This chapter addresses one of the most long-term issues for mankind: global warming. The chapter points out that most existing analyses have neglected the supply side. Without a proper analysis of supply-side effects, demand-reducing measures, which are generally regarded as selfevident...

This chapter discusses the political constraints that prevent governments from implementing labour market reforms and identifies factors and conditions that, in the current situations could soften political opposition. In addition, it analyses alternative policies that are effective in reducing...

This chapter analyses the impact of increased economic integration with low-wage economies on Western European jobs: the message is that when taking all effects into account, globalisation is more likely in the end to raise rather than to reduce employment, because it will help making labour...

Authors of the Report on the European Economy 2008

Authors of the Report on the European Economy 2004

Merger activity is gathering pace in Europe. The policy challenge lies in how to achieve cost-cutting increases in firm size from restructuring in the face of globalisation, while simultaneously maintaining sufficient competition. This requires that obstacles to hostile and cross-border mergers...

A crucial issue for macro developments in Europe is how large and persistent the depreciation of the US dollar against the euro will be. This chapter offers an in-depth analysis of this.