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Increasing systemic legal risks in the EU: The economic impacts of changes to the EU's Product Liability legislation
Bauer, Matthias; Sisto, Elena - 2023
The EU's Product Liability Directive (PLD) determines the rules for strict product liability in the EU. It establishes … a framework in which manufacturers' liability is determined solely based on the presence of defects in the product …, regardless of the manufacturer's fault. The PLD is intended to serve as a "safety net" when fault-based or contractual liability …
Persistent link: https://www.econbiz.de/10014560165
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Europas Schuldenproblem: Wie sich der gordische Knoten lösen lässt
König, Jörg - 2022
und Haftung auf derselben Ebene - national oder europäisch - anzusiedeln. Die Mehrheit der europäischen Bürger, Parlamente …
Persistent link: https://www.econbiz.de/10013336949
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The EU and its member states: Pursuing diverse interests in the CIS region
Dura, George - 2008
The CIS region is of vital importance for the EU countries considering that both are interconnected through cooperation or membership in supranational political and economic institutions (OSCE, WTO, OECD, NATO, etc.), through transport and energy corridors, through investment, trade and...
Persistent link: https://www.econbiz.de/10011430815
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On the stance of macroprudential policy
Cecchetti, Stephen G.; Suárez, Javier - 2021
In this report we outline how a formulating normative measure of macroprudential policy stance requires a framework containing objectives, tools and transmission mechanisms. To complement the currently prevailing narrative approach, we apply lessons from the monetary policy to macroprudential...
Persistent link: https://www.econbiz.de/10014327917
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Will video kill the radio star? Digitalisation and the future of banking
Beck, Thorsten; Cecchetti, Stephen G.; Grothe, Magdalena; … - 2022
The contribution of financial and non-financial risks to the overall level of risk in the system depends on the current state of the EU banking system (which, in the aggregate and compared with banking sectors in other major advanced economies, cannot be characterised as strong) and how...
Persistent link: https://www.econbiz.de/10014327923
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Corporate credit and leverage in the EU: Recent evolution, main drivers and financial stability implications
Beck, Thorsten; Peltonen, Tuomo; Perotti, Enrico C.; … - 2023
This report presents a long-term view of the evolution of financing of EU non-financial corporations (NFCs) in recent decades. It finds a decline in NFC leverage since at least 2008, and across countries, size categories and industries. It also documents a growing role of non-bank financial...
Persistent link: https://www.econbiz.de/10014327946
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The Gini Trade Index: What can we learn from a new trade indicator?
Cernat, Lucian - 2024
This Policy Brief introduces the Gini Trade Index (GTI) as a new trade synthetic key performance indicator capable of capturing the different distribution of trade values across firm characteristics and across countries. The new indicator replicates the well-known features of the traditional...
Persistent link: https://www.econbiz.de/10014560170
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Calling on the EU-US Trade and Technology Council: How to deliver for the planet and the economy
Guinea, Oscar; Sharma, Vanika; Lamprecht, Philipp; … - 2024
This Policy Brief proposes the establishment of an agreement on conformity assessment between the EU and the US that covers machinery and electrical equipment. The initiative aims to increase the number of European and US conformity assessment bodies authorized to test and certify EU and US...
Persistent link: https://www.econbiz.de/10014560196
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EU autonomy, the Brussels Effect, and the rise of global economic protectionism
Bauer, Matthias; Pandya, Dyuti - 2024
The Brussels Effect, once emblematic of the EU's alleged influence in shaping global regulations, has now become a factor contributing to global regulatory fragmentation. The EU must recalibrate its trajectory towards a liberal and rules-based trading order, prioritizing widespread regulatory...
Persistent link: https://www.econbiz.de/10014560198
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Regulating the working conditions of platform work: What can we learn from EU member states?
Guinea, Oscar; Sisto, Elena; du Roy, Oscar - 2024
This Policy Brief offers a comprehensive evaluation and comparison of the regulatory frameworks governing platform work in four European countries. The comparative analysis draws upon research conducted by the OECD and the World Economic Forum (WEF) on the principles of good regulation. Adapting...
Persistent link: https://www.econbiz.de/10014560206