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The EU Directive on Corporate Sustainable Due Diligence has sparked fierce debate about the regulation of supply chains. The directive's objectives are aligned with European values. However, it raises concerns that the compliance costs of social and environmental regulations may be privatised in...
Persistent link: https://www.econbiz.de/10014485130
WWWforEurope has developed a comprehensive strategy to set Europe on a path to a socio-ecological transition. The strategy begins by renouncing the long-established concept of using GDP growth figures as the benchmark for economic and societal progress. In contrast, it sets “well-being in a...
Persistent link: https://www.econbiz.de/10011631237
Persistent link: https://www.econbiz.de/10010272125
Despite the substantial economic and political problems currently, it is important to recall that European integration has by and large been a success. However, restarting economic growth now should not follow the old trajectory, nor should it be built on old myths. It should start from a new...
Persistent link: https://www.econbiz.de/10011478116
The economic agenda of bringing jobs back and improving dynamics can sometimes work in the short run, if past fiscal prudence has left some space for higher government expenditures for low incomes. However, in the long run, protection and redistribution without active components, innovation and...
Persistent link: https://www.econbiz.de/10012290165
The economic consequences of the war could potentially be used to postpone climate policy, energy saving and the shift to renewable energy. This includes investments in atomic energy – perhaps in smaller plants – as there is still no satisfactory solution for the storage of nuclear waste.
Persistent link: https://www.econbiz.de/10013343194
After President Trump's departure, many expected that the transatlantic partnership would return to its previous state with the US playing a leading role. This article challenges that view. Instead, a new world order is foreseen, with different partnerships and spheres of influence. Europe can...
Persistent link: https://www.econbiz.de/10012700515
The financial crisis has affected the real economy in stages yet nevertheless at an unexpected rate and with all regions being affected simultaneously. It advanced almost independently of the regions' exposure to the actual initial causes, among them the subprime crisis, innovative financial...
Persistent link: https://www.econbiz.de/10010289108
There is evidence that a budget consolidation strategy can work with only a small and shortlived negative impact on growth. However, many countries are currently trying to consolidate at the same time as firms and consumers are deleveraging. We develop ten guidelines for consolidation during...
Persistent link: https://www.econbiz.de/10010290831
European citizens often assess EU policy as too centralistic and bureaucratic, causing them to vote for populist parties which promise to take “my country back” or even exit from the union. However, many problems – from climate change to the refugee problem – could be better solved at...
Persistent link: https://www.econbiz.de/10012151409