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    • Mark Kesselman
    Oct. 25, 2022

    Stalemate or Reaction? The Midterm Elections and their Discontents

    Stalemate or Reaction? The Midterm Elections and their Discontents

    How will the Republican Party use its new-found power if, as is near-certain, it gains control of one or both houses of Congress in the November midterm elections. Common wisdom about the American system of separated powers holds that divided control of Congress and the presidency produces stalemate, a freezing of the status quo. I suggest, on the contrary, that the result will be substantial: Republicans will use their congressional power not simply to block presidential initiatives but to reshape American politics and policy in reactionary, ultra-rightist, and anti-democratic directions. read more

    • Politics
    • Politics
    • Mike Goldsmith
    June 21, 2022

    If I wanted to go to there, I wouldn’t start from here

    If I wanted to go to there, I wouldn’t start from here

    The quote above is an anecdotal story of an Irishman giving an Englishman travel directions… and after twelve years of Conservative led governments I’m not sure that it is an inappropriate summary of how the United Kingdom got to where it is today. Nor am I sure where ‘there’ is either, given the current state of world affairs, continuing Covid issues and post Brexit difficulties. What the UK faces at the moment is a crisis of government at the centre of which are concerns about its leader, Boris Johnson. read more

    • European politics
    • Politics
    • Dominique Finon
    Dec. 28, 2021

    Nuclear power and natural gas: what lies behind EU inconsistencies?

    Nuclear power and natural gas: what lies behind EU inconsistencies?

    On December 21, the European Commission has just presented the new “state aid for climate, environmental protection and energy” regime, the main objective of which is to facilitate the achievement of the 2030 and 2050 climate objectives by authorising subsidies for all technologies contributing to the energy transition. However, nuclear power is excluded, while natural gas-based electricity production is covered. Why such an inconsistency? read more

    • European economy
    • Energy
    • European politics
    • Assaf Razin
    • Efraim Sadka
    May 25, 2021

    Europe vs. America: the federal governance matters

    Europe vs. America: the federal governance matters

    Europe and America have been strikingly different in terms of the Corona-era big-relief packages, and the roll out of Covid-19 vaccination. These differences are rooted in differences in their federal governance. Governance differences in the federal system matters also for migrants skill composition, tax burden, and the generosity of the welfare state. read more

    • European economy
    • Job market
    • Social welfare
    • Taxation
    • Mike Goldsmith
    May 6, 2021

    UK: there’s something in the air – and it does not smell too good!

    UK: there’s something in the air – and it does not smell too good!

    Despite its success with the vaccine campaign, the British government has not really had a good time since the outbreak of the Covid pandemic, nor since the United Kingdom left the European Union, whilst most recently it has found itself mired in a series of damaging leaks about the way in which it conducts its relation with certain business interests. Three areas of activity suggest a government which will not be known by historians for its competence and even its honesty. read more

    • Politics
    • European politics
    • Antoine Bouët
    • Brahima Cissé
    • Fousseini Traoré
    Feb. 24, 2021

    Africa’s food security requires accurate trade statistics

    Africa’s food security requires accurate trade statistics

    Africa’s trade flows, particularly in the agriculture and food products sector, are known to be very underestimated, suggesting there is a considerable margin of error. This greatly hampers the continent's governments in making policies for food security. Yet some improvements are in sight. A well-structured partnership between private operators, apex organizations, national statistical institutes, and international institutions can make an important contribution to improving Africa’s international trade statistics. read more

    • International trade
    • Emerging countries
    • Charles Dennery
    Feb. 16, 2021

    Claims of electoral fraud are as American as apple pie

    Claims of electoral fraud are as American as apple pie

    For a non-American observer, US presidential elections can be quite surprising. On top of a system of Electors and swing states, voting by mail or without a voter ID seems an open door for fraud. But claims of electoral fraud are nearly as ancient as the US democracy, and point to the conflicting views of many voters towards immigration and minorities. Federalism prevents any harmonization across states. read more

    • Politics
    • Culture and society
    • Jean-Louis Missika
    Jan. 20, 2021

    Facebook, Twitter, ending the hypocrisy

    Facebook, Twitter, ending the hypocrisy

    Can Twitter and Facebook still say, after censoring the President of the United States, that they have no editorial responsibility for the content they publish? To ask the question is to answer it. This calls for enhancing regulation. But how? read more

    • Culture and society
    • Politics
    • Salvatore Perri
    June 26, 2020

    European funds and southern Italian regions: a critical view

    European funds and southern Italian regions: a critical view

    At this stage of the Covid-19 crisis, there is a purpose on the table (among others) to use ordinary European Funds for emergency, without constraints. This is the opportunity to focalize the attention of public opinion in terms of the resources that Europe gives to Southern Italian regions, in particular, due to the fact that they are unable to spend. read more

    • European economy
    • European politics
    • Juergen Braunstein
    • Sachin Silva
    June 25, 2020

    Post Covid-19 economy: state capitalism with expiration date

    Post Covid-19 economy: state capitalism with expiration date

    Public spending is bound to intensify over the coming months and even years. Increased spending will undoubtedly go hand-in-hand with increased scrutiny and demand for fiscal discipline. An old ally – the SWF – might indeed be governments’ best hope in balancing public responsibility with private interests in a post-pandemic economy. read more

    • Global finance
    • European economy
    • Apostolos Thomadakis
    June 24, 2020

    COVID-19 in developing countries: whatever it takes?

