On Thursday 2 February Chinese premier Wen Jiabao signalled intention to move towards helping the euro area extricate from its trouble and declared that China…

This paper zooms in on TFP’s contribution to growth in the transition countries of Central and Eastern Europe, the Caucasus and Central Asia, in order to identify which countries have established a knowledge-based growth path or have the potential to develop one in the near future.

The case for taxing financial transactions merely to raise more revenues from the financial sector is not particularly strong. Better alternatives to tax the financial…

Following the summit on the fate of the euro area on December 9, and this after a long series of summits in 2011, we should expect a large number of further summits in 2012. Indeed, the euro area faces severe challenges, with a break-up of the monetary union now being openly discussed.

This report lays out a framework for rethink­ing central banking in light of lessons learned in the lead-up to and aftermath of the global financial…

The European Semester is a new institutional process that provides Member States with ex-ante guidance on fiscal and structural objectives. The Semester’s goals are ambitious…

Bruegel's deputy director Guntram Wolff co-authored with Ulf von Kalckreuth a paper published on the Journal of Money, Credit and Banking. Go to the publication…

A book chapter by Benedicta Marzinotto has been published on Europe Today. Click here to view a description of the book. The author's research describes…

This article studies the role of fiscal and monetary institutions in macroeconomic stability and budgetary control in central, eastern and south-eastern European countries (CESEE) in…

22 July marks the first anniversary of Dodd-Frank, the most comprehensive US regulatory effort for financial markets since the 1930s. In June, The Pew Charitable…