Understanding the Juncker Plan

Jean-Claude Juncker recently proposed doubling the EU investment plan by 2020. Our experts explain how the plan works and review its effectiveness.

All eyes on China

Read Bruegel's scholars latest research on China including the Belt and Road initiative.

The Sound of Economics

Discover "The sound of economics", our new podcast series about economic policy.

Focus on Brexit

Read Bruegel scholars' blogs and publications on Brexit.

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Blog Post

Simone Tagliapietra

Could Europe come up short in the race to the Marrakesh climate conference?

One year after the Paris climate conference, Europe struggles to advance its own ratification process of the agreement. However, a fast-track EU ratification procedure could enable the Paris Agreement to enter into force in time for the Marrakesh climate conference.

By: Simone Tagliapietra Topic: Energy & Climate Date: September 28, 2016
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Blog Post

Giuseppe Porcaro

The industrial internet will transform policymaking

The ‘internet of things’ will bring major changes in many areas of life, including the political arena. What will be the new communication tools, strategies and narratives for policymakers?

By: Giuseppe Porcaro Topic: Innovation & Competition Policy Date: September 28, 2016
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Blog Post

André Sapir
Guntram B. Wolff

The Continental Partnership proposal: a reply to five main criticisms

The proposal for a Continental Partnership (CP) has received a great deal of attention. Two of the authors, André Sapir and Guntram Wolff, clarify some misunderstandings and respond to five key criticisms. They argue that the CP does not offer a way for EU members to restrict freedom of movement, nor is there a great risk of “political contagion”. Indeed, a CP arrangement could be the best route for the remaining EU members to maintain strong economic and security cooperation with the UK, while defending themselves against dumping and vetoes.

By: André Sapir and Guntram B. Wolff Topic: European Macroeconomics & Governance Date: September 27, 2016
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Policy Contribution

pc-16-16

An approach to identify the sources of low-carbon growth for Europe

In order to secure growth and jobs, Europe needs a new growth model built on developing emerging sectors with high value added. But in which sectors can Europe grow, and what economic policies would work?

By: Georg Zachmann Topic: Energy & Climate Date: September 27, 2016
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Policy Contribution

pc15_16

Low long-term rates: bond bubble or symptom of secular stagnation?

Yields on European sovereign bonds have reached historically low levels in 2016. This secular decline in long-term sovereign yields is not limited to the euro area. Why are interest rates currently so low? Are low long-term trates justified by fundamental factors or is it an artificial phenomenon?

By: Grégory Claeys Topic: European Macroeconomics & Governance Date: September 26, 2016

38 minutes ago

Happening in 1 hour! Livestream #BruegelEvent on #InclusiveGrowth w/ @CNTR4growth https://t.co/zJpRCqVIQe https://t.co/7BxeM5xSO3

14 hours ago

The factors behind the decline in yields of European #SovereignBonds over last 30 years https://t.co/88jVe97B9p https://t.co/ndFW30adDZ

16 hours ago

"By 26 Sept, only 5 EU countries had ratified the #ParisAgreement : Austria, France, Germany, Hungary and Slovakia"… https://t.co/Pqp5Blod1j

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Blog Post

Nicolas Véron

The City will decline—and we will be the poorer for it

Just as the City owes much of its current awe-inspiring prosperity to European integration, the brutal realities of Brexit will make it shrink, not thrive. All this is bleak news, not just for the City but for the UK's economy.

By: Nicolas Véron Topic: European Macroeconomics & Governance Date: September 14, 2016
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Policy Contribution

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What are the prerequisites for a euro-area fiscal capacity?

In this Policy Contribution, Maria Demertzsis and Guntram B. Wolff discuss three progressive steps for strengthening the fiscal framework at the euro-area level. These lead to less interference in national fiscal policymaking thanks to a more credible no-bailout clause, increased risk sharing and different degrees of provision of euro-area-wide public goods and fiscal stabilisation.

By: Maria Demertzis and Guntram B. Wolff Topic: European Macroeconomics & Governance Date: September 9, 2016
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Podcast

Podcast

The future of Europe

Europe is at a crossroads. What must European leaders do to combat populism, the refugee crisis, and low growth?

