Bridging the gap
Innovation, investment and integration. Luis de Guindos discusses the revival of productivity growth in the euro area – a critical challenge that demands urgent attention and collective action
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Regulation
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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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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Key strategic priorities for the BVI
BVI Finance panel examines impact of recent UK elections and concludes international finance centres must inform new MPs about their significant contributions to the UK
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Overcome divisions and confront threats
The challenges confronting the EU are substantial. Maria Demertzis, André Sapir and Jeromin Zettelmeyer recommend that the new Presidents of the European Commission, Council and Parliament promote growth and enhance cohesion
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Why do financial crises happen so often?
Jon Danielsson argues that failures in regulation are a key reason for financial crises, and proposes that the authorities adopt diversification to build a more resilient financial system
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How the new EU fiscal rules can succeed
The EU has enacted new rules that overhaul the Stability and Growth Pact. Lucio Pench considers the issues that need to be addressed to ensure the new fiscal rules succeed
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Should AI stay or should AI go?
There is considerable disagreement about the growth potential of AI. Francesco Filippucci, Peter Gal, Cecilia Jona-Lasinio, Alvaro Leandro and Giuseppe Nicoletti argue that the promises and perils of AI-related economic growth is dependent on domestic and global governance issues
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