The COVID-19 pandemic has impacted multiple facets of our lives and created a number of legal and ethical dilemmas. One of the greatest challenges at present is the production and distribution of the COVID-19 vaccine. Refusing to supply COVID vaccines widely could affect millions worldwide, and...

In 2019, the European Union presented a new Strategy for its cooperation with Central Asia, part of a larger reshuffling of the European strategic framework aimed at enhancing the global stance of the EU and at engaging in a more balanced way the partners in Central Asia. Romania is among the...

The United Kingdom’s response to the COVID-19 pandemic has exposed fractures in the constitutional settlement of power between government, parliament, and the devolved legislatures, and has been characterised by hypertrophied executive dominance, U-turn policymaking, and the extended adoption...

This policy brief warns about the risks of discontinuing the policy responses to the COVID-19 crisis by pursuing exit strategies too early and/or too sharply. It outlines a comprehensive strategy for limiting such risks globally and offers an in-depth discussion of the European situation. Due to...

We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost-minimization and measure each firm's liquidity shortfall during and after...

This paper assesses the productivity puzzle critically and gives an outlook on the COVID-19 crisis. It offers two main conclusions. First, it posits that a large fraction of the productivity puzzle can be solved by incorporating intangible capital into the asset boundary of the national...