Intereconomics invites you to attend our annual conference to be held 24 April at the Centre for European Policy Studies (CEPS) in Brussels. The focus of this year's conference will be Labour Mobility in the EU. Presenters include Carlos Vargas-Silva, Pawel Kaczmarczyk, Timo Baas, Mario Izquierdo, Mikkel Barslund, Béla Galgóczi and Jackie Morin.
This Forum examines the evolution of national financial systems within the EU over the past three decades. It analyses the processes of financialisation that have dominated this period as well as the causes and consequences of the financial crisis from the perspectives of five individual member states – Germany, France, the UK, Italy and Spain. Furthermore, the authors put forward policy proposals which could change the role of the financial system to better serve economic and social objectives.
This figure from the Forum article The Financial System and Economic Policy in the UK: Problems of Internationalisation by Mimoza Shabani, Jan Toporowski and Judith Tyson depicts a shift towards greater inequality in the distribution of labour income in the UK. Click on the figure for further information.
In December 2013 the final wording of the long-delayed and intensely debated Volcker Rule was agreed upon. In this issue's Letter from America, Gerald Epstein (University of Massachusetts Amherst) reviews the struggles of US public interest groups to fend off the efforts of banking lobbyists to water down the regulation, which aims to separate boring banking from risky, speculative banking. The main battleground has been over the scope of the exceptions granted to banks for their hedging and market-making activities.
This Forum from early 2010 appeared as economic discussions in Europe were shifting from an emphasis on the euro's role in limiting the impact of the global financial crisis on the euro area countries to the destabilising effects threatening the entire euro zone as a consequence of the dire fiscal situation in countries like Greece. In this forum, some of Europe's top economists debate whether the EMU would be able to pass the first serious challenge it faced or whether it was a fair-weather construction with basic design flaws.
"The sudden and unexpected collapse of Ukraine or the ongoing stagnation and decay in Bosnia-Herzegovina, Kosovo and Macedonia, let alone the ongoing tremors of the “Arab Spring”, may make it clear even for laymen that the consolidation of the Eastern European neighbourhood within an expanded European Union has indeed been an unprecedented historic accomplishment."
- from László Csaba's Editorial Ten Years After
Eastward enlargement of the European Union has become a fact of history by now. The Central and East European members behave and act as if they had always been part of the EU – for better or worse. In an Editorial on the tenth anniversary of the 2004 EU enlargement, László Csaba (Central European University) explores what the second decade of EU membership holds for the new member states.
by László Csaba
by Daniel Detzer, Jérôme Creel, Fabien Labondance, Sandrine Levasseur, Mimoza Shabani, Jan Toporowski, Judith Tyson, Costanza Consolandi, Giampaolo Gabbi, Massimo Matthias, Pietro Vozzella, Carlos A. Carrasco, Patricia Peinado, Carlos Rodríguez González
by Adalbert Winkler
by Henning Vöpel, Susanne Mueller-Using
by Udo Ludwig, Hans-Ulrich Brautzsch
by Gerald Epstein
Vassilis Monastiriotis, Niamh Hardiman, Aidan Regan, Chiara Goretti, Lucio Landi, J. Ignacio Conde-Ruiz, Carmen Marín, Ricardo Cabral
Davide Viaggi, Jean-Christophe Bureau, Stefan Tangermann, Alan Matthews, Christophe Crombez, Louise Knops, Johan Swinnen
Sue Maguire, Bart Cockx, Juan J. Dolado, Florentino Felgueroso, Marcel Jansen, Izabela Styczyńska, Elish Kelly, Seamus McGuinnes, Werner Eichhorst, Holger Hinte, Ulf Rinne
Stéphanie Marie Stolz
Daniel Gros, Cinzia Alcidi, Michael Biggs, Thomas Mayer, Bart van Ark