A service of the

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From Unemployment Struggles to Labour Market Shortages?

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Forum · Issue 2 · 2024
European Parliament Elections 2024: What Is at Stake?

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Forum · Issue 1 · 2024
Artificial Intelligence: Potential and Challenges for Europe

Forum · Issue 6 · 2023
The Future of EU Public Finances

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Forum · Issue 5 · 2023
Up to the Task? Post-Pandemic European Social Policy

Online First
Debt Financing European Air Defence

European air defence is a European public good. Joint funding is thus justified to ensure sufficient provisioning, write Armin Steinbach and Guntram Wolff. Debt funding is economically justified and would also benefit the development of European industrial defence capacities in air defence.

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Editorial
Europe's Cognitive Dissonance

The world has entered an age of permapolycrisis, writes Fabian Zuleeg. Our political leaders need to provide a forward-looking vision that provides a feasible but painful path to protect the values and interests of future European generations.

Online First
EU Concerns about Chinese Subsidies

China uses subsidies extensively to take a leading role in the global markets of green-tech products such as battery electric vehicles and wind turbines. Against the background of the current EU investigations into Chinese subsidies in these sectors, Frank Bickenbach, Dirk Dohse, Rolf Langhammer and Wan-Hsin Liu take a careful look at the Chinese subsidy system.

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Forum
Reinventing Skills – Changing Paradigms

Europe needs to take into account this “variable geometry” of paradigms, enablers and constraints, blending funding instruments with technical support and fostering partnerships if it intends to remain competitive and facilitate a smooth digital and green transition without leaving anyone behind, writes Ciresica Feyer.

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Public Investment
European Public Goods

Putting the high public debt ratios on a downward path and allocating sufficient resources to deliver on the green and digital transition will be among the priorities of the EU institutions after the European elections. Age Bakker, Roel Beetsma and Marco Buti propose a successor to NextGenerationEU – a new fund for financing European public goods to address the double transition.

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Global Food Security
BRICS: World Heavyweight in Agricultural Trade

BRICS, the 15-year-old alliance of Brazil, Russia, India, China and South Africa, has emerged as an important actor on the global political and economic stage, not least by expanding its membership to include middle-power states Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates in early 2024, write Thomas Glauben and Ivan Duric.

Quote of the Month

"European leaders have to stop acting according to the environment they would like to live in and start to live in the real world, which is becoming more challenging and contested, not less."

Fabian Zuleeg

Europe’s Cognitive Dissonance

Current Issue

Volume 59
2024
Issue 3

Read online

Figure of the Month

Vacancies in high-income countries (Standard deviations from the mean)

Following the initial pandemic shock, during which vacancies collapsed as businesses faced the uncertainty of a dawning economic crisis, job openings recovered to levels above historical averages by 2021 and peaked in 2022. Afterwards, the curves show a steep recovery but remain elevated compared to the long-term average, and variation within the panel is larger than before the pandemic.