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External Publication

Austerity and Poverty in the European Union

This study provides to the Committee for Employment and Social Affairs of the European Parliament with an analysis of the speed and composition of fiscal consolidation strategies. It describes major social developments in Europe, with a focus on poverty, and considers and interprets the links between fiscal consolidation measures and social developments.

By: , , , and Date: September 14, 2014 Topic: European Macroeconomics & Governance

Abstract

Europe faces major social challenges, in which fiscal consolidation may have played a role.

This Policy Department A study aims to provide the Committee for Employment and Social Affairs of the European Parliament with an analysis of the speed and composition of fiscal consolidation strategies.

It describes major social developments in Europe, with a focus on poverty, and considers and interprets the links between fiscal consolidation measures and social developments.

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Blog Post

The scarring effect of COVID-19: youth unemployment in Europe

Even before the pandemic, youth unemployment in the European Union was three times higher than among the over-55s. COVID-19 threatens to undo the last decade of progress: policymakers must act to avoid Europe’s youth suffering the scarring effect.

By: Monika Grzegorczyk and Guntram B. Wolff Topic: European Macroeconomics & Governance Date: November 28, 2020
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External Publication

European Parliament

Data flows, artificial intelligence and international trade: impacts and prospects for the value chains of the future

In-depth briefing and analysis on the issues of digital trade and the geopolitics of trade provided to the European Parliament.

By: Dennis Görlich, Michèle Finck, Georgios Petropoulos, Niclas Poitiers and André Sapir Topic: European Macroeconomics & Governance, European Parliament Date: November 26, 2020
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Upcoming Event

Dec
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The state strikes back

COVID-19 has caused a resurgence of the role of the state. State ownership can help reduce effects from shocks to the economy but state-owned firms often suffer from weak governance and lack of innovation. What role should state owned firms and banks play and how can their management be improved?

Speakers: Beata Javorcik, Katarina Mathernova and Guntram B. Wolff Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels
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Podcast

Podcast

Steering the boat towards an unknown destination

Shocks pass, but change remains a constant. We need to start focusing on permanent changes in the economy and how to adapt to them.

By: The Sound of Economics Topic: European Macroeconomics & Governance, Global Economics & Governance Date: November 25, 2020
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External Publication

European Parliament

Legal obstacles in Member States to Single Market rules

This study analyses the current state of national obstacles to free movement in the EU Single Market.

By: Erik Dahlberg, Mattia Di Salvo, Katarina Kubovicova, J. Scott Marcus, Sigurd Næss-Schmidt, Jacques Pelkmans, Virginia Dalla Pozza and Laura Virtanen Topic: European Macroeconomics & Governance, European Parliament, Testimonies Date: November 24, 2020
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Parliamentary Testimony

European Parliament

Euro area accession countries in the context of the pandemic

Testimony before the European Parliament on the subject of euro area accession.

By: Zsolt Darvas Topic: European Macroeconomics & Governance, European Parliament, Testimonies Date: November 19, 2020
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External Publication

The evolution of European economic institutions during the COVID-19 crisis

This article discusses how the European institutions reacted and evolved during the early stages of the COVID-19 crisis in the first half of 2020.

By: Antoine Camous and Grégory Claeys Topic: European Macroeconomics & Governance Date: November 19, 2020
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Parliamentary Testimony

European Parliament

New life for an old framework: redesigning the European Union's expenditure and golden fiscal rules

Testimony before the European Parliament on the subject of EU fiscal policies.

By: Zsolt Darvas Topic: European Macroeconomics & Governance, European Parliament, Testimonies Date: November 17, 2020
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Past Event

Past Event

Economic reform in Belarus: how can we overcome old legacies and dependency and what can Europe do?

Political change in Belarus also requires deep economic reforms - what next for the country?

Speakers: Aleś Alachnovič, Anders Åslund, Marek Dabrowski, Vassilis Maragos and Elina Ribakova Topic: European Macroeconomics & Governance, Global Economics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: November 13, 2020
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Opinion

COVID-19 could leave another generation of young people on the scrapheap

It is time that the highest political level focuses on the risk of a lost generation.

By: Guntram B. Wolff Topic: European Macroeconomics & Governance Date: November 12, 2020
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Blog Post

Next Generation EU payments across countries and years

How much cake does everyone actually get and at what speed? This blogpost estimates the yearly Next Generation EU (NGEU) payments to each EU country at current prices in euros and as a share of GNI.

By: Zsolt Darvas Topic: European Macroeconomics & Governance Date: November 12, 2020
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External Publication

European Parliament

Monetary policy in the time of COVID-19, or how uncertainty is here to stay

The COVID-19 crisis has compounded the uncertainty that has come to characterise the European economy. We explore how this uncertainty manifests itself in terms of ECB decision-making and the long-run challenges the ECB faces.

By: Maria Demertzis and Marta Domínguez-Jiménez Topic: European Macroeconomics & Governance, European Parliament, Testimonies Date: November 12, 2020
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