The ECB recently announced that its quantitative easing programme will stop at the end of 2018. Corrado Macchiarelli and Mara Monti write that the way this decision is managed will be crucial for avoiding potential market disruptions in the eurozone. However, the key long-term concern will be achieving political consensus in the coming years given the challenge posed by […]
Bob Hancké of the LSE points out the domestic economic effects of Brexit are dynamic, not static. While some industries will be devastated by Brexit, resources may switch to other areas which, in theory, could thrive. But for this to happen, the UK needs to revamp its industrial supply chains, which are dependent on close links to European manufacturers […]
Since the 1990s, public sector outsourcing has evolved through competitive tendering, partnership working (particularly via Public Finance Initiatives), strategic-commissioning and prime-contracting. Each of these iterations has promised better public goods and services for less cost. Their practice, however, has frequently been marked by rising costs and lower service quality. Abby Innes explains why.
The logic of outsourcing is that market-based production […]
Phillipe Pochet of the European Trade Union Institute in Brussels sees the recurring Greek debt crisis as emblematic of the conflict between markets and democracy After the rush of commentary formulated in the heat of the moment, the Greek election results call for analysis also from a longer-term and twofold standpoint. There is a need to examine, on the one […]
Bela Galgoczi of the ETUI in Brussels says a lack of coherent policies is hindering Europe’s efforts to tackle climate change Europe is losing momentum in greening its economy, and its former leadership in this area is eroding rapidly. Indeed, after a 60% drop in clean energy investment in 2013 compared to the 2011 peak, Europe has become the global laggard in […]
Plamen Dimitrov of the Bulgarian trade union confederation, CITUB, assesses the pros and cons of migration by Bulgarian workers to Western Europe. He argues that the negative impact on labour markets in host countries is exaggerated, and is in any case far outweighed by the benefits they receive from tax revenues and the skills these workers bring – often to […]
The purpose of this blog is to provoke discussion about the future of the European economy and social model, and we hope we are starting to do that. Before we wind down a bit for the Summer, we thought we would alert our readers to a great opportunity to discuss these issues in person at a major conference being held in […]