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Key Macroeconomic Indicators in the Euro Area and the United States

12-11-2019

Latest forcest by EC, IMF and OECD.

Latest forcest by EC, IMF and OECD.

Euro Area Scrutiny: External expertise on economic governance issues during the 8th Parliamentary term

24-06-2019

This document provides the summaries of all external experts papers published during the 8th parliamentary term (2014-2019) by the Economic Governance Support Unit, aimed at supporting the scrutiny work on the functioning of the Euro Area, especially in view of the bi-annual Economic Dialogues with the President of the Eurogroup.

This document provides the summaries of all external experts papers published during the 8th parliamentary term (2014-2019) by the Economic Governance Support Unit, aimed at supporting the scrutiny work on the functioning of the Euro Area, especially in view of the bi-annual Economic Dialogues with the President of the Eurogroup.

Foreign policy and defence challenges [What Think Tanks are thinking]

18-01-2019

The European Union will face increasingly serious foreign policy and defence challenges in 2019. The current Administration in the United States seems to be abandoning its traditional role of ‘benign protector’ of the rules-based international order. Russia, according to many analysts, continues to try to undermine the democratic process in many Western countries, and China’s foreign policy is becoming more and more assertive, notably in the economic field. Furthermore, migration, Brexit and cybersecurity ...

The European Union will face increasingly serious foreign policy and defence challenges in 2019. The current Administration in the United States seems to be abandoning its traditional role of ‘benign protector’ of the rules-based international order. Russia, according to many analysts, continues to try to undermine the democratic process in many Western countries, and China’s foreign policy is becoming more and more assertive, notably in the economic field. Furthermore, migration, Brexit and cybersecurity, as well as a lack of EU unity on certain issues, also feature amongst key challenges. This note offers links to recent selected commentaries, studies and reports from major international think tanks on EU foreign and defence policies. Links to more reports on President Donald Trump’s policies, Russia, EU-China relations and NATO are available in previous items in this series, published last year.

IMF World Economic Outlook reflects consensus views

15-01-2019

This briefing is provided by Policy Department A following the participation of the Members of the European Parliament's Committee on Economic and Monetary Affairs (ECON) in the Annual Meetings of the Boards of Governors of the International Monetary Fund (IMF) and the World Bank (WB) Group in Indonesia on 8-14 October 2018.

This briefing is provided by Policy Department A following the participation of the Members of the European Parliament's Committee on Economic and Monetary Affairs (ECON) in the Annual Meetings of the Boards of Governors of the International Monetary Fund (IMF) and the World Bank (WB) Group in Indonesia on 8-14 October 2018.

2018: Challenges and choices [What Think Tanks are thinking]

20-12-2018

After 2017 brought optimism for the European Union, 2018 has proved a year of tougher challenges and choices. It was a time of slower growth, with the spectre of a global trade war. Turbulent negotiations on Brexit brought an agreement, but the chances of its approval by the UK House of Commons look unpromising. It was a year of uncertainty for transatlantic ties and for US global leadership. Tensions re-emerged over migration. Progress in overhauling the euro-area was limited. The simmering Russia-Ukrainian ...

After 2017 brought optimism for the European Union, 2018 has proved a year of tougher challenges and choices. It was a time of slower growth, with the spectre of a global trade war. Turbulent negotiations on Brexit brought an agreement, but the chances of its approval by the UK House of Commons look unpromising. It was a year of uncertainty for transatlantic ties and for US global leadership. Tensions re-emerged over migration. Progress in overhauling the euro-area was limited. The simmering Russia-Ukrainian conflict erupted again. These and other developments form the backdrop for the European elections in 2019. This note offers links to recent selected commentaries, studies and reports from major international think tanks on the state of the EU in 2018 and its outlook in several important areas.

Artificial Intelligence and civil law; liability rules for drones

13-12-2018

This study – commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the JURI Committee – analyses existing European and national legislation on the regulation of drones for civil use, discussing how they are defined and classified, whether certification and registration is required, how liability is apportioned between the subjects involved, and if compulsory insurance is provided for. Finally, on the basis of a risk-management ...

This study – commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the JURI Committee – analyses existing European and national legislation on the regulation of drones for civil use, discussing how they are defined and classified, whether certification and registration is required, how liability is apportioned between the subjects involved, and if compulsory insurance is provided for. Finally, on the basis of a risk-management approach, the study elaborates recommendations for future policy formulation.

