Search

Begin New Search Content Type Policy Brief

2151. Unblocking the Lifeline of Talent

Author:
Matthias Busse and Christal Morehouse
Publication Date:
12-2013
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
Against the background of demographic decline and growing economic competitiveness from emerging economies, this Policy Brief looks into the potential benefits of increased intra-EU labour mobility. On the basis of an examination of the 'German case' on EU labour mobility. It proposes ideas on how to better foster a European fair deal on talent, one that would benefit the EU as a whole. It concludes with a proposal on how to increase the potential benefits of the freedom of movement.
Topic:
Demographics, Economics, Migration, and Labor Issues
Political Geography:
Europe

2152. Strong Governments, Weak Banks

Author:
Paul De Grauwe and Yuemei Ji
Publication Date:
11-2013
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
One of the more troublesome features of banks is that they still hold so little equity. In 2013 the capital and reserves of EU banks amounted to only 7.6% of total balance sheets. Well-run businesses outside the banking sector typically hold equity shares of 20%, 30% or more of their balances sheets. For good reasons; these well-run firms know that shocks can occur that could wipe out large parts of their balance sheets. Good business strategy thus leads these firms to hold sufficiently large buffers to avoid bankruptcy.
Topic:
Debt, Economics, and Monetary Policy
Political Geography:
Europe

2153. The New European Framework for Managing Bank Crises

Author:
Stefano Micossi, Jacopo Carmassi, and Ginevra Bruzzone
Publication Date:
11-2013
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
The European Commission proposal for a Regulation establishing a European Single Resolution Mechanism (SRM) for banks is now under consideration before the European Parliament and the Council. The main principles and tools applicable for resolving a failing bank are contained in the June 2012 Commission proposal for a Directive on bank recovery and resolution (BRR), aimed at harmonising crisis management and resolution tools in EU member states, which is also under consideration by the European legislators. Any discussion of the new system must therefore be based on both proposals.
Topic:
Debt, Economics, International Trade and Finance, Markets, Monetary Policy, and Reform
Political Geography:
Europe

2154. Rule of law or rule of thumb? A New Copenhagen Mechanism for the EU

Author:
Sergio Carrera, Elspeth Guild, and Nicholas Hernanz
Publication Date:
11-2013
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
The European Union, and its Area of Freedom, Security and Justice (AFSJ), is founded on a set of common principles of rule of law, democracy and human rights. This has been officially enshrined in the body of Article 2 of the Treaty on European Union (TEU) which lists "respect for human dignity, freedom, democracy, equality, the rule of law and respect for human rights, including the rights of persons belonging to minorities" as the shared values on which the Union is rooted. One of the current modalities of action to ensure that all member states of the EU respect Article 2 TEU is to filter their compliance with these values before they accede to the Union. The so-called 'Copenhagen criteria' have been established in 1993 to ensure that all new EU member states are in line with the Union's common principles before crossing the bridge towards membership.
Topic:
Democratization, Human Rights, International Law, and Regional Cooperation
Political Geography:
Europe

2155. Financial Services and the Transatlantic Trade and Investment Partnership

Author:
Karel Lannoo
Publication Date:
11-2013
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
It is still an unresolved question whether a process for financial services regulatory cooperation and convergence will be included in the Transatlantic Trade and Investment Partnership (TTIP).From a n end-user's perspective, it could be argued that its inclusion could be an opportunity not only as regards product choice, but also to improve the consumer or investor protection regulatory environment on both sides of the Atlantic. The inclusion would also be in line with the assessments made by both the EU and the US that the G-20 agenda has been incorporated in local legislation and that both regimes are thus 'equivalent'.
Topic:
Economics, International Trade and Finance, and Markets
Political Geography:
United States and Europe

2156. The Macroeconomic Imbalance Procedure and Germany: When is a current account surplus an 'imbalance'?

Author:
Daniel Gros and Matthias Busse
Publication Date:
11-2013
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
The Macroeconomic Imbalance Procedure (MIP) was designed to prevent the emergence of imbalances like the large and persistent current account deficits that occurred in Spain and Ireland. But within this mechanism, a current account surplus is also viewed as a source of concern. Indeed, last year's Alert Mechanism Report (AMR), issued by the European Commission signalled an excessive current account surplus for the Netherlands and Luxembourg, while Germany just barely scraped by with a 5.9% surplus, marginally evading the 6% threshold (over a 3-year average). With the most recent report, however, Germany's status has changed. Along with the Netherlands and Luxembourg, it too has now been singled out as a euro-area country with a surplus above the upper threshold.
Topic:
Economics, International Trade and Finance, Markets, Monetary Policy, and Financial Crisis
Political Geography:
Europe and Germany

