Search

You searched for: Content Type Policy Brief Remove constraint Content Type: Policy Brief Publishing Institution Centre for European Policy Studies Remove constraint Publishing Institution: Centre for European Policy Studies Political Geography Europe Remove constraint Political Geography: Europe Topic Regional Cooperation Remove constraint Topic: Regional Cooperation
Number of results to display per page

Search Results

  • Author: Viral V. Acharya, Sascha Steffen
  • Publication Date: 01-2014
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: The eurozone is mired in a recession. In 2013, the GDP of all 17 eurozone countries fell by 0.5% and the outlook for 2014 shows considerable risks across the region. To stabilise the common currency area and its (partly insolvent) financial system, a eurozone banking union is being established. An important part of the banking union is the Single Supervisory Mechanism (SSM), which will transfer the oversight of Europe's largest banks to the European Central Bank (ECB). Before the ECB takes over this responsibility, it plans to conduct an Asset Quality Review (AQR) in 2014, which will identify the capital shortfalls of these banks.
  • Topic: Economics, International Trade and Finance, Regional Cooperation, Monetary Policy
  • Political Geography: Europe
  • Author: Steven Blockmans
  • Publication Date: 03-2014
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: Concerns about the deterioration of democracy in Turkey are not new: the trials over the 2003 „ Sledgehammer ‟ alleged coup plan (2010-12) and over the ‟ Ergenekon ‟ secret organisation (2008-13) broke the military‟s influence over politics, but were widely criticised because of their reliance on secret witnesses and disputes over evidence. Ironically, their outcome has recently been challenged by Prime Minister Erdoğan himself, who has disowned the trials now that the judiciary has the AK Party in its sights. International concern was also stirred by the violent crackdown on the countrywide protests of May/June 2013. Unrest then was triggered by the planned redevelopment of Istanbul‟s Gezi Park in May 2013, but developed into a wider movement critical of government corruption, increasing restrictions on freedom of speech and concerns about the erosion of secularism. Protests simmered on through September, winding down in autumn and winter only to reignite in March of this year.
  • Topic: Government, International Cooperation, Politics, Regional Cooperation, Reform
  • Political Geography: Europe, Turkey
  • Author: Jacques Pelkmans, Weinian Hu
  • Publication Date: 10-2014
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: This CEPS Policy Brief is based on a larger study for the EEAS and European Commission, written by the same authors in the run-up of the Milan ASEM summit of 16-17 October 2014. The main idea of the study is to assess whether ASEM works and how, by verifying the factual evidence in detail. After all, ASEM has no institutions, no budget and no treaty, whilst dialogues and a loose improvement over time in Asia-Europe relations refer to process much more than genuine 'results'. The stocktaking covers all ASEM activities since the 2006 Helsinki summit. Summit and foreign ministers' declarations and ASEM calendar of activities (and interviews) are used to trace ASEM activities in the three ASEM pillars (political, economic, and peoples-to-peoples/cultural). All the 'regular' ASEM meetings at ministerial and other levels (many of which are only known to relatively few) have been mapped. Also the ASEM working methods, based on the 2000AECF framework and many subsequent initiatives, have been scrutinised, including whether they are actually implemented or not or partially. Such methods refer to how to work together in areas of cooperation (beyond the typical ASEM dialogue), organisation, coordination and ASEM visibility.
  • Topic: International Cooperation, Regional Cooperation, Governance
  • Political Geography: Europe, Singapore
  • Author: Bernard Delbecque
  • Publication Date: 10-2013
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: This paper argues that it should be possible to complement Europe's Economic and Monetary Union with an insurance-type shock absorption mechanism to increase the resilience of member countries to economic shocks and reduce output volatility. Such a mechanism would neither require the establishment of a central authority, nor would it lead to permanent transfers between countries. For this mechanism to become a reality, however, it would be necessary to overcome certain technical problems linked to the difficulty of anticipating correctly the position of an economy in the business cycle.
  • Topic: Economics, Regional Cooperation, Governance
  • Political Geography: Europe
  • Author: Giovanni Faleg
  • Publication Date: 12-2013
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: Let us take three assumptions: The demand for security provision continues to increase in Europe's fragile neighbourhood (notably following the 'Arab Spring'); Austerity restrictions have hit national defence budgets heavily; The balance of power is shifting 'from the West to the rest' and the Americans are pivoting eastwards. Under these circumstances, it is no surprise that the EU is struggling to establish itself as a credible and effective security actor. The final report of High Representative Catherine Ashton, released in preparation for the December 2013 European Council on Security and Defence, admits that Europe "faces rising security challenges within a changing strategic context while the financial crisis is increasingly affecting its security and defence capability". But these are not the true causes of CSDP inertia.
