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  • Author: Julia Hamann, Sara Jakob
  • Publication Date: 01-2019
  • Content Type: Commentary and Analysis
  • Institution: German Council on Foreign Relations (DGAP)
  • Abstract: For many young people in France, President Macron’s reforms failed to alleviate their social anxieties. Unemployment remains high, employment conditions precarious, and what started as a protest against new fuel taxes quickly spilled over to other reform areas including social policy. Macron will need to gain the youngsters’ trust ahead of the European Parliament election – not least because its outcome will decisively shape his domestic credibility, and consequently, his political fate
  • Topic: International Political Economy
  • Political Geography: Europe
  • Author: Gregory Claeys
  • Publication Date: 07-2019
  • Content Type: Special Report
  • Institution: Bruegel
  • Abstract: Memo to the president of the European Central Bank. Grégory Claeys, Maria Demertzis and Francesco Papadia present the challenges that the next ECB president will face during the upcoming mandate, reinventing monetary policy in a system riddled with uncertainties.
  • Topic: International Relations, International Political Economy
  • Political Geography: Europe
  • Author: Michael Balternsperger
  • Publication Date: 05-2019
  • Content Type: Special Report
  • Institution: Bruegel
  • Abstract: This report, requested by the European Parliament's Committee on Industry, Research and Energy, analyses the EU’s potential to be a global centre of excellence for research as a driver of its future growth in a complex global S&T landscape, and how EU public resources can contribute to this
  • Topic: International Political Economy, International Affairs
  • Political Geography: Europe
  • Author: Maria Demertzis, Stavros Zenios
  • Publication Date: 04-2018
  • Content Type: Working Paper
  • Institution: Bruegel
  • Abstract: Since the financial crisis, EU countries' economies have recovered to the point that they are exiting their adjustment programmes. Institutional stability mechanisms have been improved at the European level, with the promotion of the banking union and the establishment of a European Monetary Fund, for instance. However, the authors argue that such crisis contingencies should include markets in their risk-sharing, which would require better coordination with institutions.
  • Topic: International Political Economy
  • Political Geography: Europe
  • Author: Jacob Funk Kirkegaard
  • Publication Date: 02-2018
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: Few challenges facing the European Union—immigration pressures, the need to decrease security dependence on an increasingly erratic United States, and the United Kingdom's exit from the European Union (Brexit)—are compelling EU leaders to consider overhauling the revenue side of the European Union’s existing budget. To deal with these challenges in the future, the European Union will need resources—at a time when Europeans are increasingly skeptical about the effectiveness of budget-making in Brussels. Longstanding US budgetary procedures of trust fund accounting and earmarking government revenue towards specific priorities can provide a template for European policymakers. Shifting the EU budget towards more earmarked resources would reduce distrust among taxpayers by limiting Brussels’ spending discretion while focusing expenditures on specific challenges facing the European project.
  • Topic: International Political Economy, International Affairs
  • Political Geography: Europe
  • Author: Marco Siddi
  • Publication Date: 09-2018
  • Content Type: Policy Brief
  • Institution: Finnish Institute of International Affairs
  • Abstract: Gas trade between the European Union and Russia increased considerably in both 2016 and 2017, despite the ongoing political crisis. Simultaneously, two long-standing disputes in the EU-Russia gas relationship – regarding Gazprom’s monopolistic practices and the EU’s third energy package – were settled. Russian companies have invested in new infrastructural projects for the export of gas to Europe, including the launch of the Yamal LNG terminal in December 2017 and the construction of the TurkStream and Nord Stream 2 pipelines. However, significant challenges remain for the relationship, most notably the intra-EU controversy on Nord Stream 2 and uncertainty about future gas transit in Ukraine.
  • Topic: Energy Policy, International Political Economy, International Affairs, Geopolitics
  • Political Geography: Russia, Europe
  • Author: Fritz W Scharpf
  • Publication Date: 11-2018
  • Content Type: Commentary and Analysis
  • Institution: Max Planck Institute for the Study of Societies
  • Abstract: The performance of EMU member economies is shaped by different and structurally entrenched “growth models” whose success depends on specific macro-regimes – restrictive for export-led growth, accommodating for demand-led growth. These two types of models cannot be equally viable under a uniform macro regime, and their divergence threatens the stability of the EMU. The present attempt to enforce structural convergence in the eurozone appears economically ineffective and lacks democratic legitimacy on the national and the European level. Assuming that complete integration in a democratic federal state is presently unattainable, the paper presents the outline of a more flexible European Currency Community that would include a smaller and more coherent EMU and the member states of a revised “Exchange Rate Mechanism II” (ERM) whose currencies are flexibly linked to the euro. It would restore the external economic viability of autonomous domestic policy choices, and it would protect its members against speculative currency fluctuations.
