Search

Begin New Search Topic Finance Political Geography Europe

1. COVID-19: A Stress Test for International Development Cooperation

Author:
Stefano Manservisi
Publication Date:
04-2020
Content Type:
Special Report
Institution:
Istituto Affari Internazionali
Abstract:
As the Coronavirus pandemic expands, and peak contagion remains uncertain, policy responses are gradually emerging, being implemented in a number of domains. The crisis has several important implications, but two are currently dominating the headlines: individual health and the sustainability of national healthcare systems, and the economic fallout from the pandemic.
Topic:
International Cooperation, Finance, International Development, Development Aid, and Coronavirus
Political Geography:
Africa, Europe, and Global Focus

2. Beyond Coronabonds: A New Constituent for Europe

Author:
Nicoletta Pirozzi
Publication Date:
04-2020
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
Every era has its symbols. In 1984, Mitterrand and Kohl held hands on the battlefield in Verdun, coming to symbolise the importance of peace in the pursuit of European integration. Today, in times of COVID-19, the so-called “Coronabonds” could have emerged as the symbol of a new Europe, one that is ready and able to do what it takes to collectively overcome the present crisis. Yet, what some member states consider an indispensable emblem of European solidarity, namely debt mutualisation to face an unprecedented symmetric crisis brought about by COVID-19, is regarded by others as an ultimate excuse for moral hazard. As a result, Europe could end up with a politically more digestible European Fund, as proposed by Commissioners Paolo Gentiloni and Thierry Breton, designed to issue long-term bonds.[1] Or, as outlined by the Eurogroup, a Recovery Fund that is “temporary, targeted and commensurate” to the extraordinary costs of the current crisis, helping to spread them across time.
Topic:
Financial Crisis, Governance, Finance, Economy, and Coronavirus
Political Geography:
Europe and European Union

3. Six years after Ukraine’s Euromaidan: reforms and challenges ahead

Author:
Marek Dabrowski, Marta Dominguez-Jimenez, and Georg Zachmann
Publication Date:
06-2020
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
Since the Euromaidan protests (2013-2014), Ukraine has had two presidents and four governments. In a difficult environment of external aggression, they have initiated various reforms aimed at bringing the country closer to the European Union and boosting growth. Progress has been partial and relies on international backing, with limited domestic appetite for reform.
Topic:
Corruption, Privatization, Foreign Aid, Governance, Reform, European Union, Finance, and Macroeconomics
Political Geography:
Europe and Ukraine

4. 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

5. COVID-19’s reality shock for external-funding dependent emerging economies

Author:
Alicia Garcia-Herrero and Elina Ribakova
Publication Date:
05-2020
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
COVID-19 is by far the biggest challenge policymakers in emerging economies have had to deal with in recent history. Beyond the potentially large negative impact on these countries’ fiscal accounts, and the related solvency issues, worsening conditions for these countries’ external funding are a major challenge.
Topic:
Monetary Policy, Regulation, Finance, Economy, Central Bank, and COVID-19
Political Geography:
Europe, Asia, and Latin America

6. From climate change to cyber attacks: Incipient financial-stability risks for the euro area

Author:
Zsolt Darvas, Marta Dominguez-Jimenez, and Guntram B. Wolff
Publication Date:
02-2020
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
The European Central Bank’s November 2019 Financial Stability Review highlighted the risks to growth in an environment of global uncertainty. On the whole, the ECB report is comprehensive and covers the main risks to euro-area financial stability, we highlight issues that deserve more attention.
Topic:
Governance, Finance, Central Bank, and Macroeconomics
Political Geography:
Europe

7. Resisting deglobalisation: the case of Europe

Author:
Zsolt Darvas
Publication Date:
02-2020
Content Type:
Working Paper
Institution:
Bruegel
Abstract:
Global trade and finance data indicates that the pre-2008 pace of economic globalisation has stalled or even reversed. The European Union has defied this trend, with trade flows and financial claims continuing to grow after the recovery from the 2008 global economic and financial crisis. Immigration, including intra-EU mobility, has also continued to increase.
Topic:
Globalization, Immigration, European Union, Finance, Economic growth, Global Financial Crisis, and Trade
Political Geography:
Europe

8. The EU’s Role in Addressing Lebanon’s Multiple Crises

Author:
Shahin Vallée
Publication Date:
09-2020
Content Type:
Policy Brief
Institution:
German Council on Foreign Relations (DGAP)
Abstract:
The Beirut Port blast (BPB) has revealed the fundamental failure of the Lebanese political system, but deep democratic reforms will take time and are fraught with risks. Given the US withdrawal and the extreme tensions in the region, the EU has a critical role to play in addressing the short-term humanitarian crisis, responding to the economic and financial situation, and providing a forum for civil society empowerment. If it fails to do so, the price is further geopolitical destabilization.
Topic:
Civil Society, European Union, Geopolitics, Finance, Economy, Political stability, Crisis Management, and Humanitarian Crisis
Political Geography:
Europe, Middle East, and Lebanon

9. European Elections: A Year In Review

Author:
Katerina Davidova, Vít Havelka, Jana Juzová, Christian Kvorning Lassen, and Danielle Piatkiewicz
Publication Date:
05-2020
Content Type:
Special Report
Institution:
Europeum Institute for European Policy
Abstract:
On the occasion of the anniversary of the ninth European Parliament elections, which took place from 23 to 26 May 2019, experts of EUROPEUM Institute for European Policy prepared five analyses reflecting on the past year in the key areas: climate, multiannual financial framework, migration, geopolitics and European Union enlargement. The experts of EUROPEUM Institute for European Policy weigh in with analyses in their respective fields – climate, multi-annual financial framework, migration, geopolitics and EU enlargement – of the first year since the European elections. It is our hope that this review of the first year of unprecedented upheaval will be an opportunity to reflect both on the past year, but also the challenges of tomorrow.
Topic:
Climate Change, Migration, European Union, Geopolitics, and Finance
Political Geography:
Europe

10. Sustainable finance: the road to greater energy security in the Visegrad region

Author:
Linda Zeilina
Publication Date:
06-2020
Content Type:
Policy Brief
Institution:
Europeum Institute for European Policy
Abstract:
Linda Zeilina wrote a policy paper as a part of the Think Visegrad platform on the topic of sustainable finance and energy security of the Visegrád group countries. The coronavirus outbreak has made the unthinkable happen, with major economies grinding to a halt and international travel coming to a standstill. Now, it is time to think what is often seen as unthinkable: to reimagine economic models and energy systems, and to position the Visegrad countries well for the economic models of the future. By doing so, the region will also make itself much more secure and prosperous.
Topic:
Security, Energy Policy, Finance, Coronavirus, and Sustainability
Political Geography:
Europe