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Slow economic growth is a sign of success

A country’s growth rate is often viewed as a key indicator of its economic health, but should this be the case? Dietrich Vollrath writes that growth is currently slower in many developed states because of several policy successes which have led to lower fertility rates and shifted spending away from goods and toward services.

We’re accustomed to looking at the growth […]

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    Sinn Féin is poised to recast Ireland’s political dynamic

Sinn Féin is poised to recast Ireland’s political dynamic

Sinn Féin experienced a late surge in popularity to secure the largest share of the vote in the Irish general election on 8 February. John Ryan writes that the party’s success has redrawn Ireland’s political landscape, leaving the country’s two established parties of power, Fianna Fáil and Fine Gael, in a difficult position.

The Republic of Ireland’s general election took […]

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    How the Basel Accord’s dependence on external institutions aggravated the 2008 financial crisis

How the Basel Accord’s dependence on external institutions aggravated the 2008 financial crisis

Deficiencies in the Basel II accord, which set recommendations on banking regulation, have been highlighted as one of the main causes of the global financial crisis that emerged in 2008. Manuel Becker and Simon Linder explain that a particularly problematic feature was the accord’s reliance on so called ‘regulatory import’, where regulators incorporate governance from an external forum into […]

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    Thomas Piketty: “The current economic system is not working when it comes to solving inequality”

Thomas Piketty: “The current economic system is not working when it comes to solving inequality”

Following a recent event at LSE, Thomas Piketty took questions from LSE staff, students and members of the public on inequality and his latest book, Capital and Ideology.

Will we see a dramatic shift in inequality in the UK following Brexit?

I think, if anything, Brexit will exacerbate the trend toward rising inequality. This is because it will tend to exacerbate things […]

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    Despite a clear EU strategy, significant challenges still lie ahead for China-EU relations

Despite a clear EU strategy, significant challenges still lie ahead for China-EU relations

Representatives from 17 Central and Eastern European countries are set to meet with Chinese President Xi Jinping in April at a ‘17+1’ summit. Daniel Quirk writes that the summit might reinvigorate EU concerns over Chinese ambitions in Europe and could motivate EU officials to continue advocating a stricter approach toward China-EU relations.

The last decade saw significant inconsistencies in China-EU […]

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    The essence of free movement is not that it brings Europeans together, but that it allows them to move apart

The essence of free movement is not that it brings Europeans together, but that it allows them to move apart

Free movement of persons is conventionally seen as a means to promote European integration. A closer look at its dynamics suggests it should be reassessed. Gareth Davies argues that a policy whose fundamental goal is to allow people to choose where to live is really a mechanism for social fragmentation, allowing Europeans to cluster into groups of the like-minded.

Charles […]

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    What does the future hold for the CDU following Annegret Kramp-Karrenbauer’s resignation?

What does the future hold for the CDU following Annegret Kramp-Karrenbauer’s resignation?

Annegret Kramp-Karrenbauer announced her resignation as leader of the Christian Democratic Union (CDU) on 10 February. Marcus Walsh-Führing writes the stage is now set for a contest over the future direction of the CDU, with those on the right of the party seeking a departure from the centrist approach pursued under Angela Merkel.

With her tenure as CDU party leader […]

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The EU’s post-Brexit policy on euro clearing explained

The UK’s withdrawal from the EU has reignited concern about the long-standing ‘tug of war’ over the clearing of euro-denominated instruments. Scott James and Lucia Quaglia explain the EU’s post-Brexit policy on euro clearing.

Clearing is the process by which a ‘clearing house’, also called a ‘central counter party’ (CCP), acts as the middleman for both the buyer and the seller of a […]

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    Annegret Kramp-Karrenbauer’s resignation will accelerate Merkel’s exit

Annegret Kramp-Karrenbauer’s resignation will accelerate Merkel’s exit

Annegret Kramp-Karrenbauer’s resignation as the leader of the Christian Democratic Union (CDU) has thrown German politics into a period of uncertainty. John Ryan writes that the affair could ultimately hasten the departure of Angela Merkel as German chancellor.

