The authors thank Stavros Zenios and other Bruegel colleagues for their valuable comments and suggestions. Europe must increasingly deal with the harmful impacts of climate change, regardless of its success in reducing emissions. These impacts have significant...
Brueguel
China’s non-market practices, impact on the world, and what to do about it?
Download the full testimony. On 14 April 2022, Alicia Garcia Herrero gave testimony before the before the U.S.-China Economic and Security Review Commission on China’s non-market practices. Below is an extract of this testimony. I want to thank you for the opportunity...
Discretion lets Croatia in but leaves Bulgaria out of the euro area in 2023
On 17 June 2022, the euro area’s finance ministers endorsed Croatia’s euro membership, based on assessments by the European Commission and the European Central Bank. Both institutions concluded that Croatia fulfils the conditions for euro adoption. They also judged...
A new kind of Belt and Road Initiative after the pandemic
Since President Xi announced China’s grand strategy, the Belt and Road Initiative, in Kazakhstan in 2013, it has grown so much in geographic and conceptual scope that it has become difficult to measure. Agreements setting out some form of formal affiliation with the...
Understanding Sri Lanka’s current crisis
This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Click to read all past editions of ZhōngHuá Mundus Sign up for the...
Measuring macroeconomic uncertainty during the euro’s lifetime’
It is a cliché in official economic institutions’ publications and their leaders’ speeches to lament exceptional uncertainty. The complaint does, however, ring true currently. A solid empirical basis should be given to this view by properly measuring macroeconomic...
A new European tool to deal with unjustified rising spreads
The European Central Bank announced on 9 June 2022 that it plans to increase interest rates in July and September to tame inflation. The expectation of rate increases has already resulted in a significant increase in spreads between euro-area countries. While some...
Ukraine and what it means for European Union enlargement
This opinion was originally published in Money Review and Rzeczpospolita. It is forthcoming on Het Financieele Dagblad. At the start of April 2022, Ukraine’s President Volodymyr Zelensky warned that security will likely be the biggest issue for his country for the...
COVID-19 and the shift to remote work
A version of this Policy Contribution will be published as a chapter in Whalley, J., V. Stocker and W. Lehr (eds) (2023) Beyond the Pandemic? Exploring the impact of Covid-19 on telecommunications and the internet, Emerald Publishing, forthcoming COVID-19 has...
How to make the EU Energy Platform an effective emergency tool
Uncertainty about the supply of Russian natural gas is causing extremely high and volatile European gas and electricity prices. European Union countries may struggle to import sufficient volumes of natural gas at reasonable prices. During the summer, the imperatives...
Growth for good?
Guntram Wolff invites Bruegel veteran Alessio Terzi to talk about his recently published book ‘Growth for good’, which lays out an agenda to enroll capitalism in the fight against climate catastrophe. With Diane Coyle, they take a deep dive into the book and share...
War in Ukraine: Ukraine’s place in the EU
In this episode of the Sound of Economics Live, Bruegel Director Guntram Wolff hosts Ľubica Karvašová (Prime Minister’s office Slovakia), Alexander Duleba (Research Centre of the Slovak Foreign Policy Association), and André Sapir to debate a proposal by the Slovak...