Tuesday , October 22 2019
Home / Tag Archives: Inequality

Tag Archives: Inequality

American Aristocracy

Share the post "American Aristocracy" On a few occasions since we’ve been doing this blog (see here, here, and here) I’ve attempted to read Tocqueville against the interpretation of his work that has long been popular on the American and French right since the Cold War. If there’s one passage in Democracy in America that has been in the back of my mind when doing so, it’s the chapter entitled “How Aristocracy Could Emerge from Industry” (II.2.20, Comment l’aristocratie...

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Cross-border, but not national, EU interregional development projects are associated with higher growth

Our calculations reveal that places where EU regional development projects bind together participants from different countries experience higher economic growth. Purely national interregional projects, on the other hand, are not associated with such benefits. The results hold across regions of different levels of income and consider the effects of other growth-determinants. Cross-border projects might bring efficiency gains, unlock synergies and provide knowledge transfers, boosting activity,...

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Germany’s Divided Soul

Eastern Germans vote, think, and feel differently than western Germans do, as the results of the September 1 regional elections make clear. To help tackle the underlying economic causes of this divide, the federal government should introduce incentives to encourage foreign investment in the east of the country. By: Dalia Marin Date: September 13, 2019 Topic: European Macroeconomics & Governance MUNICH – This November, Germany will celebrate the 30th anniversary of the fall of...

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Farewell, flat world

In the last 50 years, the most important economic development has been the diminishing income gap between the richer and poorer countries. Now, there is a growing realisation that transformations in the global economy have been re-established centrally from intangible investments, to digital networks, to finance and exchange rates. Fifty years ago, the conventional wisdom was that rich countries dominated poor countries, and it was widely assumed that the former would continue to get...

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Deep Focus: Making a success of EU cohesion policy

Bruegel senior fellow Zsolt Darvas talks to Sean Gibson in this Deep Focus podcast about how the EU can improve its cohesion policy, citing the best examples of its implementation and stressing the methodological difficulties in measuring its effectiveness. By: The Sound of Economics Date: June 20, 2019 Topic: European Macroeconomics & Governance Cohesion policy remains a contentious topic in the EU, central as it is to the...

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A strategic agenda for the new EU leadership

Memo to the presidents of the European Commission, Council and Parliament. 'A strategic agenda for the new EU leadership' by Maria Demertzis, André Sapir and Guntram Wolff is the first of our 2019 Bruegel memos to the new presidents of the European Commission, Council and Parliament. Focusing on the most important economic questions at EU level, these Bruegel memos are intended to be a strategic to-do list, outlining the state of affairs that will greet the new Commission. The next...

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A European atlas of economic success and failure

Economic growth was diverse across EU regions, yet it is crucial to control for region-specific factors in assessing growth performance. We find that there are rather successful regions in many EU countries, suggesting that the EU can provide a good framework for growth. Yet the worst performers are more concentrated in some countries, suggesting that country-specific factors can play a major role in regional development. Economic growth has been markedly different across EU regions....

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How to improve European Union cohesion policy for the next decade

This policy contribution investigates the performance of the design, implementation and effectiveness of cohesion policy, the most evaluated EU tool for promoting economic convergence. By analysing the effects of cohesion policy on economic growth through reviewing literature, conducting empirical research by comparing regions, as well as considering attitudes and expectations collected through interviewing stakeholders, the authors provide reform recommendations. The academic...

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EU enlargement 15th anniversary: Upward steps on the income ladder

Since their accession to the EU 15 years ago, the incomes of most central Europeans have increased faster than the incomes of longer-standing members and, thereby, they moved upwards in the EU distribution of income. Yet the very poorest people have not progressed in some countries. By: Zsolt Darvas Date: April 30, 2019 Topic: European Macroeconomics & Governance Since the 10 central European countries joined the EU on May...

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Lockin’ tax haven’s door

Tax avoidance and evasion harm the public coffers, and increase inequality and poverty. This post summarises the recent debate on several aspects of the issue: the update of the European blacklist of tax havens and the related recent report from Oxfam, a call for reform of international taxation by the IMF, and the request for IRS reform by US democratic senators. With this tweet, Pierre Moscovici celebrated the update of the European Union’s blacklist of countries considered as fiscal...

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