Search

Begin New Search Topic International Political Economy Political Geography Europe

21. Europe in a new world order

Author:
Maria Demertzis, André Sapir, and Guntram Wolff
Publication Date:
02-2017
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
The United States is the European Union’s most important trade and bilateral investment partner, which has, until now, supported a multilateral trade system and European integration and has provided a security guarantee to the countries of the EU. But like other advanced economies, the US’s relative weight in the global economy has declined. The new US administration seems intent on replacing multilateralism with bilateral deals. In trade, it aims to secure new trade deals in order to reduce bilateral trade deficits and to protect, in particular, the US manufacturing sector. In climate policy, the US commitment to the Paris Agreement is being questioned. In defence, the security umbrella appears less certain than previously. The overall promise behind this change of direction is to put ‘America first’ and deliver better results for US citizens.
Topic:
International Political Economy, International Trade and Finance, Bilateral Relations, Multilateral Relatons, and Political stability
Political Geography:
Europe and United States of America

22. Making the best of Brexit for the EU27 financial system

Author:
Andre Sapir, Dirk Schoenmaker, and Nicolas Veron
Publication Date:
02-2017
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
The United Kingdom’s exit from the European Union creates an opportunity for the remaining EU27 to accelerate the development of its financial markets and to increase its resilience against shocks. Equally, Brexit involves risks for market integrity and stability, because the EU including the UK has been crucially dependent on the Bank of England and the UK Financial Conduct Authority for oversight of its wholesale markets. Without the UK, the EU27 must swiftly upgrade its capacity to ensure market integrity and financial stability. Furthermore, losing even partial access to the efficient London financial centre could entail a loss of efficiency for the EU27 economy, especially if financial developments inside the EU27 remain limited and uneven.
Topic:
Economics, International Political Economy, International Trade and Finance, Political stability, and Brexit
Political Geography:
Britain and Europe

23. Why is it so hard to reach the EU’s ‘poverty’ target?

Author:
Zsolt Darvus
Publication Date:
01-2017
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
The ‘poverty’ target set by the European Commission aims to lift “over 20 million people out of poverty” between 2008 and 2020 in the EU27. Progress to date against this target has been disappointing. Why is it so hard to reach the Europe 2020 ‘poverty’ target? What does the poverty indicator actually measure?
Topic:
Economics, International Political Economy, International Trade and Finance, and Poverty
Political Geography:
Europe

24. The Eurozone’s Hidden Strengths

Author:
Daniel Gros
Publication Date:
06-2017
Content Type:
Commentary and Analysis
Institution:
Centre for European Policy Studies
Abstract:
For years, the eurozone has been perceived as a disaster area, with discussions of the monetary union’s future often centred on a possible breakup. When the British voted to leave the European Union last year, they were driven partly by the perception of the eurozone as a dysfunctional and possibly unsalvageable project. Yet, lately, the eurozone has become the darling of financial markets – and for good reason. The discovery of the eurozone’s latent strength was long overdue. Indeed, the eurozone has been recovering from the crisis of 2011-12 for several years. On a per capita basis, its economic growth now outpaces that of the United States. The unemployment rate is also declining – more slowly than in the US, to be sure, but that partly reflects a divergence in labour-force participation trends.
Topic:
International Political Economy and International Trade and Finance
Political Geography:
Europe

25. New Pact for Europe - National Report - ITALY

Author:
European Policy Centre
Publication Date:
07-2017
Content Type:
Special Report
Institution:
European Policy Centre
Abstract:
This is the fifth in a series of National Reports to be published as part of the new phase of the New Pact for Europe project.* According to the NPE Italian Reflection Group, the EU is stuck, with member countries prioritising national interests over the European ones, while problems in the economic, security and migration policy areas are far from overcome. Drawing on the discussions held amongst the members of the group, the report presents a set of conclusions on how to address the key challenges the Union and member states are facing at the moment, and calls on them to take action to boost the legitimacy of the European integration project:
Topic:
International Political Economy and International Affairs
Political Geography:
Europe

