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12. How good is the European Commission’s Just Transition Fund proposal?
- Author:
- Alienor Cameron, Gregory Claeys, Catarina Midoes, and Simone Tagliapietra
- Publication Date:
- 02-2020
- Content Type:
- Policy Brief
- Institution:
- Bruegel
- Abstract:
- On 14 January 2020, the European Commission published its proposal for a Just Transition Mechanism, intended to provide support to territories facing serious socioeconomic challenges related to the transition towards climate neutrality. This brief provides an overview and a critical assessment of the first pillar of this Mechanism, the Just Transition Fund (JTF).
- Topic:
- Climate Change, Governance, Budget, European Union, Macroeconomics, Renewable Energy, and Transition
- Political Geography:
- Europe
13. 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
14. A post-Brexit agreement for research and innovation
- Author:
- Michael Leigh, Beth Thompson, and Reinhilde Veugelers
- Publication Date:
- 01-2020
- Content Type:
- Special Report
- Institution:
- Bruegel
- Abstract:
- This report sets out what the Wellcome Trust and Bruegel have learned from a project to simulate a negotiation process between the UK and EU to create a post-Brexit research and innovation agreement. Our negotiating scenario assumed that the UK had left the EU with a withdrawal agreement, and that the negotiation was taking place during a ‘standstill’ transition period.
- Topic:
- Treaties and Agreements, Governance, European Union, Research, Brexit, Macroeconomics, Innovation, and Transition
- Political Geography:
- United Kingdom and Europe
15. Market versus policy Europeanisation: has an imbalance grown over time?
- Author:
- Leonardo Cadamuro and Francesco Papadia
- Publication Date:
- 01-2020
- Content Type:
- Policy Brief
- Institution:
- Bruegel
- Abstract:
- This Policy Contribution tests the hypothesis that an imbalance has grown in Europe over the last few decades because markets have integrated to a greater extent than European-level policymaking, potentially creating difficulties for the democratic process in managing the economy. This hypothesis has been put forward by several authors but not so far tested empirically.
- Topic:
- Markets, Governance, Democracy, Regional Integration, Macroeconomics, and Trade Policy
- Political Geography:
- Europe
16. Socio-Economic Implications of Covid-19 in Cameroon
- Author:
- Dr. Fuein Vera Kum and Henri Kouam
- Publication Date:
- 06-2020
- Content Type:
- Special Report
- Institution:
- The Nkafu Policy Institute
- Abstract:
- The economic impact of COVID-19 will be broad-based, causing wages to fall due to social distancing and quarantine measures on the service sector. While communications and ICT-related sectors will be less affected, transport, entertainment and leisure sectors will be adversely affected, together with exports and domestic demand. Policymakers should utilise the $164 billion availed by international institutions to support SMEs and wages in the informal sector, whilst the 90 billion should be used in other to invest in the physical and digital infrastructure to support educational outcomes and employment over the medium term. Such actionable policies should accompany broader quarantine and social distancing measures.
- Topic:
- Economics, Health, Macroeconomics, Pandemic, and COVID-19
- Political Geography:
- Africa and Cameroon
17. Ordinary Shareholders' Rights Protection in Botswana
- Author:
- Ratang Sedimo and Kelesego Mmolainyane
- Publication Date:
- 03-2020
- Content Type:
- Working Paper
- Institution:
- Botswana Institute for Development Policy Analysis
- Abstract:
- This study seeks to examine institutional frameworks that exist in Botswana to protect the rights of ordinary shareholders. There is no literature on the subject matter in the context of Botswana; hence this study attempts to fill in the literature gap. The study uses a variety of data collection methods, such as semi-structured interviews, the Choppies case study and lessons learnt from other jurisdictions. Findings reveal that ordinary shareholders’ rights protection involves the use of institutional frameworks. In Botswana, existing frameworks are not adequate to protect ordinary shareholders’ rights. Furthermore, the study shows that ordinary shareholders in Botswana are mainly exposed to risks of losing their investments, partially or entirely, in case of non-compliance to regulatory requirements as shown by the reduction in Choppies’ stock price from P1.20 to P0.40 between years 2012 and 2018. The study suggests that the existing institutional frameworks should be reviewed to ensure adequate protection of ordinary shareholders’ rights.
- Topic:
- Security, Economics, Human Rights, Investment, Macroeconomics, Land Rights, and Labor Rights
- Political Geography:
- Africa and Botswana
18. Bundled-Payment Models Around the World: How They Work and What Their Impact Has Been
- Author:
- Meredith B. Rosenthal, Paul F. van Gils, Caroline A. Baan, Eline F. de Vries, and Jeroen Struijs
- Publication Date:
- 04-2020
- Content Type:
- Special Report
- Institution:
- The Commonwealth Fund
- Abstract:
- We identified 23 initiatives in eight countries that have implemented bundled-payment models, focusing on procedures such as total joint replacements and cardiac surgery, as well as chronic conditions like diabetes and breast cancer. Of the 35 studies retrieved, 32 reported effects on quality of care and 32 reported effects on medical spending. Twenty of 32 studies reported modest savings or a modest reduction in spending growth, while two studies (both based on the same initiative) demonstrated increased spending in the early years of the bundled-payment model’s implementation. Eighteen of 32 studies reported quality improvements for most evaluated measures, while other studies showed no difference in measured quality. Our study provides evidence that bundled-payment models have the potential to reduce medical spending growth while having either a positive impact or no impact on quality of care.
- Topic:
- Economics, Health, Health Care Policy, Income Inequality, Macroeconomics, Coronavirus, and COVID-19
- Political Geography:
- United States and Global Focus