey

Nicholas Barrett and Guntram Wolff talk to Kalypso Nicolaïdis, author of Exodus, Reckoning, Sacrifice: Three Meanings of Brexit. Together they discuss the mythology that binds Britain to continental Europe By: The Sound of Economics Date: October 11, 2019 Topic: European Macroeconomics & Governance In June 2016, 17.4 million people voted to leave the European Union. Since then, Brexit has descended into a complicated and polarising melodrama. But beyond the technical and...

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