By: Bruegel Topic: European Macroeconomics & Governance, Global Economics & Governance Date: September 7, 2016
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Working Paper

WP0516 cover

China’s Belt and Road initiative: can Europe expect trade gains?

The Belt and Road aims to ease bottlenecks for cross-border trade in Asia, Europe and Africa. This paper measures empirically whether the reduction in transportation costs will have a positive impact on trade flows for Belt and Road countries and for EU countries. The authors also explore the possibility that the Belt and Road may eventually go beyond its current objectives towards the creation of a free trade area.

By: Alicia García-Herrero and Jianwei Xu Topic: Global Economics & Governance Date: September 5, 2016
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External Publication

Europe after Brexit

Europe after Brexit: A proposal for a continental partnership

This paper leaves aside the issue of EU reform and focuses on the desirable EU-UK relationship after Brexit. The authors argue that none of the existing models of partnership with the EU would be suitable for the UK. They propose a new form of collaboration, a continental partnership, which is considerably less deep than EU membership but rather closer than a simple free-trade agreement

By: Jean Pisani-Ferry, Norbert Röttgen, André Sapir, Paul Tucker and Guntram B. Wolff Topic: European Macroeconomics & Governance Date: August 29, 2016
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Upcoming Event

Sep
29
08:30

Inclusive growth in the European Union

Why is inclusive growth important and how do the EU’s social problems differ from social problems in other parts of the world?

Speakers: Brando Benifei, Monica Brezzi, Bea Cantillon, Zsolt Darvas, Jana Hainsworth, Stefaan Hermans, Barbara Kauffmann, Dalia Marin, Tim Murphy, André Sapir, Reinhilde Veugelers, Luca Visentini and Guntram B. Wolff Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels
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Upcoming Event

Oct
3
12:50

Big data, digital platforms and market competition

How does big data generate economic value for firms and individuals? How should we respond to potential antitrust concerns?

Speakers: Damien Neven, Georgios Petropoulos, Hal Varian, Reinhilde Veugelers and Tommaso Valletti Topic: Innovation & Competition Policy Location: Bruegel, Rue de la Charité 33, 1210 Brussels
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Parliamentary Testimony

French Assembly

Options after Brexit

Oral presentation at the French Senate

By: Guntram B. Wolff Topic: French Assembly, Parliamentary Testimonies Date: September 27, 2016
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Upcoming Event

Oct
4
12:30

Potential impediments to long-term investment

How can we encourage long-term investment in Europe? Many factors hinder long-term investment but are there risks involved in reviewing existing regulation?

Speakers: Sophie Barbier, Grégory Claeys, Miguel Gil Tertre, Edoardo Reviglio and Sandra Rigot Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels
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Blog Post

Silvia Merler

Big in Japan

What’s at stake: This week saw two important Central Banks’ meetings, whose outcomes could hardly be more different. While the U.S. Federal Reserve left interest rates unchanged, the Bank of Japan introduced a big shift in its easing framework. BOJ committed itself to overshoot its inflation target of 2 percent, and introduced a targeting of the yield on ten-year Japanese government debt, initially at about zero percent. We review the economic blogosphere reaction to this latest monetary policy action.

By: Silvia Merler Topic: Global Economics & Governance Date: September 26, 2016
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Upcoming Event

Oct
10
12:30

Financial Times/Bruegel European Forum: Where now for the UK and the EU after the vote for Brexit?

Three months after the results of the UK referendum there is still a lot of uncertainty about the future. The Financial Times and Bruegel bring together a panel to discuss the most crucial questions.

Speakers: Lionel Barber, James Blitz, Maria Demertzis, Sylvie Goulard and Guntram B. Wolff Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels
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Upcoming Event

Oct
12
12:30

Europe Lab: Competitiveness and inclusive growth

The Europe Lab aims to support the design, launch and implementation of actionable agendas for public-private collaborations to increase competitiveness and inclusive growth in Europe.

Topic: Innovation & Competition Policy Location: Bruegel, Rue de la Charité 33, 1210 Brussels
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