The race to succeed Angela Merkel as German leader has been thrown wide open after Annegret Kramp-Karrenbauer (AKK), the woman long seen […]

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    Five minutes with Katharina Borchert: “Online advertising has created a surveillance economy”

Five minutes with Katharina Borchert: “Online advertising has created a surveillance economy”

The growth of online communication has raised important questions about privacy, free speech and the governance of the internet. In an interview for EUROPP, Katharina Borchert, the former CEO of Spiegel Online and current Chief Innovation Officer at Mozilla, discusses the pressing need for data protection online, and why tech companies have a responsibility to prevent the exploitation of […]

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    Only public dialogue can resolve Poland’s judicial reform crisis

Only public dialogue can resolve Poland’s judicial reform crisis

New disciplinary procedures for Polish judges have generated a sharply polarised response from Polish citizens. The reforms are part of a wider judicial reform programme the ruling Law and Justice party has implemented since coming to power in 2015. Anna Matczak argues that while politicians often cite public opinion when making their case for or against the reforms, there […]

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    Britain needs friends in the post-Brexit era. Alienating EU allies would be counter-productive

Britain needs friends in the post-Brexit era. Alienating EU allies would be counter-productive

Amid the posturing about trade, the fact that Britain no longer has a voice in the EU has gone largely unremarked, writes N Piers Ludlow. He warns that alienating European allies by talking tough risks harming the UK’s soft power and long-term interests.
At the heart of Edward Heath’s speech winding up the so-called ‘Great Debate’ in October 1971, when the Commons […]

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Introducing eastern Germany’s far-right intellectuals

On 5 February, Thomas Kemmerich of the Free Democratic Party (FDP) was elected as Minister President of Thuringia with the help of the Alternative for Germany (AfD). Sabine Volk explains that the incident, which has generated a heated reaction in Germany, highlights the role of far-right groups in shaping public debate in eastern Germany.

Following the AfD’s coup in Thuringia […]

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What are the prospects for the Polish Peasant Party?

The unexpected success of Poland’s agrarian-centrist party in last autumn’s parliamentary election suggests that there could be a niche for a moderate conservative-centrist grouping among voters uncomfortable with the country’s right-wing ruling party and liberal-left opposition, writes Aleks Szczerbiak. But, critics argue, in spite of its changing electorate and apparently more open political style, the agrarian party remains a […]

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    A political economy forecast of Ireland’s 2020 general election: Will the government lose fewer seats than expected?

A political economy forecast of Ireland’s 2020 general election: Will the government lose fewer seats than expected?

Irish voters will go to the polls today for a general election. Michael S. Lewis-Beck and Stephen Quinlan outline a new forecast model which suggests that Leo Varadkar’s Fine Gael will lose seats, but perhaps fewer than opinion polls currently suggest.

Irish voters head to the ballot box today. According to recent national opinion polls, we are on the cusp of a seismic shift, […]

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    Far-right, populist or bourgeois? How the election of Thuringia’s regional governor shakes up German politics

Far-right, populist or bourgeois? How the election of Thuringia’s regional governor shakes up German politics

The election of liberal politician Thomas Kemmerich as regional governor of the German state of Thuringia has shaken up German politics. Julian Göpffarth writes that the surprise vote shows far-right ideas in Germany not only resonate with the economically left-behind, but also with an educated bourgeoisie.

Wednesday, 5 February 2020 is likely to enter German post war history as a […]

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Brexit and the liberal elephant trap

Given the success of populist politicians across Europe, some pro-Europeans have openly wondered whether they should adopt the same tactics as populist parties to make the case for European integration. Michael Cottakis argues that this would be a mistake. To reverse the trend, pro-Europeans must quit dabbling in populism and instead play to their strengths by promoting dialogue and […]

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    Azerbaijan’s snap election: a real contest or business as usual?

Azerbaijan’s snap election: a real contest or business as usual?

Azerbaijan will hold a snap parliamentary election on 9 February. Arzu Geybullayeva explains that although there is little expectation the vote will be genuinely free and fair, there is a sense that this election could constitute a break with the past given the visibility of new candidates. However, it remains to be seen whether this will translate into real […]

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    What would it take for Scotland to rejoin the EU as an independent state?

What would it take for Scotland to rejoin the EU as an independent state?

If Scotland voted for independence, it would probably apply to rejoin the EU. Despite its unique history, it would have to follow the normal path to EU accession, says Anthony Salamone. Scots are not keen on the euro and fisheries would be a flashpoint. While the Scottish government would be well-advised not to seek opt-outs of the kind the UK […]

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The implications of Brexit for the UK economy

The United Kingdom has now formally left the European Union, but what does the future hold for the British economy? Following a recent event at LSE, Gerard Lyons, Vicky Pryce and John Van Reenen took questions from LSE staff, students and members of the public on the economic impact of Brexit.

A lot of the focus on the economic impact […]

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