Publications

The credit crisis has destroyed the idea that unregulated financial markets always efficiently channel savings to the most promising investment projects. Millions of US citizens took on unsustainable ...chevron_right

The world’s oil market has been rallying since 2004 and prices have risen six-fold over the last seven years; but, is the massive increase in price justified by fundamentals or is the oil boom the res...chevron_right

What is behind the ever-increasing price of crude oil? The key fact usually adduced to support this position is that supply and demand seem finely balanced as inventories are not increasing. But this...chevron_right

This paper assesses the potential economic gains to be obtained from an EU-Canada free trade agreement (FTA). The authors analyze trade patterns and barriers between the EU and Canada. They argue that...chevron_right

This brief focuses on four issues relevant to the nexus between climate change and the electricity sector in the EU. The authors first elaborate on the impacts of climate change on the European electr...chevron_right

This paper discusses the problematic relationship between rising energy prices and democracy. The author first re-examines the conventional wisdom that rising oil and gas prices have helped shore up a...chevron_right

This paper sets out a typology of EU regionalism with its neighboring regions and examines where it will find a place in the EU's Black Sea Synergy. The author argues that while the Commission's initi...chevron_right

Eight years after it created the Lamfalussy Committee, the French Presidency of the EU Council would in its new tenure be well advised to set up a Committee of wise men to make proposals on upgrading ...chevron_right

This report summarizes the outcome of a task force dealing with the review of the EU regulatory framework for electronic communications. The task force suggests a number of changes to be introduced in...chevron_right

The official mantra following the No vote in Ireland seems to have become "let us continue with the ratification process". This is a high-risk strategy since Ireland will continue to exercise veto pow...chevron_right

This report identifies a number of concrete measures that could reduce greenhouse gas (GHG) emissions, while at the same time stimulating structural change and technology development and diffusion. Th...chevron_right

It was expected that concrete proposals for the review of the EU budget would be advanced this year, but we seem to be even further away from this important policy exercise than we were in 2005.chevron_right

The acute phase of the financial market problems that started in the summer of 2007 now seems to be coming to an end. This is the right time to focus once more on the fundamentals that caused the cris...chevron_right

This paper traces the debate on flexibility in the area of EU security and defense. According to the authors, the Treaty of Lisbon contains several options for creating some degree of flexibility in t...chevron_right

This paper estimates the impact of the ongoing housing bust and oil price boom on the US and European economies. The authors find that large house price movements (change in construction investment) a...chevron_right