Publications
Economic analysis and policy recommendations based on rigorous academic underpinnings
Recent publications
Using the financial system to enforce export controls
Russian imports of battlefield goods that are subject to export controls, including from Western producers, have surged since mid-2022
Beyond retirement: a closer look at the very old
The European Union should start to prepare for those over 85 making up 10 percent of the population in 2100
EU savers need a single-market place to invest
Proposals to leverage the single market to boost retail investment could lead to a product citizens will trust
Income inequality and the liberal economic order: a not entirely Western perspective
This essay argues that global welfare gains should be safeguarded and built on, not undermined by a blinkered perception of liberalism.
The impact on the European Union of Ukraine’s potential future accession
This report evaluates the impact on the EU of a possible EU accession of Ukraine, focusing on economic consequences and institutional developments.
Publication list
Blog post
24 February 2021
A brown or a green European Central Bank?
The European Central Bank portfolio is skewed towards the brown economy, reflecting a bias in the market.
Working paper
24 February 2021
COVID-19 credit-support programmes in Europe’s five largest economies
This paper assesses COVID-19 credit-support programmes in five of the largest European economies, and examines how countries have dealt with trade-off
Policy brief
23 February 2021
China’s state-owned enterprises and competitive neutrality
The concept of competitive neutrality can be used to assess how far a market is from being a competitive environment.
Blog post
18 February 2021
US separates climate concerns from financial oversight in contrast to EU activism
Different EU and US supervisory approaches to climate risk may hamper efforts to work together and risk fragmenting global markets.
Blog post
17 February 2021
Continuing fiscal support and the risk of inflation
Ongoing fiscal support in the United States is not expected to provoke inflation risks. There are no immediate inflationary risks in the euro area eit
Blog post
16 February 2021
Regulating big tech: the Digital Markets Act
The European Union’s proposed Digital Markets Act will attempt to control online gatekeepers by subjecting them to a wider range of upfront constraint
Blog post
11 February 2021
Carbon border adjustment in the United States: not easy, but not impossible either
President Biden has promised to implement a levy on carbon-intensive imports, albeit without a federal domestic carbon price. The measure faces a numb
Working paper
04 February 2021
European Union cohesion project characteristics and regional economic growth
A new approach, which estimates 'unexplained economic growth', provides insights into the types of European Union cohesion projects that produce bette
Blog post
03 February 2021
The post-coronavirus fiscal policy questions Europe must answer
Europe’s policymakers will have to take a series of decisions in the months ahead, in order to reinstate, and possibly reform, the bloc’s fiscal ruleb
Policy brief
02 February 2021
The geopolitics of the European Green Deal
The Green Deal will redefine Europe’s global policy priorities; as such, it is a foreign policy development with profound geopolitical consequences
Policy brief
27 January 2021
The nonsense of Next Generation EU net balance calculations
Estimates of payments countries will receive from the Next Generation EU instrument can be made with some degree of precision. But estimating countrie
Working paper
26 January 2021
Platform mergers and antitrust
This paper sets out a framework for addressing competition concerns arising from acquisitions in big platform ecosystems.
Policy brief
21 January 2021
Economic Crisis in the Middle East and North Africa
In the 2010s, the economic outlook of the countries in the Middle East and North Africa region deteriorated, with numerous long-term socio-economic an
Blog post
20 January 2021
What do vaccination passports mean for Europe?
To the extent that vaccination against COVID-19 stops individuals infecting others, restrictions on vaccinated individuals’ rights should be lifted: f
Blog post
20 January 2021
Memo to the European Commissioner for Financial Services Policy
The Commissioner for Financial Services Policy should define and promote a vision for a sustainable global financial regulatory and supervisory order,
Blog post
13 January 2021
A matter of life and death: governments must speed up vaccination
COVID-19 vaccination in Europe and the United States is moving too slowly and is failing to prevent avoidable death and economic disruption. More must
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