The end of ‘enjoy now, pay later’
Concerns over government debt have been on the rise. Martin Larch provides a brief history of government debt in the EU and draws attention to some important issues that are normally kept in the background
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Author: Op-ed
Setbacks and strides forward
The global economy is facing rifts comparable to the pressures that resulted in ‘economic nationalism, a collapse in global trade and the Great Depression of the 1920s, Christine Lagarde warns
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Sharing economic sovereignty is hard but possible
Marco Buti and Marcello Messori discuss Draghi’s European competitiveness report, and argue that European public goods should be the linchpin of a new political and institutional contract
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The fear of failing
Failing is a part of life. Jonathan Sharp discusses how the fear of failure stunts growth and innovation and the role solution providers have in reducing anxiety
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China’s deepening relationship with Africa
China has a close relationship with Africa. Linda Calabrese discusses why China is seeking a greater presence and looks at the strategy behind its financial deals
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Draghi’s real message on European competition enforcement
The Draghi report on The Future of European Competitiveness is a milestone. Cristina Caffarra argues that not delivering on innovation and growth is the key takeaway, and is not a prescription to relax competition enforcement
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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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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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