Facebook’s new cryptocurrency has the potential to be both widely accessible and attractive to those countries that do not have strong sovereign currencies. So far regulators have treated such currencies as a minor risk to national economics, but the Libra could change everything.
EU policymakers must find answers to pressing questions: if technology has a negative impact on labour income, how will the welfare state be funded? How can workers’ welfare rights be adequately secured? A team of Bruegel scholars, with the support of the Mastercard Center for Inclusive Growth, has taken on these questions.
This speech was delivered by Guntram Wolff at the Informal ECOFIN Meeting in Bucharest on 5 April 2019.
This Policy Contribution was written for the Informal ECOFIN Meeting, Bucharest, 5 April 2019. The authors look at the EU’s economic agenda, discussing the priorities for the next five years.
How can Europe catch up on the global electric vehicle race?
Machine learning and artificial intelligence (AI) systems are rapidly being adopted across the economy and society. Early excitement about the benefits of these systems has begun to be tempered by concerns about the risks that they introduce.
Marek Dabrowski and Lukasz Janikowski analyse why private money has historically failed in competition against sovereign currencies and what it means for modern virtual currencies, such as Bitcoin.
Which steps are needed to really change current practices and speed up sustainable finance?
How can competition policy adapt to market changes caused by new technologies, digital platforms and big data companies?
Banking and financial regulation in the East and the West: links, differences and future.
The Minister of Finance from Spain discusses challenges ahead of the European Council in December
The economic potential and risks of crypto assets: is a regulatory framework needed?