  • Topic: International Political Economy
  • Political Geography: Europe
  • Author: Daniel Kinderman, Mark Lutter
  • Publication Date: 04-2018
  • Content Type: Commentary and Analysis
  • Institution: Max Planck Institute for the Study of Societies
  • Abstract: Two strands of literature have emerged to explain the rise of a new form of private governance, Corporate Social Responsibility (CSR). One camp argues that CSR expansion is likely during periods of economic liberalization because CSR tends to substitute for growing institutional voids and a lack of social regulation. The other camp argues that CSR is likely to diffuse within coordinated economies because it mirrors these institutional settings. While both camps find empirical support for their arguments, no one has yet managed to combine both perspectives. In our study, we develop three hypotheses based on two (rationalist and constructivist/sociological) strands of institutional theory. Based on a new dataset comprising the corporate membership in business-led CSR organizations in over thirty countries from 1981 to 2008, we show that economic liberalization has a strong effect on CSR expansion when the legitimacy of CSR is low. However, when the practice has achieved substantial cultural acceptance, economic liberalization no longer drives CSR expansion. In this setting, CSR expansion is most likely to occur within socially regulated economic contexts.
  • Topic: International Political Economy, International Trade and Finance
  • Political Geography: Europe
  • Author: Sven Biscop
  • Publication Date: 01-2018
  • Content Type: Special Report
  • Institution: EGMONT - The Royal Institute for International Relations
  • Abstract: The 100th Egmont Paper deals with an issue that, unfortunately, provides little cause for celebration: the impact of Brexit on European diplomacy and defence. Unless, as Sven Biscop argues, a new “special relationship” can be established between Britain and the EU, both London and Brussels will
  • Topic: International Political Economy, International Affairs, Brexit
  • Political Geography: Europe
  • Author: Peter van Ham
  • Publication Date: 09-2018
  • Content Type: Special Report
  • Institution: Clingendael Netherlands Institute for International Relations
  • Abstract: Europe’s conventional arms control architecture requires a thorough makeover. Today’s arms control and confidence-building arrangements are based on two legally binding pillars: the Conventional Armed Forces Europe (CFE) Treaty of 1990 and the Open Skies Treaty of 1992. The Vienna Document on Confidence- and Security-Building Measures (CSBMs), originally adopted in 1990 and most recently updated in 2011, is politically binding and aims to increase the transparency of military postures and activities in Europe. Today, these arrangements are either blocked or in dire need of modernization.
  • Topic: International Relations, International Political Economy
  • Political Geography: Europe
  • Author: Luuk van Middelaar, Monika Sie Dhian Ho
  • Publication Date: 09-2018
  • Content Type: Special Report
  • Institution: Clingendael Netherlands Institute for International Relations
  • Abstract: The Netherlands shouldn’t dramatize Britain’s departure from the European Union. Sure, it’s a downer for the economy and a political blow, but not a catastrophe. Brexit may even help us to break the established patterns of our foreign policy. And that is urgently needed: Brexit and Trump require us to reset our geopolitical compass towards our neighbours and partners on the continent. In this Alert authors Luuk van Middelaar and Monika Sie Dhian Ho give four tips for a new Europe policy.
  • Topic: International Political Economy, International Affairs
  • Political Geography: Europe
  • Author: John Ryan
  • Publication Date: 06-2018
  • Content Type: Special Report
  • Institution: LSE IDEAS
  • Abstract: This report explores the need to make the ECB more transparent and democratically accountable to prevent the next Eurozone crisis. The ECB can justly claim to have held together a poorly-designed system in difficult circumstances, but its overlapping roles create potential conflicts of interest. What does this mean for the countries, companies, and banks that have grown to depend so much on the ECB?
  • Topic: International Political Economy, International Affairs
  • Political Geography: Europe
  • Author: Matteo Villa
  • Publication Date: 09-2018
  • Content Type: Special Report
  • Institution: Italian Institute for International Political Studies (ISPI)
  • Abstract: European cities are at the forefront of tackling the complex challenges of integration. The foreign-born population is constantly growing and already exceeds 30% in Berlin, Vienna, and London. Local authorities are therefore playing a more and more important role in managing increasingly complex integration processes. Integrating foreigners requires a commitment to the coordination of policies in diverging areas such as: reception, education, the labour market, health services, and fighting segregation. This report addresses the issue of urban diversity by answering some crucial questions: what problems do cities face in addressing the challenge of integration? How can best practices be replicated? And how can the dialogue between cities, regions, national governments, and European institutions be improved?
  • Topic: International Political Economy
  • Political Geography: Europe