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2. The financial fragility of European households in the time of COVID-19
- Author:
- Maria Demertzis, Marta Dominguez-Jimenez, and Annamaria Lusardi
- Publication Date:
- 07-2020
- Content Type:
- Policy Brief
- Institution:
- Bruegel
- Abstract:
- The concept of household financial fragility emerged in the United States after the 2007-2008 financial crisis. It grew out of the need to understand whether households’ lack of capacity to face shocks could itself become a source of financial instability.
- Topic:
- Governance, European Union, Finance, Macroeconomics, and COVID-19
- Political Geography:
- Europe
3. FDI another day: Russian reliance on European investment
- Author:
- Marta Dominguez-Jimenez and Niclas Poitiers
- Publication Date:
- 02-2020
- Content Type:
- Policy Brief
- Institution:
- Bruegel
- Abstract:
- Most foreign direct investment into Russia originates in the European Union: European investors own between 55 percent and 75 percent of Russian FDI stock. This points to a Russian dependence on European investment, making the EU paramount for Russian medium-term growth. Even if we consider ‘phantom’ FDI that transits through Europe, the EU remains the primary investor in Russia. Most phantom FDI into Russia is believed to originate from Russia itself and thus is by construction not foreign.
- Topic:
- Economics, Energy Policy, Foreign Direct Investment, Governance, Sanctions, European Union, and Global Political Economy
- Political Geography:
- Russia and Europe
4. The state of China-European Union economic relations
- Author:
- Uri Dadush, Marta Dominguez-Jimenez, and Tianlang Gao
- Publication Date:
- 11-2019
- Content Type:
- Working Paper
- Institution:
- Bruegel
- Abstract:
- China and the European Union have an extensive and growing economic relationship. The relationship is problematic because of the distortions caused by China’s state capitalist system and the diversity of interests within the EU’s incomplete federation. More can be done to capture the untapped trade and investment opportunities that exist between the parties. China’s size and dynamism, and its recent shift from an export-led to a domestic demand-led growth model, mean that these opportunities are likely to grow with time. As the Chinese economy matures, provided appropriate policy steps are taken, it is likely to become a less disruptive force in world markets than during its extraordinary breakout period.
- Topic:
- Economics, Governance, European Union, Investment, and Trade
- Political Geography:
- China, Europe, and Asia