    COVID-19 in developing countries: whatever it takes?

    Latin American and African countries, in particular those that are more connected to the world economy, are already experiencing the economic impact: collapse in commodity prices, falling tourists’ revenues, drop in remittances, massive capital outflows. There is need for a global and effective response to the virus. read more

    • Emerging countries
    • Global finance
    • Federico Fabbrini
    May 9, 2020

    Eurozone auf Wiedersehen?

    Eurozone auf Wiedersehen?

    With its recent ruling on the EBC's QE programm, the German Federal Constitutional Court just crossed the Rubicon and for the first time ever nullifies action by an EU institution (the ECB) which had been declared fully legal by another EU institution (the ECJ) – and on the basis of economic arguments on which it has no expertise. It now remains to be seen what will happen. read more

    • European economy
    • European politics
    • Frédéric Benqué
    • Joyce Bessis
    • Vincent Champain
    March 29, 2019

    Let’s not oppose climate policies and purchasing power! Lessons from the French climate transition

    Let’s not oppose climate policies and purchasing power! Lessons from the French climate transition

    Rising green taxes on gasoline initially sparked the “Yellow Jackets” movement in November 2018. The winter of discontent that came with the tax riots reminds us of the importance of reconciling protection of purchasing power with that of the climate. read more

    • Energy
    • Politics
    • Taxation
    • Mike Goldsmith
    July 19, 2018

    Drowning, not waving: the UK and Brexit

    Drowning, not waving: the UK and Brexit

    So far Mrs May has been able to hold her party together – there currently seems to be no desire for a leadership challenge from those dissatisfied with her proposals, and there is no readily apparent leader in waiting. A challenge may come later in the year, especially if the government is seen as making any further concessions to the EU. Meanwhile preparations for a No Deal outcome are under consideration. Thus, the British government is not quite drowning and is certainly not waving. But its boat is certainly unstable. read more

    • European politics
    • European economy
    • International affairs
    • International trade
    • Politics
    • Éric Chaney
    May 23, 2018

    Fiscal money is an illusion, not a solution

    Fiscal money is an illusion, not a solution

    In their recent Telos post, a group of Italian economists who name themselves the Group of Fiscal Money assert that Credit Tax Certificates, which are tax assets, would not increase the Italian government deficit and would even contribute to curtail the debt burden. I am not convinced by their argumentation. read more

    • European economy
    • Taxation
    • Group of Fiscal Money
    May 23, 2018

    Fiscal money as a solution to Italian eurowoes

    Fiscal money as a solution to Italian eurowoes

    As fiscal rules constrain Italy’s ability to reflate demand by issuing debt, and with monetary policy being as accommodative as it gets, an alternative instrument is required. Fiscal Money provides such instrument. Our proposal is for government to issue transferable and negotiable bonds, which bearers may use for tax rebates two years after issuance. read more

    • European economy
    • European politics
    • Taxation
    • 14 économistes français et allemands
    Jan. 17, 2018

    Réconcilier solidarité et discipline de marché dans la zone euro

    Réconcilier solidarité et discipline de marché dans la zone euro

    La zone euro goûte enfin au bonheur d’une reprise robuste. La tentation est forte pour les responsables politiques de baisser la garde. Ce serait une grave erreur car la monnaie unique reste vulnérable. Quatorze économistes français et allemands, considérant que la polarisation du débat entre solidarité (entre États membres) et responsabilité (au niveau de chacun d’entre eux) constitue une fausse alternative, proposent six réformes… read more

    • Économie
    • Économie de la zone euro
    • Politique monétaire
    • Banque, finance
    • European economy
    • European politics
    • Renée Fregosi
    Jan. 15, 2018

    Haute tension en Argentine: les suites de l’affaire du juge Nisman

    Haute tension en Argentine: les suites de l’affaire du juge Nisman

    Vingt-quatre ans après l’attaque terroriste à la bombe contre l’AMIA, mutuelle juive de Buenos Aires, qui fit 85 morts et plus de 200 blessés, et la mort en 2015 du juge Nisman chargé de l’enquête, la police et la justice argentines progressent dans leur recherche des auteurs de la mort du juge Nisman, et de ceux de l’attentat de l’AMIA, dans un climat tendu… read more

    • Politique française et internationale
    • Justice et police
    • Populismes et nouvelles radicalités
    • Terrorisme
    • Amérique hispanophone
    • Culture and society
    • Florian Rétif
    March 30, 2016

    Protect or innovate? Of Marseille Soap and other traditional products

    Protect or innovate? Of Marseille Soap and other traditional products

    How to protect non-food products which are emblematic of a geographical area? The European Commission is working on the extension of both protected designation of origin (PDO) and protected geographical indication (PGI) system for non-agricultural products. What are the challenges? Is such a regulation adapted? read more

    • European economy
    • International trade
    • Marc Clément
    March 11, 2016

    Boris Johnson, tea bags and the complexity of law

    Boris Johnson, tea bags and the complexity of law

    Boris Johnson, in his plea for Brexit, develops the familiar theme of excess of niggling and stupid standards coming from Brussels. But the proliferation of legal texts is not to be blamed on the European Union. It reflects the tensions between conflicting aspirations of a complex society, the demand for ever greater security and the refusal of any hazard. read more

    • European politics
    • Royaume-Uni
    • European economy
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