A service of the

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Forum · Issue 2 · 2024
European Parliament Elections 2024: What Is at Stake?

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Forum · Issue 1 · 2024
Artificial Intelligence: Potential and Challenges for Europe

Forum · Issue 6 · 2023
The Future of EU Public Finances

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Forum · Issue 5 · 2023
Up to the Task? Post-Pandemic European Social Policy

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Public Investment
European Public Goods

Putting the high public debt ratios on a downward path and allocating sufficient resources to deliver on the green and digital transition will be among the priorities of the EU institutions after the European elections. Age Bakker, Roel Beetsma and Marco Buti propose setting up a successor to NextGenerationEU – a new EU fund until 2030 for financing European public goods to address the double transition.

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Energy Policy
CBAM and Hydrogen Partnerships

Alexandra Gritz and Guntram B. Wolff argue that by aligning hydrogen partnerships with local development goals, CBAM acceptance can be improved, as industrial development could be climate-friendly, making exports into the EU easier while creating new value chains to the benefit of EU producers.

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Editorial
The Trump Effect

The US under Trump 2.0 would not be an ally that Europe can count on. Perhaps the only bright spot is that the premonition of doom and gloom could mobilise European voters and support politicians advocating for European sovereignty, write Jiffer Bourguignon and Ekaterina Sprenger.

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Agricultural Policy
Farmer Protests and the European Elections

Alan Matthews looks at the origins of this recent wave of farm protests and asks whether a crisis situation exists in European farming as the Commission has suggested. The author examines the measures that have been adopted and proposed in response.

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International Trade
China’s Trade Surplus

China’s merchandise trade surplus has reached an all-time high. A key driver appears to be a policy push to further bolster Chinese domestic manufacturing production, implying the danger of overcapacities. Jürgen Matthes article analyses China’s growing trade surplus in several dimensions with a focus on Chinas trade relation to the EU.

Letter from America
The US Economy and the Election

Unemployment is low. Inflation has come down. Real earnings are rising. GDP growth has held up. But for some reason the voters are not happy! Perhaps the voters are sensible and the economists are obtuse, writes James K. Galbraith.

Quote of the Month

"Trade diversion from high-risk countries to high-income countries could hinder the integration of developing countries into international markets and the economic development of poor third countries that lose access to the EU export market."

Gabriel Felbermayr, Klaus Friesenbichler, Markus Gerschberger, Peter Klimek and Birgit Meyer

Designing EU Supply Chain Regulation

Current Issue

Volume 59
2024
Issue 2

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Figure of the Month

Market potential generative artificial intelligence until 2030

At this stage, it is very hard to seriously estimate the future market potential of GAI as it is currently unclear how quickly new use cases will be created and how soon users will be ready to adopt them in their private or professional environment. Nevertheless, as shown in the figure, the market may experience enormous growth. The expected annual growth rate of approximately 47.5% until 2030 covers both incremental revenues from GAI infrastructure as well as specialised GAI assistant software.