Publications

The EU stubbornly sticks to its 20% reduction commitment (by 2020, compared to 1990), knowing that this would be insufficient on its own, under any circumstance, for reaching its self-declared objecti...chevron_right

The eurozone has no representation in international financial institutions: instead, the 12 eurozone countries are represented on the board of the IMF via six different “constituencies,” or country gr...chevron_right

The EU hoped to get the new diplomatic season off to a flying start by proposing a resolution to the UN General Assembly that would transform the status of the EU from that of a multitude of ordinary ...chevron_right

The relationship between EU policy and the rights of undocumented migrants remains in tension. The status and treatment granted to undocumented migrants continues to be ‘invisible’ in EU policy strate...chevron_right

The financial crisis has posed an enormous challenge for the EU’s state aid regime. Conceived to ensure a level playing field in the single market, the scheme also had to show that it could be adapted...chevron_right

This paper explores the political difficulties of treaty reform in the context of five pending revisions. It first looks at the Deauville Declaration and its translation into political and legal reali...chevron_right

This Policy Brief provides an overview of the procedures that are available to change the Treaty of Lisbon. Despite its protracted ratification process and pledges from national administrations and EU...chevron_right

This paper examines the European Commission’s 2020 strategy focusing primarily on the dimension of education. It will first set out the European Commission’s educational targets for 2020 and comment ...chevron_right

Credit rating agencies (CRAs) continue to find themselves in the eye of the storm. Despite having singled out the industry early on in the financial crisis as needing more regulation, policy-makers se...chevron_right

Once a strong supporter of Turkey’s membership of the EU, I have come to the conclusion that the project is doomed. When we offered membership to the Turks some fifty years ago, the world was totally ...chevron_right

EU co-legislators are having a hard time agreeing on regulation for alternative investment funds (AIFs). Not only is the future of alternative investments at stake, but also the whole asset management...chevron_right

Little can be done to stop the People’s Bank of China from accumulating foreign exchange reserves and thus steering the yuan exchange rate. And China’s capital controls prevent the US, Japan and the E...chevron_right

A series of constitutional amendments met the approval of 58% of Turkey’s electorate in the September 2010 referendum. Regarding its overall political effects, firstly the referendum testifies to the ...chevron_right

This book investigates the merits of a diverse banking system with a special focus on the performance and role of cooperative banks in seven European countries where they are prominent. The theoretica...chevron_right

Two years after the world economy suffered a nervous breakdown in the wake of the collapse of Lehman Brothers, global financial markets remain unsettled, and the recovery that started so vigorously in...chevron_right