European Policy Research
In this section you find analyses and commentaries on European (and especially German) economic and fiscal policy. Particular attention is devoted to the institutional development of the EU, above all monetary union, and its individual policy areas.
Talking Point
Youth unemployment in the EU: Are we improving?
The European Commission proposed to increase the funds for fighting youth unemployment as part of the mid-term review of the EU budget. How to evaluate this idea in the light of the current labour market situation for young people in Europe? [more]
Chart in focus
In focus
The future of the EU: Which road to take?
The discussion about the future of the EU27 is on. To frame the debate, the European Commission issued a White Paper in early March, including five scenarios to outline what the EU could look like in 2025. There is more than “more or less integration”. In fact, the two scenarios attracting most attention are ideas for a Union with stronger emphasis on differentiated integration and an option trying to reconcile calls for a leaner EU with ambition for integration on key issues. Ideas about multi-speed integration in particular are a sensitive topic among member states. The White Paper only marked the start. There are five further papers planned for Q2 to provide more detail for different policy areas. From a market perspective, the paper fleshing out ideas for the future of EMU to be published towards the end of May should be the key one to watch. [more]
EU Monitor
Who is afraid of populists?
With developments in the UK and the US, populism was a key theme in 2016. But does the perception of 2016 as “the year of the populists” really fit for Europe? A closer look suggests that while populism was an omnipresent theme in public discourse, support for populist parties in polls rather remained stable and elections did not translate into outright populist wins. The rise of populist parties has however been a multi-year trend. Populists can affect national politics in various ways. One possible effect is that forming a government (coalition) often gets more complicated and time-consuming and results in more fragile governments. Another is populists’ potential impact on policy discussions’ style and content. Pursuing policies with long-term benefits but which are often not instantly popular becomes more difficult ‒ both at the national and the European level. [more]
Research Briefing
Promoting investment in Europe: Where do we stand with the Juncker Plan?
The Juncker Plan set out to boost investment in Europe and can show some progress so far. After operating for about a year, a total of EUR 12.8 bn financing of the European Fund for Strategic Investments (EFSI) has been approved by the European Investment Bank and the European Investment Fund. This is expected to trigger EUR 100 bn of total investment according to estimates by the institutions. The European Commission has already called for extension of EFSI beyond the initial three year period ideally increasing its scale and scope. However, considerations about EFSI’s future need to be based on thorough evaluation of effectiveness and demonstrated added value. After the first year, there is -quite naturally- more information on activity than evidence on impact. To that effect, continuous monitoring and mid-term stock-taking are key to inform the debate about EFSI's future. [more]
 
 
Publications
Articles on economic policy appear in the following periodicals: 
SMEs
Dataflash Eurozone
    European elections 2014
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