“Worker representation in the boardroom increases capital formation” Courtesy of IZA A fundamental question societies face is whether and how to involve stakeholders, in particular workers, in corporate decision-making. Many countries, particularly in continental Europe, grant workers formal authority in firms’ decision-making. Such shared governance or codetermination institutions include worker-elected directors on company boards. […]
Tag: Germany
Bitte nicht! Germany still opposes banking union
“Germany Remains Firmly Opposed to Banking Union” By Gordon Kerr, Cavin O’Driscoll and Enrico Colombatto, courtesy of IREF In November, Germany’s Finance Minister Olaf Scholz wrote an article in the Financial Times claiming that he had devised a common European Deposit Insurance Scheme (EDIS)[1] that could be acceptable to both sides of the hitherto […]
Are women more willing to accept jobs with lower pay?
“Are women more willing to accept jobs with lower pay?” Courtesy of IZA Few topics in labor economics have received more attention in academic, public and policy debates than the gender pay gap. The IZA Newsroom frequently summarizes new research findings on various drivers of the gap, including the role of discrimination vs. structural differences, […]
Breaking the “black zero”: Germany has room to spend more
“How much space for fiscal expansion? Germany falls victim to ‘output gap nonsense’” By Philipp Heimberger, courtesy of WIIW The German economy is in a downturn. The growth rate is currently among the lowest in the euro area, and numerous economic research institutes have revised their forecasts downwards. German industry is already in recession. In […]
Hungary Squares the Circle of Globalization
By Erik Sass, TES Editor-in-Chief What does a smallish Central European country have to teach the rest of the world about inclusive growth, fighting income inequality, and social cohesion, all while steering clear of protectionism and maintaining an open economy – in short, “squaring the circle” of globalization? In the case of […]
Yes, it’s time for Germany to spend on infrastructure and environment
“Make investments possible!” By Hubertus Bardt and Michael Hüther, courtesy of IW Koeln Germany faces enormous challenges in modernizing its capital stock. After neglecting public investment over the last two decades, it is now necessary to update the infrastructure and gradually reduce the investment backlog. Managing demographic aging and decarbonising the economy […]
Brexit uncertainty cost UK new Tesla gigafactory
“Brexit uncertainty means Tesla choses Germany for European for new factory” By Professor David Bailey, courtesy of UK In a Changing Europe Last week Tesla CEO Elon Musk said that Brexit uncertainty was a factor in the firm’s decision to build its first major European factory near Berlin in Germany rather than the […]
EU transfers fuel corruption, white collar crime
“There is a case for reforming the long-term EU budget” Courtesy of Open Europe On October 21th 2019, Open Europe’s Pieter Cleppe gave evidence to the Committee on EU Affairs of Germany’s Parliament in Berlin, discussing the long term EU budget 2021-2027, which is currently being negotiated. A briefing provided by Pieter Cleppe detailing how […]
“This is a mess”: QE isn’t working – and neither is government
By Erik Sass, TES Editor-in-Chief Collectively and individually the countries of Europe face economic problems that they are either unwilling or unable to confront due to a lack of political courage, despite the availability of effective remedies. That was the bleak takeaway from a panel discussion of economic and political experts at the […]
“A European pillar in NATO is overdue”
“After the EU elections: Perspectives and priorities for 2019-2024” By Herman Van Rompuy, courtesy of the EPC EPC President Herman Van Rompuy delivered the following speech at the EPC Annual Conference on 6 November 2019 in Brussels. I want to talk to you today about European unity, European sovereignty and the future […]