Publications

In this commentary, the author argues that in aggregate terms, the crisis in the eurozone has not been induced by excessive spending. In fact, within the eurozone there are sufficient resources to sol...chevron_right

In this commentary, the author examines the possible effects of an austerity drive on a country's debt-to-GDP ratio. He argues that austerity can only be self-defeating in the short run. In the long t...chevron_right

In this commentary, the author supports the adoption of the Basel III ratio of tangible equity (or leverage ratio) as a criterion for the analysis of the capital needs of the EU banking sector, as opp...chevron_right

In light of the intervention in Libya in 2011, this paper discusses the tension between the competing principles of "non-interference" and "the responsibility to protect" (R2P) in international relati...chevron_right

This paper analyzes the evolution of public support for the euro from 1990-201. Exploring a huge database of close to half a million observations covering the 12 original euro area member countries, t...chevron_right

This paper looks at which OECD countries deliberately attempt to reproduce social stratification through educational policies, and which put greater emphasis on intervening in the stratification proce...chevron_right

This paper looks at public support for the euro in Germany. Drawing on results from Eurobarometer surveys, it finds that the ongoing financial and sovereign debt crisis has reduced support for the eu...chevron_right

This study gives an overview of the theoretical foundations, empirical procedures and derived results of the literature identifying determinants of land prices. Special attention is given to the effec...chevron_right

This report discusses the implications of the lull in the raw materials markets, especially in rare earth. It suggests that the respite from high prices has led to an underestimation of the intricate ...chevron_right

This report states that the eurozone has been unable to develop a convincing economic strategy to revive economic growth, bring excessive public debts back to normal levels, restructure the Greek debt...chevron_right

This commentary outlines possible consequences if Italy is not able to implement structural reforms and if international institutions do not intervene with sufficient resources to prevent Europe’s sec...chevron_right

This commentary offers a snapshot of the geographical and gender distribution of staff at the level of heads of EU delegations. The issue of the geographical and gender balance within this category ha...chevron_right

Foreign currency indebtedness in new EU member states has had serious post-crisis consequences, where a substantial currency mismatch has contributed to an alteration in the macroeconomic and financia...chevron_right

It is now becoming increasingly clear that generalized austerity in the eurozone will not pacify the financial markets. As a result, the austerity strategy should be changed quickly – 1) the European ...chevron_right

The author of this commentary argues that the appointments of Lucas Papademos and Mario Monti as Prime Ministers-designate of Greece and Italy have sufficient democratic legitimacy and maintains that ...chevron_right