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Pervasive new technologies associated with information and communication technologies and software are dominated by a restricted oligopoly of US-based corporations. The challengers are no longer European firms, but rather Japanese or Chinese companies. The actions taken by the EU to fill this...
Persistent link: https://www.econbiz.de/10012700513
Multinational companies are now obliged to deliver an annual report to the tax authorities with information disaggregated by country (country-by-country reporting) in order to show where the assets and workers are allocated, how profits are distributed and to whom taxes are paid. Unfortunately,...
Persistent link: https://www.econbiz.de/10012700514
Too much blood in terms of unemployment and sweat in terms of intellectual effort has been spent on trying to determine the amount of fiscal space that economies have – our policy focus instead should be on what to do with the fiscal space that almost all advanced economies (and a surprising...
Persistent link: https://www.econbiz.de/10012700519
While Europe's response to the pandemic has been laudable, there remains more to be done in order to prevent economic scarring and ensure a robust recovery.
Persistent link: https://www.econbiz.de/10012700520
Despite all the difficulties inherent to our political organisation, the European Union has taken a bold step by doubling the EU budget for the next six years with the NGEU fund.
Persistent link: https://www.econbiz.de/10012700521
The COVID-19 pandemic has led to the biggest global recession since the Second World War. Forecasts show the European Union underperforming economically relative to the United States and China during 2019–2023. Southern European countries have been particularly strongly affected. Some sectors...
Persistent link: https://www.econbiz.de/10012700522
The coronavirus crisis has led to a sharp increase in the debt-to-GDP ratios of the euro area member states. Without …
Persistent link: https://www.econbiz.de/10012700523
Persistent link: https://www.econbiz.de/10012700530
Unpaid work carried out inside the home has increased in the pandemic, and evidence points to women's share in care responsibilities and domestic tasks remaining higher than those of men in the pandemic, continuing the gender divides of past decades.
Persistent link: https://www.econbiz.de/10012700532
, however, lead to a widening of interest rate spreads and new bond market tensions in the euro area. This article argues that … euro countries arising from fiscal concerns should be a matter of fiscal policy, not monetary policy. The establishment of …
Persistent link: https://www.econbiz.de/10012700536