Intereconomics | Review of European Economic Policy

Conference

Data-Driven Economy: Challenges and Opportunities

Join the discussion on our half-day conference in Berlin

Data as an independent asset plays an increasing role in today's economy. With experts from various fields we will discuss the challenges this transformation poses for companies, regulators and policymakers. Starting from the status-quo of data-driven business models we will discuss new tools to utilise data as an asset and how regulators and policymakers will have to refine the legal and regulatory framework to guide the transformation towards the general benefit.

Registration closed. Click here for details.

Editorial

Europe at the Crossroads

The question of whether to proceed with the European project and complete the monetary union or live with the fragile and incomplete currency union and eventually go back to ostensible national sovereignty is the crossroads Europe faces in the 2020s, writes Intereconomics' new Editor-in-Chief Christian Breuer. With voter turnout for the recent European elections topping 50% for the first time in over two decades and a record number of youth voters casting their ballots, we will continue to observe this crucial moment in the EU’s history, its influential voices and the path it ultimately decides to take.

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Quote of the Month

Gender Equality and Taxation Policies in the EU

"One of the most critical objectives in taxation remains to eliminate tax-related disincentives to female employment and the unequal distribution of paid and unpaid work."

From the Forum article, "Gender Equality and Taxation Policies in the EU" by Åsa Gunnarsson and Ulrike Spangenberg.

Figure of the Month

Effects on real consumption in the UK and EU27 in different Brexit scenarios

This figure from Gabriel Felbermayr’s article "Articles Brexit: A Hard-but-Smart Strategy and its Consequences" from our current issue shows different effects on real consumption in the UK and EU27 in different Brexit scenarios.

The FairTax Project

Sustainability in EU Tax Law

What makes sustainability so important is what also makes it so difficult, write Ann Mumford and Åsa Gunnarsson. While one of the goals of sustainability is economic growth, it is not the only one. In order to achieve a number of these different objectives simultaneously, it is important to use the law. Mumford and Gunnarsson identify the five dimensions of sustainability and conclude with the suggestion that the moment for giving the EU more power to fund the pursuit of these objectives has arrived and the way to do this is through taxation.

Read the full article here.

The FairTax Project

Taxing Large Businesses: Cooperative Compliance in Action

It is evident that large businesses are qualitatively different from other taxpayers. They have complex operations and structure and pose a significant risk to tax administration effectiveness due to their large tax payments. Cooperative compliance was born out of the need for a new approach. As part of the FairTax project, Lotta Björglund Larsen and Lynne Oats look at case studies from numerous Northern European countries in order to examine cooperative compliance and the move away from deterrent practices such as audits and penalties and toward a more responsive and collaborative approach.

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Brexit

A Hard-but-Smart Strategy and Its Consequences

European leaders have given the British government an extension - pushing Brexit back until October 31, 2019. Gabriel Felbermayr lays out the economic consequences of a hard Brexit and the alternatives that the UK has to consider over the next six months.

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