Industrial policy has a bad name: ‘picking winners’ and thus distorting competition, while exposing government to capture by vested interests. But there are reasons for…

In this paper Bruegel Non-Resident Fellow Philippe Aghion combines the Lucas and Nelson-Phelps approaches to human capital to give us a better understanding of the relationship between health and growth.

This Policy Brief, co-written by Senior Non-Resident Fellow Philippe Aghion, Senior Resident Fellow Reinhilde Veugelers and David Hemous of Harvard University, attempts to change the…

This Policy Contribution accompanies the Policy Brief, “No Green Growth Without Innovation”. Written by Senior Non-Resident Fellow Philippe Aghion, Senior Resident Fellow Reinhilde Veugelers and…

Since the introduction of the Shanghai ranking of the world‘s universities it has been clear that European universities are underperforming. This blueprint discusses the potential explanations and points at different reform priorities for higher education in Europe.

This report surveys the economic performance of the euro area and gives recommendations about six policy challenges of major importance for the future of EMU.

Based on a survey of European universities, this policy brief states that despite the good performance of some countries, Europe as a whole trails the…

Philippe Aghion emphasises that for Europe to stimulate innovation and growth, it is not enough to increase spending on research and development and the protection of intellectual property.