Economic Governance

Yearbook

    Economic Governance of the European Union: Activate the Emergency Brakes?
  • Walter Benjamin polemicised against the naïve idea of revolutions as the locomotives of world history. In his thesis on the concept of history1 Benjamin suggested that if this locomotive, constructed by previous society, were allowed to circulate, most likely it would be heading inexorably into the...

Focus

    Unconditional Basic Income. To Each According to Her or His Basic Needs
  • Basic income is not just one financial measure among many but a social, economic and civic financial amount which has a far-reaching multiplier effect in many areas of life. Basic income is a profound civilizational change on par with the introduction of universal suffrage or universal health care. Read an analysis of its key aspects.

Blog

    More Money – Less Solidarity: Competition of the Subsidies
  • Covid-19 has led to a dramatic economic crisis. The EU has modified the strict State aid rules to such a degree that States can now help their national economies virtually at their own discretion. What at first sounds sensible comes with a catch, however, since it results in the strong becoming even stronger and leaving poorer economies behind.
    MEPs prepare to slate summit deal and defend real recovery
  • Decrying EU leaders’ hatchet job on the long-term budget and recovery plan, the GUE/NGL group will join the vast majority in the European Parliament in passing a resolution that strongly criticises the conclusions of last weekend’s summit. The lack of ambition shown in the context of the biggest...
    Politics in the Face of a Climate Disaster
  • In 2015, when the Paris Agreement was still under negotiations, British journalist Paul Mason expressed his doubts whether the agreement would be signed and wrote that such climate conferences „resemble the peace treaties that paved the way to the Second World War."[1] Although Mason was wrong about...
    Economic Response to the Covid-19 Pandemic in the Czech Republic
  • The Czech Republic has so far fared well in containing the pandemic. However, the economic consequences of the lockdown and the rapidly worsening situation in the world economy are yet to come. This article deals with economic measures implemented to mitigate the economic consequences of the pandemic through the eyes of political economy.
    Does the EU Need ‘Coronabonds’?
  • In times of the coronavirus – just as in the 2008 financial crisis – the national state is again a central actor in Europe. Financial policy remains tied to the economic pecking order, with Germany at the very top. ‘Eurobonds’ are the key area of contention.
    Economic Democracy and Self-Governance in Enterprises
  • The conference “Economic democracy and self-governance in enterprise: history, theories, perspectives” can be considered as one of the main arrival points of the project “Democracy as self-government” in 2019, proposed to Transform!Europe by Sinistra XXI, Italian leftist think tank.
    Stop The Reform Of European Stability Mechanism
  • In Italy, a discussion developed, first in the media and then in the parliamentary halls, about the proposed reform of the European Stability Mechanism treaty, which should be approved by Eurozone leaders at the Euro summit on December 13th. The leader of the Northern League sovereign party, Matteo...
    Jörg-Huffschmid-Award 2019
  • In memoriam of the scientific work and the political engagement of the critical economist Joerg Huffschmid the call for the award that is named after him is now announced for the 5th time, awarding outstanding works in the field of Political Economy.
    Join the Change Finance coalition! With actions on the 15th September
  • On September 15th, it will be 10 years since the financial crash when US investment bank Lehman Brothers collapsed - a moment in a chain of events that threatened to destroy our economies and create social chaos. Since global leaders failed to break the status quo, we are now at risk of a more dangerous collapse. See our vision for a change!

Publication

    The Economic Response to the Covid-19 Pandemic in the Czech Republic
  • Ilona Švihlíková, a member of the National Economic Council, provides firsthand knowledge of the proposals concerning the Czech Republic’s socio-economic situation and analyses the measures implemented to mitigate the economic consequences of the pandemic through the viewpoint of political economy.
    A Green New Deal for Europe – Opportunities and Challenges. EuroMemo 2020
  • Given its urgency, this year’s EuroMemorandum puts special emphasis on the climate crisis and other planetary boundaries. In tandem with deepening social inequalities, renascent authoritarian nationalisms and the crisis of global governance, they urgently need comprehensive and effective policy responses...
    Economic Governance in the EU after the Eurozone Crisis
  • The aim of this report is to provide a general overview of the evolution of the EU’s economic governance architecture, and in particular of the impact that the Eurozone crisis has had on that evolution, as well as to present a broad outline of its economic and political consequences.