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Currently viewing: Policy Briefs (51 Results)

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  • Do European Union fines deter price-fixing?

    Do European Union fines deter price-fixing?

    22nd May 2013 by Mario Mariniello

    The issue: Anti-cartel enforcement is the least controversial of competition policy themes. Agreements to restrict competition such as price fixing or market sharing have obvious negative effects on welfare.
    • Files: English
  • Europe's growth problem (and what to do about it)

    Europe's growth problem (and what to do about it)

    12th April 2013 by Zsolt Darvas, Jean Pisani-Ferry, Guntram B. Wolff

    The issue: The European Union's pre-crisis growth performance was disappointingenough, but the performance has been even more dismal since theonset of the crisis.
    • Files: English
  • You'd better bet on the ETS

    You'd better bet on the ETS

    9th April 2013 by Georg Zachmann

    The issue: The European Union's emissions trading system (ETS), introduced in 2005, is the centerpiece of EU decarbonisation efforts and the biggest emissions trading scheme…

    • Files: English
  • Standard-setting abuse: the case for antitrust control

    Standard-setting abuse: the case for antitrust control

    6th February 2013 by Mario Mariniello

    Standards reduce production costs and increase the value of products to consumers; ultimately they significantly contribute to economic development. Standards however entail risks of anti-competitive…

    • Files: English
  • On the effectiveness and legitimacy of EU economic policies

    On the effectiveness and legitimacy of EU economic policies

    9th November 2012 by Mark Hallerberg, Benedicta Marzinotto, Guntram B. Wolff

    For markets, European economic governance faces a crisis of policy effectiveness, while for citizens the European Union faces a democratic legitimacy crisis. The introduction of…

    • Files: English
  • Fiscal rules: Timing is everything

    Fiscal rules: Timing is everything

    17th September 2012 by Benedicta Marzinotto, André Sapir

    The strengthening of the European Union’s fiscal rules with the approval of the so-called ‘six-pack’, and the parallel worsening of economic conditions in Europe, re-opened…

    • Files: English
  • The fiscal implications of a banking union

    The fiscal implications of a banking union

    14th September 2012 by Jean Pisani-Ferry, Guntram B. Wolff

    Systemic banking crises are a threat to all countries whatever their development level. They can entail major fiscal costs that can undermine the sustainability of…

    • Files: English
  • The messy rebuilding of Europe

    The messy rebuilding of Europe

    30th March 2012 by Jean Pisani-Ferry, André Sapir, Guntram B. Wolff

    The euro crisis and subsequent policy responses have challenged the assumptions underpinning the euro-area's governance, and the relationship between the European Union's euro and non-euro countries.…

    • Files: English
  • What kind of fiscal union?

    What kind of fiscal union?

    23rd November 2011 by Benedicta Marzinotto, André Sapir, Guntram B. Wolff

    This policy brief argues that the euro area's shortcomings have become abundantly clear. It was set up without powers of strict surveillance over macroeconomic imbalances,…

    • Files: English
  • Keeping the promise of global accounting standards

    Keeping the promise of global accounting standards

    7th July 2011 by Nicolas Véron

    Accounting provides a fundamental underpinning for capital markets, and the worldwide spread of International Financial Reporting Standards (IFRS) marks one of the most advanced attempts…

    • Files: English
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