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    What ECB speeches tell us about the battle of ideas during the Eurozone crisis

What ECB speeches tell us about the battle of ideas during the Eurozone crisis

A battle of ideas dominated the academic debate on the Eurozone crisis. One view stressed the importance of fiscal discipline, while the other highlighted the systemic roots of financial turmoil. Drawing on a new study based on a quantitative text analysis of ECB Executive Board members’ speeches, Federico Maria Ferrara shows how the ECB progressively moved from a fiscal […]

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Can Andrzej Duda lose the Polish presidential election?

Poland will hold a presidential election on 10 May, with a second round of voting scheduled for two weeks later if no candidate wins 50% of the vote. Aleks Szczerbiak explains that incumbent President Andrzej Duda will start as favourite, boosted by his credibility in helping deliver the government’s social spending and welfare policies, and his strong base in […]

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    The reputation of the euro and the European Central Bank: Interlinked or disconnected?

The reputation of the euro and the European Central Bank: Interlinked or disconnected?

The Eurozone crisis had a clear impact on trust in the euro and the European Central Bank (ECB). However, drawing on a new study, Stephanie Bergbauer, Nils Hernborg, Jean-François Jamet and Eric Persson explain that there are significant differences in the way citizens place trust in the euro and the ECB. They find that while support for the euro is primarily […]

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    Female parliamentarians still face a motherhood penalty, but the evidence globally suggests it can be ended

Female parliamentarians still face a motherhood penalty, but the evidence globally suggests it can be ended

It has long been assumed that female politicians face a trade-off between having a family life and a successful parliamentary career, while their male colleagues do not. Devin Joshi and Ryan Goehrung find that, while female MPs are still more likely to be unmarried and have fewer children, the gap in parental and marital status of members of parliament varies considerably internationally. They […]

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    Economic competition between native workers and migrants has a clear link with support for the radical right among French voters

Economic competition between native workers and migrants has a clear link with support for the radical right among French voters

Marine Le Pen has targeted the French local elections on 15 and 22 March as a way to build momentum ahead of the next French presidential election in 2022. Drawing on a new study, Diane Bolet writes on the role of economic competition between native workers and immigrants in determining support for Le Pen’s National Rally (formerly the Front […]

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    Not as simple as it should be? Why the judicial enforcement of posted workers’ rights needs improvement

Not as simple as it should be? Why the judicial enforcement of posted workers’ rights needs improvement

Companies based within the EU occasionally send their employees to work in other EU member states for limited periods of time – a process commonly termed ‘posting’. In principle, these workers are entitled under EU law to certain rights while working abroad, but in practice these rights are not always respected. Drawing on a new study, Magdalena Bernaciak and […]

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    Brexit will affect, but not determine, the EU’s roles in a changing world arena

Brexit will affect, but not determine, the EU’s roles in a changing world arena

What effects might Brexit have on the EU’s capacity to play an effective role in the world arena? Michael Smith writes that the Withdrawal Agreement suggests both the UK and EU will have to reassess their global roles and their discourses of globalism, but whereas for the UK this is an existential problem, for the EU it is part of a continuing […]

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Five takeaways from Slovakia’s parliamentary elections

Slovakia held parliamentary elections on 29 February. The election saw Smer-SD, which has been in power since 2012, suffer a significant drop in support, slipping to second place behind the opposition Ordinary People party. Michael Rossi presents five key takeaways from the results.

Two years after the murder of Slovak investigative journalist Ján Kuciak and his fiancée Martina Kusnirova that […]

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Deals, deals, deals: who needs them?

At a special meeting of the European Council on 20-21 February, EU leaders failed to reach an agreement on the organisation’s budget for 2021-27. As Iain Begg explains, the delicate process of negotiating the EU’s multi-annual financial framework (MFF) has been further complicated this time around by Brexit, with some states believing the loss of the UK’s budget contributions should […]

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    Spain and the populist radical right: Will Vox become a permanent feature of the Spanish party system?

Spain and the populist radical right: Will Vox become a permanent feature of the Spanish party system?

Vox won the third largest share of the vote in Spain’s general election in November. But is the success of the party a temporary phenomenon or a sign that populist radical right parties are destined to become a permanent feature of the Spanish party system? Lisa Zanotti and José Rama write that while political resentment and the Catalan independence […]

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    The populist citizen is a dissatisfied democrat, but a democrat nonetheless

The populist citizen is a dissatisfied democrat, but a democrat nonetheless

Are populist attitudes compatible with the principles of democracy? Drawing on a new study, Cristóbal Rovira Kaltwasser and Steven M. Van Hauwaert explain there is evidence populist citizens across the world adhere to democracy as a political system, but are disgruntled with how the democratic regime functions in their own country. Rather than conceiving of those who support populist […]

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    Business interest groups are the main customers of political consultancies in the EU

Business interest groups are the main customers of political consultancies in the EU

Political consultancies account for almost 10 per cent of the organisations present on the EU’s ‘Transparency Register’, which registers companies and individuals involved in lobbying the EU’s institutions. In a new study, Oliver Huwyler takes a closer look at the clients of these consultancies. He finds they are mostly firms and business associations, but that they rely on “hired […]

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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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