November 13, 2015

Can We Have Integration Without Centralisation?

Philip Booth at the Institute of Economic Affairs makes a resolute case for Britain to become a federal country. He outlines the faults and imbalances of the UK’s current constitutional settlement, where powers are devolved to some of the nations – notably Scotland – while they remain centralised at the Westminster Parliament for others.
November 11, 2015

Deregulation and Reforms Are the Missing Ingredient in the Recovery

Writing in the Financial Times (“In the long shadow of the Great Recession,” 10 November), Martin Wolf meditates on the possible causes of substandard growth performance by many European economies in the aftermath of the 2008 financial crisis.
November 5, 2015

Spain’s Unemployment Problem – A Taxing Issue

One of the consequences of the Eurozone crisis has been to popularise the extremely high levels of unemployment now prevalent in Greece and Spain. With around a quarter of the active labour force out of a job, including close to 50 per cent of those 25 or younger, these two countries are indeed outliers in a continent whose average unemployment rate is itself higher than elsewhere in the world.
November 4, 2015

The Key Measure in the Greek Crisis Is Political Capital

The Greek crisis has cost taxpayers across Europe hundreds of billions of euros, compounded a huge recession which has plunged the country into vast unemployment and strangled the Greek private sector by burdening it with incredible amounts of taxation.
October 29, 2015

Poland After the Elections: The Risk of Growing State Intervention

The elections held this Sunday 25 October have brought substantial change in the makeup of the Polish parliament. After eight years in power, Civic Platform (PO) lost to the main opposition party Law and Justice (PiS), led by former Prime Minister Jarosław Kaczynski.
October 27, 2015

A Breath of Fresh Air in Digital Competition Policy

Let’s say it loud and clear: There is hope for EU competition policy! After months of negative headlines and high-profile probes of the European digital sector, one was delighted to read a decidedly more forward-looking take on the approach competition regulators should have towards online platforms.