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Hilmar Þór Hilmarsson

Hilmar Þór Hilmarsson is a professor of economics at the University of Akureyri, Iceland and has held numerous visiting scholarships, including at the University of Cambridge in 2017 and 2018. He served as a specialist and co-ordinator with the World Bank Group in Washington DC from 1990 to 1995, at the World Bank office in Riga from 1999 to 2003 and in its Hanoi office from 2003 to 2006.

Drinking the blood of Ukraine: east-west competition for a country in crisis

Hilmar Þór Hilmarsson

The bizarre recent phone conversation between the president of the US and his counterpart in Ukraine returned to the public mind a neglected country with a frozen conflict.

Iceland Alone and Latvia Captured

Hilmar Þór Hilmarsson

Two small countries, Iceland and Latvia, were severely affected during the global crisis in 2008. Iceland was the first to be hit and Latvia the

Economic Austerity And Outward Migration

Hilmar Þór Hilmarsson

Since independence in 1991 the Baltic states have implemented neoliberal economic policies with weak social systems and income and wealth distribution that is among the

Exit, Brexit, Voice And Loyalty

Hilmar Þór Hilmarsson

When thinking about the state of affairs in Europe, including post-crisis developments and Brexit, Albert Hirschman’s classic book Exit, Voice and Loyalty comes to mind.

Small States Under Pressure

Hilmar Þór Hilmarsson

It is not always easy to be a small state in a global world. Many small states seek shelter, some by building alliances with larger

Baltic Austerity And Euro Area Contagion

Hilmar Þór Hilmarsson

I lived in Riga, the Latvian capital, from 1999 to 2003 just before the Baltic States became European Union member states in 2004. EU membership

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S&D Housing Storytelling

Europeans are struggling with rising housing and rental costs, and we have been working in various ways to address this, because we believe a home is a right for everyone.
 Recently, we travelled across Europe to hear directly from people who struggle to afford a decent place to live. They shared a glimpse of how the housing crisis has affected their lives and why having a home is so important to them. Take a moment to check out their stories. They remind us why it is so urgent to act.

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New Edition - Social policy in the European Union: state of play 2025

Can Europe preserve its distinctive social model while simultaneously rearming, reindustrialising, and reorganising its economy in a more conflictual and competitive world? This is the central question raised in this new edition of the Bilan social, a reference publication released every spring for more than 25 years by the European Trade Union Institute (ETUI) and the European Social Observatory (OSE).

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Is financial resilience and trust in Europe faltering?

In this episode of Eurofound Talks, host Mary McCaughey and senior researcher Eszter Sandor unpack the results of the 2025 Living and Working in the EU e-survey. While headline inflation has stabilised at 2.1%, the data reveals a continent gripped by chronic precariousness, with 57% of respondents now at risk of depression. Mary and Eszter explore how this economic insecurity is impacting institutional trust and democratic engagement.

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The Summer issue of The Progressive Post is out! 

The EU is belatedly awakening to a changing Mediterranean sea, where more assertive regional powers are reclaiming a role.

The new issue of the magazine also reflects on how we struggle to keep pace with AI innovations, examines the uncertainties surrounding the execution of the Pact on Migration and Asylum and the risk to human rights posed by the Return Regulation, and focuses on the EU Commission's newly proposed Industrial Accelerator Act.

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“What is the actual purpose of the state?” – this central question is the focus of the analysis. At a time when bureaucratic processes are making life difficult for citizens, the paper proposes a three-part model. It aims at a conception of the state as a platform that helps society build the capabilities it needs to address its problems effectively.

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