Economic growth
Europe places too much faith in supply-side policies
18 January 2013
The damage done to Europe's growth potential by very low investment and mass unemployment is likely to offset the benefits of structural reforms.
Asia's fading economic miracle
11 January 2013
Prediction is not destiny. Without vigorous reforms and stronger institutions, many Asian economies will struggle to transform themselves from middle income to wealthy countries.
Sound public finances require more than low budget deficits
04 January 2013
Small budget deficits are no guarantee of sustainable public finances: Europe needs higher inflation and growth if it is to stem the rise in public debt.
Europe's future in an age of austerity
18 December 2012
The CER invited leading economists and policy-makers to debate the implications of fiscal austerity for economic, political and monetary stability.
A multi-tier Europe? The political consequences of the euro crisis
07 December 2012
Euro members must integrate more to save the single currency. But will a two-tier EU destroy the single market and lose the support of the people?
Issue 87 - 2012
26 November 2012
- How Britain could leave the EU, Charles Grant
- Germany's opposition and the euro crisis, Katinka Barysch
- Eurozone: Trouble in the core?, Simon Tilford
Economic recovery requires a better deal for labour
05 November 2012
Unless labour receives a larger share of the pie, Europe's economic recovery will prove elusive and popular hostility to markets will grow.
How to build European services markets
28 September 2012
European services markets are still overwhelmingly national. There are big economic gains to be made from opening them up.
Europe’s leaders are casting around for ways to improve the EU’s economic performance. In the long term, a more integrated single market for services could improve Europe’s weak productivity growth. The...
Europe’s leaders are casting around for ways to improve the EU’s economic performance. In the long term, a more integrated single market for services could improve Europe’s weak productivity growth. The...
A banking union – it is necessary, but is it likely?
27 July 2012
Could the EU's summit of June 29 come to be regarded as a watershed? Following umpteen crisis summits that have failed to tackle the root causes of the eurozone crisis, EU leaders finally got to the heart of the matter: the need to break the vicious interaction between weak banks...
Issue 85 - 2012
27 July 2012
- Europe needs a Rooseveltian break with fear, Hugo Brady
- A banking union – it is necessary, but is it likely?, Philip Whyte
- Is the Franco-British defence treaty in trouble?, Tomas Valasek
Has the eurozone reached the limits of the politically possible?
12 July 2012
The limited measures agreed at June's summit are unlikely to take effect, suggesting that the eurozone has already reached the limits of the politically possible.
Some sorts of austerity are better than others
01 June 2012
Governments in the eurozone's periphery are making indiscriminate cuts. Reducing spending that does little to support demand and recycling it into investment would help.
Germany's choice: Higher inflation or sovereign defaults
09 May 2012
Germany faces a choice between higher inflation or a wave of sovereign defaults culminating in either a transfer union or the collapse of the eurozone.
Governance reforms have left the euro's flawed structure intact
18 April 2012
European leaders have presided over a major overhaul of the way the eurozone is run. But the eurozone's basic institutional configuration remains as unstable as ever.
Stable public finances require stronger business investment
26 March 2012
Economic recovery in Europe is being held back by the unprecedented weakness of business investment. Despite a secular decline in business taxation and labour market reforms that have boosted the power of capital relative to labour, the ratio of investment-to-GDP across the EU is at a 60 year low. Rather...
Issue 83 - 2012
23 March 2012
- How to keep Britain in the EU, Charles Grant
- Stable public finances require stronger business investment, Simon Tilford
- A new political bargain in Afghanistan, Edward Burke
Eurozone policy-makers place a big bet
13 March 2012
The ECB's decision to lend almost unlimited amounts of money to Europe's banks has bought the eurozone some time. But there is risk that time will be wasted.
Europe's growth strategy: All supply and no demand
27 February 2012
Europe's growth performance since 2008 has been abject. The reason is that fiscal policy has done too little to offset the impact of deleveraging in the private sector.
France: Why the self-flagellation?
10 February 2012
France has its economic weaknesses. But in some important respects its model holds out better prospects for a return to economic growth across the eurozone than does Germany's.
Greece's real challenge
03 February 2012
Greece's new bail-out package needs less austerity and more structural reforms. A bloated and immobile public sector remains a drag on growth.