Publications

There can be little doubt. The science of macroeconomics is in deep trouble.The best and the brightest in the field fight over the most basic problems. Take government budget deficits, which now excee...chevron_right

The financial crisis signaled the need for a real paradigm shift in prudential regulation, but this apparently has not yet happened. It is now evident that boards and senior management of banks had gr...chevron_right

This paper argues that even though the financial crisis might have started in the US, even more combustible material had accumulated in Europe. According to the author, it is therefore likely that the...chevron_right

Sixteen years after it first submitted its bid to join the World Trade Organisation (WTO), Russia has thrown the process into complete confusion. First Prime Minister Putin declared in June that Russi...chevron_right

Just as Europe once exported its own state system of international relations to the rest of the world, so too are Asian countries now reshaping the international system. The conditions for internation...chevron_right

This paper assesses Turkey's potential alignment with the EU acquis with regard to information society and media as part of the country's possible accession to the EU. This includes universal service,...chevron_right

This paper presents a basic model to compute the welfare consequences of the introduction of a tariff on the CO2 content of imported goods in a country that already imposes a domestic carbon tax. The ...chevron_right

This document explains the consumer bankruptcy procedures in the US and five European countries: the UK, Ireland, Germany, France and Spain. The author considers statistics on consumer bankruptcies, w...chevron_right

This paper explores compulsory voting systems in a number of developed democracies worldwide and discusses the advantages and disadvantages of introducing such a measure in the EU. According to the au...chevron_right

This paper examines European citizens' sentiments toward national and supranational institutions based on data from Eurobarometer. Whereas confidence in European institutions has fallen significantly ...chevron_right

This brief provides an action plan for the next EU president, and in primis, for the next Commission president. The authors identify priorities in four selected policy fields where concrete action is ...chevron_right

This publication addresses the Single Euro Payments Area (SEPA), explaining that this area should in theory make Europe the most competitive and dynamic knowledge-driven economy by 2010. The author ar...chevron_right

This paper reviews the development of the EU's energy agenda and relationships with Central Asia. It examines the imperative supply of energy from the region, focusing on Central Asia's contribution t...chevron_right

This paper explores whether there is a trade-off between maintaining price stability and financial stability and if so, which of the two objectives should take precedence. The authors analyze how such...chevron_right

This brief raises several questions in regard to Russia’s foreign policy at a time of economic difficulties. It examines whether it will fall victim to the crisis or whether the crisis will re-energiz...chevron_right