26. Brexit: No ordinary third country

Author:
Andrew Duff
Publication Date:
07-2017
Content Type:
Commentary and Analysis
Institution:
European Policy Centre
Abstract:
Following the start of the Brexit negotiations on 19 June, Andrew Duff reviews the state of play, namely the discussions on EU citizens’ rights, the Irish border, the financial commitments and the future role of the ECJ. He welcomes the Commission’s proposal to create a Joint Committee to manage the actual exiting process. Duff regrets the irresolution on the British side, which hampers the possibility to define the future relationship with the European Union and consequently the transitional arrangements that UK business so badly needs. Given the UK’s state of confusion after the electoral results of 2016 and 2017, he suggests that the EU must make an offer to London on the basis of a wider reflection on the future not just of the smaller European Union but of the wider Europe.
Topic:
International Political Economy and Brexit
Political Geography:
Europe

27. What now? Options for Brexit – And a cry for help

Author:
Andrew Duff
Publication Date:
06-2017
Content Type:
Commentary and Analysis
Institution:
European Policy Centre
Abstract:
In this paper, Andrew Duff reviews the intended and unintended consequences of the results of last week’s general election. He argues that: 1. Since both Labour and Conservatives campaigned to complete Brexit, there will be no more talk of the possible revocation of Article 50. Brexit does indeed mean Brexit. 2. Now Brexit is free from the shadow of immediate electioneering. And the new composition of the House of Commons has improved the chances that if there is an Article 50 treaty it will be approved. 3. The unintended consequence of the snap election has been to make a softer Brexit more likely. Mercifully, we should not hear again that “no deal is better than a bad deal” as a bust up of the Article 50 talks would lead to the collapse of the May government and the holding of another general election, much-feared by the Conservative party.
Topic:
International Political Economy and Brexit
Political Geography:
Europe

28. The shrinking Euro-Mediterranean policy space

Author:
Gonzalo Escribano
Publication Date:
09-2017
Content Type:
Commentary and Analysis
Institution:
Elcano Royal Institute
Abstract:
This analysis addresses changes in the Euro-Mediterranean strategic context and the erosion of the economic incentives built into Euro-Mediterranean policy to deal with such transformation. It also puts the case for a reformulation of Euro-Mediterranean policies, but argues that, rather than pursuing an incremental continuity, the EU should engineer a more radical overhaul of its mechanisms of governance, its instruments and its discourse.
Topic:
International Political Economy and International Affairs
Political Geography:
Europe

29. The Euro's Difficult Future

Author:
Luigi Bonatti
Publication Date:
09-2017
Content Type:
Special Report
Institution:
Atlantic Council
Abstract:
In The Euro’s Difficult Future – Competitiveness Imbalances and the Eurozone’s North-South Divide author Luigi Bonatti, a professor of economics at the University of Trento in Italy, stresses that the existing North-South competitiveness divide creates growing tensions between member countries and fuels hostility towards European Union institutions. The paper illustrates why this competitiveness divide is structural, cannot be tackled by macroeconomic policies, and could threaten the euro’s survival.
Topic:
International Political Economy
Political Geography:
Europe

30. The state of the European Union 2017: Relaunching Europe

Author:
Fundación Alternativas
Publication Date:
06-2017
Content Type:
Special Report
Institution:
Fundación Alternativas
Abstract:
The year since the publication of our previous report in April 2016 has been nothing short of an annus horribilis for the European Union. The victory for Leave in the UK referendum was followed by the triumph of Donald Trump in the US elections and his stated support for the further weakening of the EU, an attitude that the President of the European Council, Donald Tusk, has described as a threat. At the same time, there have been a number of significant events, both in Europe and elsewhere in the world, which we analyse in this 6th Report on the State of the EU, produced in partnership between Fundación Alternativas and the Friedrich Ebert Foundation
Topic:
International Political Economy and Brexit
Political Geography:
Europe