Publications
Economic analysis and policy recommendations based on rigorous academic underpinnings
Recent publications
Three risks that must be addressed for new European Union fiscal rules to succeed
The reform, completed in April 2024, left implementation unaddressed, or at least open to very different potential outcomes
Rippling out: Biden’s tariffs on Chinese electric vehicles and their impact on Europe
The US approach diverges from that of the EU, which is building a case for countervailing duties under WTO rules
Unpacking China’s industrial policy and its implications for Europe
This paper assess how beneficial industrial policy has been for China and how exportable to the European Union its model might be
How to de-risk: European economic security in a world of interdependence
The question is how exactly the EU should ‘de-risk’ its external economic relationships without foregoing the benefits of trade.
Using the financial system to enforce export controls
Russian imports of battlefield goods that are subject to export controls, including from Western producers, have surged since mid-2022
Publication list
Policy brief
04 December 2023
Improving the contestability of e-commerce in two jurisdictions: the Amazon case
The conduct described in the US complaints against Amazon harms competition between online stores and among the merchants who sell via them.
Analysis
23 November 2023
COP28: key issues at stake and indicators of success
COP28 must convey the importance to governments of better integrating climate considerations into financial decision-making.
Policy brief
16 November 2023
Compliance principles for the Digital Markets Act
This paper proposes an original set of five compliance principles derived from the DMA list of obligations.
Analysis
09 November 2023
The massive value of European Union cross-border electricity transmission
High values for cross-border electricity transmission capacity show the EU needs more connections between countries.
Analysis
08 November 2023
Digital Market Act designations: the interoperability of Google Android
The European Commission has taken an intelligent first step in enabling competition to Google Android and Google Play Services
Analysis
06 November 2023
The ‘pay-or-consent’ challenge for platform regulators
Users expect online services to be free but some digital firms are now offering pay-or-consent options, affecting competition dynamics.
Policy brief
02 November 2023
Third time lucky? China’s push to internationalise the renminbi
This paper analyses China’s different attempts to internationalise its currency and how they have fared.
Analysis
02 November 2023
‘Home-grown’ innovation has costs as well as benefits
Europe can improve its innovation systems, but should not try to copy the US approach
Analysis
02 November 2023
The reason for the European Union-Australia trade negotiation hiccup
Though trade talks have fallen through for now, the EU and Australia have long-term common interests in an eventual restart
Policy brief
26 October 2023
De-risking and decarbonising: a green tech partnership to reduce reliance on China
Greater alignment of the major economic powers is needed around a collective effort to improve security of supply for decarbonisation goods.
Analysis
26 October 2023
The European Union’s remarkable growth performance relative to the United States
The EU has outperformed the US on per-capita output growth; in terms of output per hour worked, some EU countries are as productive as the US
Working paper
23 October 2023
Recessions, the energy mix and environmental policy
This paper highlights that recessions result in permanent increases in energy efficiency and in the share of renewables in total electricity.
Analysis
10 October 2023
The European Union is ready for the 2023-24 winter gas season
Demand cuts, alternative supply and the green energy rollout mean the EU likely has enough gas for winter, even if Russian supplies are cut completely
Working paper
09 October 2023
To what extent can urbanisation mitigate the negative impact of population ageing in China?
Our analysis reveals that ageing accounts for only about 1 percentage point of the GDP growth rate deceleration over the past decade.
Analysis
09 October 2023
What will it cost the European Union to pay its economic recovery debt?
Servicing the EU debt until 2058 seems feasible, despite increased borrowing costs, but member countries must make choices about budget funding
Analysis
25 September 2023
The struggle to cut emissions from international aviation and shipping
Three possible policy pathways could lead to improvement and systemic change in the aviation and maritime sectors.
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