2157. The domestic challenges in the Saudi energy market and their regional and geopolitical implications

Author:
Eckart Woertz
Publication Date:
11-2013
Content Type:
Policy Brief
Institution:
Norwegian Centre for Conflict Resolution
Abstract:
Saudi Arabia's domestic energy consumption is skyrocketing. The growth of electricity demand is particularly strong and shows a high degree of seasonality due to the need for air conditioning in the hot summer months. Demand drivers are population growth, industrial development and a subsidy regime that encourages wasteful consumption. Saudi Arabia now faces a natural gas shortage and is seeking alternative energy sources like nuclear power and renewables in order to reduce the common practice of using fuel oil, crude oil and diesel in power stations. If unchecked, domestic energy demand will threaten oil export capacity and could compromise Saudi Arabia's role as swing producer in global oil markets. However, a reform of the subsidy regime is politically sensitive, because citizens regard subsidies as an entitlement. The government is reluctant to touch subsidies in order to avoid the kind of political unrest that has occurred elsewhere in the wake of the Arab Spring.
Topic:
Demographics, Economics, Energy Policy, and Oil
Political Geography:
Middle East and Arabia

2158. Colombia, the peace process and the political participation of the armed groups

Author:
Felipe Gómez Isa
Publication Date:
11-2013
Content Type:
Policy Brief
Institution:
Norwegian Centre for Conflict Resolution
Abstract:
One of the key indicators to determine the degree of success of any given peace process is the stable participation in national politics of former members of armed groups in rebellion against the state. In the case of Colombia, the traditionally exclusive nature of its political system explains why both the enlargement of spaces for democratic participation and the political participation itself of the Revolutionary Armed Forces of Colombia – People's Army (FARC-EP) have become key issues to be discussed at the talks in Havana. It would be highly desirable for the obstacles and reticence evinced by specific political sectors to be overcome so that the current peace process can result in both the political participation of the demobilised members of the FARC-EP and greater democracy in Colombia.
Topic:
Conflict Resolution, Democratization, Armed Struggle, Counterinsurgency, and Governance
Political Geography:
Colombia and Latin America

2159. Qatar's human rights record

Author:
Joe Stork and Nicholas McGeehan
Publication Date:
09-2013
Content Type:
Policy Brief
Institution:
Norwegian Centre for Conflict Resolution
Abstract:
At first glance the small but wealthy state of Qatar appears to be an anomaly in the Persian Gulf region, where government human rights records are distinctly poor. Qatari citizens – 225,000 out of a population of 1.7 million – seem largely content with the de facto social contract that provides material benefits in abundance, and political complaints appear to be few. Qatar has experienced none of the street protests that have been seen in Bahrain, Kuwait and Oman, or even the online petitioning that elicited a fierce official crackdown in the United Arab Emirates. On the one issue that these states have in common – migrant workers (and Qatar has the largest proportion of migrant workers to population of any Gulf state) – Qatar is taking tentative, but potentially significant steps to reform a system that currently facilitates forced labour. But the country unmistakably shares the authoritarian character of its neighbours, as is evident from the pervasive red lines confronting potential critics and the punitive responses to the very limited public dissent that has occurred.
Topic:
Civil Society, Human Rights, Governance, and Prisons/Penal Systems
Political Geography:
Arabia

2160. Qatar's international relations under Emir Tamim

Author:
David Roberts
Publication Date:
09-2013
Content Type:
Policy Brief
Institution:
Norwegian Centre for Conflict Resolution
Abstract:
Emir Tamim has become the new ruler of Qatar after the abdication of his father, Emir Hamad Bin Khalifa al-Thani. The latter followed an independent foreign policy throughout his reign and sought good relations with all states, although Qatar's taking sides in the Arab uprisings have somewhat modified this position. Evaluating Qatar's foreign policy under Emir Tamim is difficult. In his upbringing Tamim was imbued with their vision of Qatar as an internationally oriented state. It would be very surprising if he were to backtrack on this basic thrust and withdraw Qatar internationally. Emir Tamim's Qatar will therefore likely continue to seek to extend the small state's influence throughout the region wherever and whenever possible.
Topic:
Foreign Policy, Politics, Regime Change, and Governance
Political Geography:
Middle East and Arabia