  • Topic: Defense Policy, Regional Cooperation
  • Political Geography: Europe
  • Author: Sergio Carrera, Elspeth Guild, 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, Regional Cooperation
  • Political Geography: Europe
  • Author: Lukas Obholzer, Christine Reh
  • Publication Date: 05-2012
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: The Constitutional Affairs Committee is currently reviewing the European Parliament's Rules of Procedure to increase the effectiveness, transparency and inclusiveness of first-reading agreements under co-decision. This CEPS Policy Brief takes a stand as to which rules should be adopted to achieve these objectives. Given the steep rise of early agreements and Parliament's role as a guarantor of EU legitimacy, we place a premium on inclusiveness and transparency. The rules suggested are designed to maintain efficiency for technical proposals, facilitate effective decision-making on urgent files and increase the overall legitimacy of legislative decision-making in the EU.
  • Topic: Regional Cooperation, Treaties and Agreements, Governance
  • Political Geography: Europe
  • Author: Paul De Grauwe
  • Publication Date: 05-2012
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: One of the major problems of the eurozone is the divergence of the competitive positions that have built up since the early 2000s. This divergence has led to major imbalances in the eurozone where the countries that have seen their competitive positions deteriorate (mainly the so - called ' PIIGS ' – Portugal, Ireland, Italy, Greece and Spain ) have accumulated large current account deficits and thus external indebtedness, matched by current account surpluses of the countries that have improved their competitive positions (mainly Germany).
  • Topic: Economics, Markets, Regional Cooperation, Global Recession, Financial Crisis
  • Political Geography: Europe, Greece, Germany, Spain, Italy, Portugal, Ireland
  • Author: Stefano Micossi
  • Publication Date: 06-2012
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: Once again the European Council will meet in an emergency session at the end of June, with the eurozone economy in recession and actually plummeting in its Southern periphery. Further doubts are also growing on the sustainability of sovereign debts due to the vicious spiral of deteriorating bank balance sheets, ballooning potential liabilities from banking rescues and widening spreads on government borrowings. The sovereign debt crisis in the periphery has now turned into a fully fledged banking crisis that threatens to spread from Greece to Spain and tomorrow, who knows, to Italy, France and even Germany itself.
  • Topic: Debt, Economics, Regional Cooperation, Financial Crisis, Governance
  • Political Geography: Europe, Greece, France, Germany, Spain, Italy
  • Author: Daniel Gros, Cinzia Alcidi, Alessandro Giovannini
  • Publication Date: 05-2012
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: What would be the cost if Greece were to exit from the eurozone? This much-debated question cannot be answered with a single number. The consequences of Greece's exit would depend decisively on the exact circumstances of events in the country itself as well as the general state of financial markets in the eurozone.
  • Topic: Debt, Markets, Regional Cooperation, Monetary Policy, Financial Crisis
  • Political Geography: Europe, Greece
  • Author: Henk L.M. Kox
  • Publication Date: 09-2012
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: In most EU member states, the business services industry has booked no productivity growth during the last two decades. The industry's performance in the other member states was weaker than that of its US counterparts. Exploring what may be causing this productivity stagnation, this policy brief reports that weak competition has contributed to the continuing malaise in European business services. The study analyzed the persistence (over time) of firm-level inefficiencies. The evidence further suggests that competition between small firms and large firms in business services is weak. Markets for business services work best in countries with flexible regulation on employment change and with low regulatory costs for firms that start up or close down a business. Countries that are more open to foreign competition perform better in terms of competitive selection and productivity.
  • Topic: Economics, International Trade and Finance, Markets, Regional Cooperation
  • Political Geography: United States, Europe
  • Author: Christian Egenhofer
  • Publication Date: 01-2011
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: Transport is the only sector in the EU in which greenhouse gas emissions continue to rise. Unless this trend can be reversed, the EU will have little chance of reaching its objectives in the context of global obligations on industrialised countries to reduce emissions between 80% and 95% by 2050 compared to 1990. Many different solutions exist, including, for example, new technology such as electrification of road transport, modal shift, optimising existing technologies and policy measures and more radical measures such as binding GHG emissions targets. While there is some merit to all of these approaches, this Policy Brief argues that current EU policy thinking is not (yet) bold enough to credibly tackle the GHG emissions challenge from transport.
  • Topic: Climate Change, Regional Cooperation, Treaties and Agreements
  • Political Geography: Europe
  • Author: Maja Kluger Rasmussen
  • Publication Date: 05-2011
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: Despite the growth of lobbying in the EU over the past two decades, the EU has taken a rather laissezfaire approach to regulating lobbying activity. While the European Parliament (EP) is in many ways more transparent and more accessible than many of the EU's national parliaments, the code of conduct for lobbyists and the Parliament's own rules of procedure are rather vague. As a result of the 'cash for laws' scandal, the EP President, Jerzy Buzek, has established a working group to draw up a new set of rules to govern the access and behaviour of lobbyists and to formulate a code of conduct for Members of the European Parliament (MEPs). The working group is currently considering seven proposals put forward by Jerzy Buzek, including a mandatory lobbying register for all EU institutions; a strengthening of MEPs' declarations of financial interests, with more frequent updates; a code of conduct for MEPs; a 'legislative footprint' for rapporteurs and tougher sanctions for non-compliance with these rules. While the reform proposal, as it stands now, offers a significant improvement of the Parliament's current rules, it does not go far enough, however.