Išorės autorius

Andrea Bertolini

Financial Supervision and Regulation in the US - Dodd-Frank Reform

13-12-2018

The paper provides a concise overview of the Dodd-Frank Act, the challenges of its implementation, and efforts to roll back the Act, in large part due to what are viewed to be vague and impractical provisions. This document was provided by Policy Department A at the request of the ECON Committee.

The paper provides a concise overview of the Dodd-Frank Act, the challenges of its implementation, and efforts to roll back the Act, in large part due to what are viewed to be vague and impractical provisions. This document was provided by Policy Department A at the request of the ECON Committee.

Išorės autorius

Prof Joseph R. Mason; Jeff D. Balcombe; W. Scott Dalrymple

Monetary Policy in an Era of Low Average Growth Rates

29-11-2018

Economic growth in the euro area has been sluggish since the onset of the global financial crisis of 2008. While some of this sluggishness reflected cyclical patterns, ongoing weak productivity growth and demographic factors point to slow average growth rates for the euro area in the coming decades. This will most likely translate into a lower equilibrium real interest rate. The ECB should follow the Federal Reserve in providing estimates to the public of average nominal interest rate it expects ...

Economic growth in the euro area has been sluggish since the onset of the global financial crisis of 2008. While some of this sluggishness reflected cyclical patterns, ongoing weak productivity growth and demographic factors point to slow average growth rates for the euro area in the coming decades. This will most likely translate into a lower equilibrium real interest rate. The ECB should follow the Federal Reserve in providing estimates to the public of average nominal interest rate it expects to set over the long term and that this is likely lower than average rates during the pre-crisis era. The ECB should continue advocating for growth-boosting structural reforms but should also consider advocating for higher immigration levels to improve Europe’s demographic profile and growth potential.

Išorės autorius

Professor Karl Whelan

Russia in the Middle East: From sidelines to centre stage

21-11-2018

In 2011, it looked as if the Arab Spring uprisings would deal a further blow to Russia's declining influence in the Middle East, by toppling Syrian President Bashar al-Assad, one of Moscow's few remaining allies in the region. In 2015, Russia launched a military intervention. Though it came at an enormous humanitarian cost, the campaign succeeded in saving Assad's regime, at the same time as reversing the Middle Eastern fortunes of Russia as Assad's main international backer. Russia's involvement ...

In 2011, it looked as if the Arab Spring uprisings would deal a further blow to Russia's declining influence in the Middle East, by toppling Syrian President Bashar al-Assad, one of Moscow's few remaining allies in the region. In 2015, Russia launched a military intervention. Though it came at an enormous humanitarian cost, the campaign succeeded in saving Assad's regime, at the same time as reversing the Middle Eastern fortunes of Russia as Assad's main international backer. Russia's involvement in Syria has given its relations with neighbouring countries a new momentum. Despite divergent interests, Iran, Turkey and Israel cooperate with Russia and acknowledge its leadership in Syria. Russia's success in imposing its agenda in Syria has bolstered its influence throughout the wider region. Although Moscow's role is not always a constructive one, it has become a key actor and sometimes a mediator in regional conflicts from Libya to Yemen. Russia's regional clout is also helped by its skilful use of energy cooperation to further economic and geopolitical interests. Russia's drive to become a major Middle Eastern player should be seen in the wider context of global geopolitical rivalry with the United States. Moscow's growing influence in the region is as much the result of Western policy failures as its own strength.

Climate change [What Think Tanks are thinking]

16-11-2018

World leaders are preparing for the ‘COP 24’ summit on tackling climate change in Katowice, Poland, in December, which is meant to debate how to implement the 2015 Paris Agreement. Meanwhile, a United Nations report has called for more measures to cut emissions of greenhouse gases: On 8 October, the Intergovernmental Panel on Climate Change (IPCC) published its latest findings, which indicate that limiting global warming to the 1.5˚C increase agreed in Paris would require rapid, far-reaching and ...

World leaders are preparing for the ‘COP 24’ summit on tackling climate change in Katowice, Poland, in December, which is meant to debate how to implement the 2015 Paris Agreement. Meanwhile, a United Nations report has called for more measures to cut emissions of greenhouse gases: On 8 October, the Intergovernmental Panel on Climate Change (IPCC) published its latest findings, which indicate that limiting global warming to the 1.5˚C increase agreed in Paris would require rapid, far-reaching and unprecedented changes in all aspects of society. This note brings together commentaries, analyses and studies by major international think tanks and research institutes on climate talks and wider issues relating to climate change. Earlier publications on the issue can be found in a previous edition of 'What Think Tanks are Thinking' published in November 2017.

Būsimi renginiai

20-11-2019
Europe's Future: Where next for EU institutional Reform?
Kitas renginys -
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