Read the full article. With a specially prepared dataset, we investigate whether and why EU countries implement EU policy recommendations. We focus on recommendations outside the fiscal rules and find that implementation rates are modest and worsened at a time...
Brueguel
Making remote work, work
For people who want to go back to the old way of work, the train has left the station. COVID-19 has given a huge impetus to working from home for those jobs that can, where more individuals are able to choose when and where they are most productive, and companies can...
Knowledge flows and global value chains
This Working Paper is an output from the MICROPROD project, which received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement no. 822390 The organisation of global value chains via supplier links and within business...
The decoupling of Russia: European vulnerabilities in the high-tech sector
Introduction Western high-tech sanctions following Russia’s invasion of Ukraine aim to suppress the production of weapons technology and ensure that Russia is decoupled from the global economy. Russia has been excluded from global high tech value chains, while...
Cutting Putin’s energy rent: ‘smart sanctioning’ Russian oil and gas
This Letter to the Editor was originally published in Nature. Despite major sanctions on Russia following its invasion of Ukraine, the European Union is still importing almost $1 billion’s worth of energy per day from Russia. Phasing out Russian gas and oil entirely...
Measuring the intangible economy to address policy challenges
This Working Paper is an output from the MICROPROD project, which received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement no. 822390. European economies exhibit the so-called ‘productivity puzzle, whereby...
The European Union demand response to high natural gas prices
European gas markets are in turmoil. Supplies from Russia in the first quarter of 2022 (289 terawatt hours) were 30% lower than the same period of 2021 (408 TWh). Policymakers in both Russia and the European Union are discussing the possibility of a complete stop to...
Putin’s Russia is a minnow compared to the Cold War Soviet Bloc
It has become commonplace to analyse Russia’s invasion of Ukraine, and its antagonism with the United States and its pro-Ukraine peers, through the prism of the Cold War. This framing makes sense, but it is important to keep in mind that today’s bloc centred on...
War in Ukraine: The EU’s ban on Russian coal
On 5 April 2022, the EU announced that it will ban coal imports from Russia. The move — aimed squarely at energy imports for the first time — comes as a direct response to reports that Russian forces committed war crimes in Ukraine. In this live podcast, Giuseppe...
What to expect from China’s innovation drive?
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...
Bold European Union action is needed to support Ukrainian refugees
Russia’s invasion of Ukraine has created a humanitarian crisis. It has forced about 11 million people, in a country of 41.3 million in 2021, to leave their homes. By 1 April 2022, 6.5 million Ukrainians were internally displaced, while by 3 April, the number of people...
The EU without Russian oil and gas
Read the full editorial as published in Intereconomics. Following the Russian invasion and brutal attack on Ukraine, the West and in particular the United States, the United Kingdom, Canada and the EU have agreed on a number of major and far-reaching sanctions. And...