  • Topic: Regional Cooperation, Governance
  • Political Geography: Europe
  • Author: Stefano Micossi, Fabrizia Peirce, Jacopo Carmassi
  • Publication Date: 03-2011
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: In recent weeks pressures on the euro and eurozone sovereign debtors have subsided. Buoyant growth in the global economy, increasingly benefiting also the European economy, has of course played an important role in calming financial markets. But even more important has been the perception that France and Germany are again working constructively for a strong economic Europe. More broadly, the acute turbulence in financial markets since the spring of 2010 may have finally convinced our political leaders, notably including the German political establishment, that the benefits of a stable currency far outweigh the costs that may have to be borne to make it work properly. The euro will only be trusted if the member states effectively coordinate their economic policies not only to ensure fiscal stability, but also to eliminate persistent divergences in productivity leading to unsustainable imbalances between national savings and investment (Schäuble, 2011).
  • Topic: Security, Economics, Regional Cooperation, Monetary Policy, Financial Crisis, Governance
  • Political Geography: Europe, France, Germany
  • Author: Jacques Pelkmans
  • Publication Date: 02-2011
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: With the Commission's consultation period on the Single Market Act (European Commission, 2010) nearing its end, it is high time for the EU to get its act together. Priority should immediately be restored to the issue of the Single Market, and EU powers to deepen and widen the internal market, where economically justifiable, ought to be utilized to the full. This CEPS Policy Brief explains why.
  • Topic: Economics, Regional Cooperation
  • Political Geography: Europe
  • Author: Piotr Maciej Kaczyński
  • Publication Date: 02-2011
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: On 1 January 2011, Hungary, the third member of the European Union to join the club in 2004, took over the presidency of the Council of the European Union. This represents the first presidency of a newer member state under Lisbon Treaty rules. After the new treaty entered into force on 1 December 2009, all rotating presidencies are, in a sense, first time presidencies. Their relative success now depends more on administrative ability than political leadership.
  • Topic: Politics, Regional Cooperation, Governance
  • Political Geography: Europe
  • Author: Michael Emerson
  • Publication Date: 08-2011
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: For the present UK government, full accession to the Schengen area, a passport- free travel area covering most of Europe, is a red line that it will not cross. Ireland shares a common travel area and land border with the UK and is also bound by this decision. However, it is becoming increasingly clear that the UK, along with Ireland, is suffering serious economic and reputational costs as a result of its separate visa and border management policies.
  • Topic: Economics, International Trade and Finance, Markets, Regional Cooperation
  • Political Geography: Britain, United Kingdom, Europe, Ireland
  • Author: Piotr Maciej Kaczyński, Andrew Byrne
  • Publication Date: 07-2011
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: In spite of the formal role laid out for the General Affairs Council (GAC) in the Treaties, it has been weakened since it was extracted from the General Affairs and External Relations Council (GAERC) and set up to function on its own. Its current uneven composition is leading to further marginalisation. Reforming the GAC can bring it to the centre of gravity of the Council proceedings and address a number of problems in the current institutional structure. For that to happen, however, countries holding the rotating Council presidency need to consider placing their head of state or government in the chair of the GAC meetings. Upgrading GAC in this way would streamline the diverse work of the Council, it would help in alleviatin g the heavy political burden that now falls on the understaffed President of the European Council and it would allow the institution of the rotating presidency to regain a higher political profile by creating out of national leaders a de facto Vice President of the European Council.
  • Topic: Regional Cooperation, Treaties and Agreements, Governance
  • Political Geography: Europe
  • Author: Hans-Joachim Dübel
  • Publication Date: 08-2011
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: 'Blue' or Eurobonds guaranteed via joint and several liability by the eurozone member states have been proposed as an important tool to stabilise and structure the eurozone sovereign bond markets. But in this new Policy Brief, Hans-Joachim Dübel argues the case for a partial insurance of sovereign bonds by the European Stability Mechanism. Hans-Joachim Dübel is an independent financial sector consultant based in Berlin and founder of Finpolconsult.
  • Topic: Economics, International Trade and Finance, Markets, Regional Cooperation, Monetary Policy
  • Political Geography: Europe, Berlin
  • Author: Diego Valiante
  • Publication Date: 08-2011
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: The Eurozone debt crisis has now reached a turning point. This paper argues for a more organised intervention by the ECB to stop contagion through the creation of a quantitative easing programme, coupled with a political agreement among member states on a more federalist budget for the Eurozone.
  • Topic: Debt, Economics, Regional Cooperation, Financial Crisis
  • Political Geography: Europe