11 Ergebnisse.

Industrial policy has for a long time raised difficult questions for policymakers to unpick. What justifications are there for government intervention in market mechanisms, and how and to what extent should governments intervene? What are the pros and cons of picking 'winners' for support? These questions have made a powerful return in the wake of the COVID-19 pandemic and geopolitical uncertainty, and because of the pressing need to move to n...

Industrial policy has for a long time raised difficult questions for policymakers to unpick. What justifications are there for government intervention in market mechanisms, and how and to what extent should governments intervene? What are the pros and cons of picking 'winners' for support? These questions have made a powerful return in the wake of the COVID-19 pandemic and geopolitical uncertainty, and because of the pressing need to move to n...

Keine Beschreibung.

The European Green Deal aims to make Europe the first climate-neutral continent by 2050. This is not going to be an easy journey. To be successful, the European Green Deal will have to foster major shifts in the European industrial structure, including transitions from fossil fuels to renewable energy and from combustion engine cars to electric cars. Shifting economies from brown to green would be a major, historic socio-economic transformatio...

The effects of climate change caused by increasing concentrations of greenhouse gases in the atmosphere are increasingly being felt. Flood-prone areas are seeing more frequent and severe floods, dry areas are seeing longer and hotter droughts and more extensive forest fires. In response, countries around the world, and especially the European Union, are putting in place policies to reduce greenhouse gas emissions.As such policies become more i...

Quality statistics are fundamental to economic policy. In the European Union a number of critical official statistics are the basis for economic surveillance of member states. These statistics are the product of a system in which Eurostat relies on the statistical offices of EU countries. This essay shows how this system is no longer adequate, argues that a more efficient, integrated approach is required, and sets out a model that would delive...

Manufacturing once provided Europe with many jobs that did not require high skills. The idea that such jobs can be revived is a central issue for many politicians and is behind the demand that products should be 'made in' the countries that consume them. But such rhetoric has as its reference point an old version of manufacturing, which has been supplanted by complex value chains and is highly automated and data driven. This new version of man...

Immigration tops the list of challenges of greatest concern to European Union citizens. While in the past immigration was primarily driven by economic motives and family reunification, in the last few years Europe has experienced a surge of asylum seekers, in particular from war-torn countries. In addition, some EU countries have seen significant inflows of EU citizens taking advantage of their freedom of movement rights. Such movements of peo...

Traditional finance focuses solely on financial return and risk. By contrast, sustainable finance considers financial, social and environmental returns in combination. This essay provides a new framework for sustainable finance highlighting the move from the narrow shareholder model to the broader stakeholder model, aimed at long-term value creation for the wider community. Major obstacles to sustainable finance are short-termism and insuffici...

With only seven percent of the world's people but about half of its welfare payments, the European Union's levels of inequality and absolute poverty are low in a global context. Nevertheless, unemployment remains high in a number of EU countries, while the intergenerational divide between the young and the old has widened. Social mobility is weak, in particular in the more unequal economies of southern Europe, limiting opportunities for the ch...

European banking supervision, also known as the Single Supervisory Mechanism, is the first and arguably the main component of European banking union. In late 2014, the European Central Bank became the supervisor for the region's largest banking groups, the ECB also oversees the supervision by national authorities of smaller banks. This Blueprint is the first in-depth study of how this ground-breaking reform is working in practice. Despite teet...