Publications
Economic analysis and policy recommendations based on rigorous academic underpinnings
Recent publications
Three risks that must be addressed for new European Union fiscal rules to succeed
The reform, completed in April 2024, left implementation unaddressed, or at least open to very different potential outcomes
Rippling out: Biden’s tariffs on Chinese electric vehicles and their impact on Europe
The US approach diverges from that of the EU, which is building a case for countervailing duties under WTO rules
Unpacking China’s industrial policy and its implications for Europe
This paper assess how beneficial industrial policy has been for China and how exportable to the European Union its model might be
How to de-risk: European economic security in a world of interdependence
The question is how exactly the EU should ‘de-risk’ its external economic relationships without foregoing the benefits of trade.
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
Publication list
Policy brief
02 December 2022
How to implement the self-preferencing ban in the European Union’s Digital Markets Act
The European Union Digital Markets Act (DMA) bans large online platforms under its scope from treating their own products more favourably than rivals.
Blog post
30 November 2022
The European Commission's fiscal rules proposal: a bold plan with flaws that can be fixed
The European Commission’s proposal for reforming the EU fiscal rules is far-reaching, but its shortcomings need to be addressed.
Blog post
28 November 2022
Does inflation hit the poor hardest everywhere?
Low-income households suffer most from high inflation, but in some European Union countries the inflation burden is felt more equally than others.
Policy brief
23 November 2022
Promotion of high capacity broadband to rebuild and recover from the pandemic
High-capacity broadband infrastructure will be a key enabler of a forward-looking recovery after COVID-19.
Blog post
22 November 2022
To cap or not to cap: the deal Europe needs on energy prices
An EU gas price cap would be counterproductive, but the reasons why it is supported widely must be acknowledged and addressed.
Policy brief
22 November 2022
Completing Europe’s banking union: economic requirements and legal conditions
This contribution analyses the deficiencies of the current framework and identifies possible responses, in line with three levels of reform ambition.
Policy brief
18 November 2022
Lessons for Europe from China’s quest for semiconductor self-reliance
This paper explores China's quest to become a domestic-demand-driven economy, and the lessons that can be learnt from its quest for self reliance.
Working paper
17 November 2022
Deglobalisation and Protectionism
This paper presents a data-driven examination of whether deglobalisation has happened and whether protectionism was the cause.
Blog post
10 November 2022
With a little help from some friends: coordinating Digital Markets Act enforcement
Digital Markets Act enforcement will be much more effective if EU member national authorities are involved
Blog post
09 November 2022
Success at COP27 will be defined by progress on climate finance and ‘loss and damage’
COP27 should create the basis of a global loss-and-damage fund to help vulnerable countries already suffering from climate disasters.
Blog post
08 November 2022
Beyond the training gap: learning foundational skills on the job
Low-skilled workers tend to have jobs that are less likely to foster foundational skills. This worsens skills gaps and income inequality.
Blog post
03 November 2022
Is globalisation really doomed?
Globalisation is under attack; to preserve its benefits, healthy domestic social contracts are essential.
Blog post
27 October 2022
European Union fiscal rules: is a better system feasible?
EU countries seem to be converging on a set of reform objectives. But can these be jointly satisfied? Two recent proposals offer some hope.
Policy brief
26 October 2022
How have sanctions impacted Russia?
In this paper we assess both the immediate economic impact and the likely longer-term impact of sanctions on the Russian economy.
Blog post
24 October 2022
National policies are the best protection against euro-area financial fragmentation risks
An analysis of German-Italian spreads under five Italian governments shows that the gap was biggest when Italian policies worried markets most.
Blog post
19 October 2022
The sometimes puzzling differences in transatlantic earnings growth
Low-skill workers have seen faster wage growth than high-skill workers in many EU countries, contrary to the United States.
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