The three pillars of effective EU competition policy
Fiona Scott Morton considers competition policy in the European Union, and clarifies the relationship between competition and industrial policy, showing that there is in fact no tension
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Author: Op-ed
Financing European air defence through EU debt
Europe is vulnerable to air attacks by both state and non-state actors. Armin Steinbach and Guntram Wolff propose the creation of an EU funding mechanism to internalise the positive externalities provided by national air-defence systems
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From shadows to sunrise
How to overcome the middle-income trap. Ufuk Akcigit and Somik Lall argue that governments must cultivate skilled talent while tempering the traditional reliance on cheap energy as a cornerstone of rapid development
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Investing in defence as a European public good
Geopolitical threats have put defence high on the EU political agenda. Roel Beetsma, Marco Buti and Francesco Nicoli discuss the delivery and financing a European defence capability
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Reflecting on recent times
Policymakers’ responses to global events have laid bare the challenges and trade-offs inherent in addressing monetary policy and financial stability shocks. Andrew Bailey discusses what lessons can be learnt
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Renewing companies, institutions, and society
As Peter Drucker recognised, management is more than a business function; it is a vital capability for all institutions and the foundation of societal progress. Richard Straub considers the vital importance of management
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Pandemic-related economic distortions are fading
Jerome Powell addresses the current economic situation and the path ahead for monetary policy, discussing economic events since the pandemic and exploring why inflation rose to levels not seen in a generation
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Assessing degrowth
Many have postulated degrowth as a strategy to confront environmental and social problems. Ivan Savin and Jeroen van den Bergh review the content, data, and methods and conclude that most studies are opinions rather than analysis
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Connecting the dots on hydrogen trade
The clean energy transition is advancing. Jorgo Chatzimarkakis explores the roadmaps and challenges to boosting hydrogen’s role for decarbonisation
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A capital markets solution for private companies
Cees Vermaas explains how public markets are underserving many companies, and how the growing private company economy needs an efficient and cost-effective solution for share trading
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