The value added of CBDCs: a view from the euro area
Maria Demertzis and Catarina Martins argue that the ECB is uniquely positioned to help create the global standard, and in the process to help protect the EU’s global strategic interests
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Europe
Carbon trade-offs: how firms respond to emissions controls
Regulatory efforts to control carbon emissions are intensifying around the world. Maria Cecilia Bustamante and Francesca Zucchi examine the effects of carbon pricing mechanisms on businesses
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The EU must stop carbon leakage at the border to become climate neutral
The EU is committed to achieve climate neutrality by 2050. Justus Böning, Virginia di Nino and Till Folger argue that to meet this aim carbon leakage at the border must be stopped
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Developing Europe’s policy towards China
Ursula von der Leyen wants to de-risk, not de-couple trade with China, arguing that trade can remain strong as long as the EU can increase its resilience in some strategic sectors
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Citizens protest against compulsion and coercion
Patrick van Schie discusses the provincial elections in the Netherlands, and examines whether this might be part of a broader trend among voters in Western democracies
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Mobilising transition finance
Many jurisdictions now require companies to demonstrate ‘climate alignment’. Alexander Lehmann says investors need tools to evaluate whether transition plans are credible
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Britain’s road to Brexit
Patrick Minford evaluates the progress being made on the Brexit agenda, focussing on trade, regulation and the EU border
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COVID-19 and GVCs
Laura Lebastard, Marco Matani and Roberta Serafini examine the impact of COVID-19 supply disruptions on exporters in global value chains
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Climate risks and global value chains
Extreme weather events will become more frequent as global temperatures rise. Rikard Forslid and Mark Sanctuary analyse the impact of the 2011 Thailand flood on Swedish firms
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Navigating uncertainty
Petros Fassoulas and Aimée Duprat-Macabies stress the importance of social and green policies to build a just and resilient European economy
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