Germany’s Debt Brake Is Not A Model For Europe
My IMK colleagues Christoph Paetz, Katja Rietzler and Achim Truger have just issued an important analysis of experience with the German Schuldenbremse (debt brake) since 2011. If you read
The Illiberal International
Stalin, in the first decade of Soviet power, backed the idea of “socialism in one country,” meaning that, until conditions ripened, socialism was for the
The Euro: Why Joseph Stiglitz Is Wrong
Joseph Stiglitz, American economist and winner of the Nobel Prize in Economics, has come out with a new book, The Euro: How a Common Currency Threatens
Working Longer By Working Less?
There are limits to the effectiveness of Member States’ pension reforms… Europe, it’s often said, is experiencing a worsening ageing crisis. European governments grappling with
Setting A New Agenda For Fair World Trade
As the weather cools and Europeans get back to work after the summer break, the temperature of the EU trade policy row is hotting up.
The Attacks On Poles In Britain Is Part Of A Rise Of Nationalism And Racism In Europe. Including Poland
Arkadiusz Jóżwik had been standing outside a pizza take-away in Harlow, Essex, chatting to his friends in Polish, when a group of up to 12
The Real Issues Of The Eurozone And How To Solve Them
Joe Stiglitz, thank you very much for joining us today. Let’s dive in right at the deep end. People might be forgiven for not following
On Apple Tax, State Must Side With Its Citizens
It is widely agreed that globalisation has brought immense benefits. But it is also recognised that these benefits are not equally distributed. Last week’s Apple
Monetary Policy Post Brexit: More Of The Same And Why It Will Not Work
The UK (and maybe the world) faces severe and worsening economic conditions due to Brexit. Many commentators do not seem to understand that there are
Why The Apple Tax Bill Is Not Protectionism
International conflicts are inevitable when governments challenge the excesses of multinational corporations. Emotions are running high after the EU commission ordered the Irish government to claw
What Does Brexit Mean? When We Have Decided What You Voted For, We Will Tell You
It used to be claimed during the Cold War that in the countries of the Soviet bloc elections could not take place until the government
Using The CETA To Move Towards A Social And Environment-Friendly Globalisation
Economic globalisation has accelerated enormously. With the advances in information technology and international trade policies, it now permeates almost every sector of the economy as
Greece: Lower Primary Surpluses After 2018 And Sustainable Debt Relief
Beginning from the first weeks of September and during the next few months, the European Union and Eurozone will have to provide convincing answers to
Populism And Social Democracy’s Distress
The EU’s political landscape is being transformed as the economic and the refugee crises intertwine with terror. Populism is becoming consistently a rising force across
Saving The EU From The Euro, The Most Extreme Neo-Liberal Trap
The Ventotene summit among Prime Minister Renzi, Chancellor Merkel and President Hollande took place recently. Crucial issues were on the agenda: the geo-political conflicts at
How Hungary Systematically Violates European Norms On Refugee Protection
In 2015, Hungary became one of the main entry points to the European Union for migrants and refugees. The police registered 400,000 irregular migrants and
Transition To Transfers: Options For EMU Level Unemployment Insurance
In his new book on the euro, Joseph Stiglitz mentions unemployment insurance as part of a reform program that could make monetary union sustainable and