About Adam Tooze

Adam Tooze is professor of history at Columbia University and author of Crashed: How a Decade of Financial Crises Changed the World.

The German impasse

by Adam Tooze on 12th November 2019

Adam Tooze dissects how the macroeconomic policy discourse is disabling necessary German, and European, steps forward.

Grosse Koalition, small Klimapaket

by Adam Tooze on 30th September 2019

Much was expected of the new climate package negotiated by the grand-coalition government in Berlin. Less was delivered.

The International Monetary Fund leadership is not a bargaining counter

by Adam Tooze on 22nd July 2019

Europe must get beyond seeing the head of the IMF as part of the spoils from Bretton Woods.

Europe’s coal problem

by Adam Tooze on 10th June 2019

The eurozone muddled through its crisis at Germany’s behest. The climate emergency is much too serious for that.

Output gap nonsense

by Adam Tooze on 30th April 2019

Adam Tooze explains how a false exactitude in economics has led to a terrible politics in the EU.

What are central banks for?

by Adam Tooze on 18th March 2019

The eurozone remains mired in unemployment while the European Central Bank targets only inflation. Adam Tooze begins a series of Social Europe columns by explaining the hidden history of the Fed’s more successful dual mandate. In January 2013 the US Federal Reserve made a remarkable statement. It announced that it would ramp up its monetary […]

Challenges and prospects in the EU: Quality of life and public services

What have been the major developments in quality of life and public services in Europe in recent years? This flagship publication provides a synthesis of the main findings on several key topics, based, in part, on European Quality of Life Survey data. It maps developments and perceptions regarding the following: trust in institutions and social cohesion; access to and quality of health and care services; the impact of digitalisation on social services; access to services for young people; and measures aimed at integrating refugees. While the report highlights many challenges and emerging issues for public services, it also showcases a number of positive experiences with the involvement of client groups in the design of services and take-up of new technologies.

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At the beginning of the new EU legislative cycle, this occasional paper by Udo Bullmann (MEP and S&D Group coordinator in the European Parliament’s Development Committee) makes the case for an EU development policy that puts the UN Sustainable Development Goals (SDGs) and a concern for human well-being front and centre. The paper argues that EU development policy must serve to fight inequalities in partner countries to enable successful transformations in the spirit of the SDGs. Weaving a concern for achieving greater equality into the process of EU development policy-making, including through ex-ante assessment tools, is key in this regard.

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The Blocked Completion of the European Monetary Union

The reform of the euro zone is stuck. Against the background of political blockades, this report examines from a combined economic and political science perspective how the Euro can be prepared for the next crisis. The report first identifies general requirements for the stabilization of economic and monetary union. Next, the report reconstructs the political logic of the euro crisis and shows that the prospects for realizing far-reaching reform proposals aiming at a fiscal union are poor. Subsequently, the report develops a proposal of how, under the given circumstances, the room for maneuver within the existing framework of economic and monetary union can be extended in a pragmatic way in order to strengthen national fiscal policy as an instrument of macroeconomic stabilization.

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Migrant workers in Fortress Europe

The number of legally resident migrants stands at over 22 million, but the number of Europe’s “undocumented” migrants, whose status is precarious and whose rights in many areas are limited as a result, is much harder to determine. These migrants are often forced to tolerate adverse working conditions; since they are discriminated against in the labour market, both male and female migrant workers are pushed into low-skill industries and professions that are more hazardous to health and less well-paid than other jobs, a situation that is justified by racist stereotypes and assumptions. The goal of the HesaMag editorial team in compiling this report was to introduce readers to a number of real-life examples drawn from a variety of EU Member States.

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