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The Sound of Economics brings you insights, debates, and research-based discussions on economic policy in Europe and beyond. The podcast is produced by Bruegel, an independent and non-doctrinal think tank based in Brussels. It seeks to contribute to European and global economic policy-making through open, fact-based, and policy-relevant research, analysis, and debate. "The Sound of Economics" is also a club on clubhouse. Join us there for participating in our live talks. The Sound of Economi ...
 
The Grassroots view, the new podcast series launched by the European Economic and Social Committee (https://www.eesc.europa.eu/) (EESC), explores the hot topics everyone seems to be debating these days in Europe, but it does so from a civil society perspective, bringing testimonies from actors on the ground and accounts from EESC members who represent their interests in Brussels. A podcast member of EuroPod: https://www.bullemedia.eu/europod See acast.com/privacy for privacy and opt-out info ...
 
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Wholesale gas prices have reached record highs in the past months, leaving EU governments scrambling for emergency aid to help households cope with their rising bills. However, this is not only about energy: though its origins might be environmental, there are diplomatic, social and economic consequences for governments and citizens. And less than …
 
On 15 September Ursula von der Leyen, President of the European Commission, delivered the State of the Union address before the European Parliament. She took stock of efforts of the past year to tackle the COVID-19 pandemic and presented priorities for the year ahead, addressed the most pressing challenges and propose ideas for shaping the future o…
 
This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Sign up now to receive it in your mailbox! As the largest global emitter of greenhouse gases, China is key to the success of the upcoming COP26 and the gl…
 
The recovery plan gives Europe a chance to emerge stronger from the pandemic, transform the economy and create opportunities and jobs. It is important that those plans are implemented in a manner that is efficient, fair and sustainable. Bruegel Director Guntram Wolff hosts a conversation between Nadia Calviño, First Vice-President and Minister for …
 
Sustainable investing is gaining in popularity as socially conscious clients consider environmental, societal and governance (ESG) criteria when deciding on potential investment. As a result, the financial world is offering more ESG compatible products on the market. While well intentioned, the ability and capacity of ESG criteria in corporate disc…
 
What can be done to make the National Recovery and Resilience Plans a success? The EESC's trio of group presidents have some answers! Listen to the insights of Employers' leader Stefano Mallia, Workers' helmsman Oliver Röpke and Diversity Europe chief Séamus Boland. A successful roll-out of these plans will enable the European Union to emerge stron…
 
In the future, what forces will cause the economy to grow and stagnate? What impact will AI and automation have on the economy? Is capitalism a sustainable economic model? Today on The Sound of Economics, we're asking the big questions. In order to find answers, our own Giuseppe Porcaro hosts Aaron Benanav, recent author of Automation and the Futur…
 
On 14 July, the European Commission finally announced a large package of measures that will make the EU the first mover in the race limit global warming, with measures targeting all sectors in a deepening and broadening of the European decarbonisation process. In this episode of The Sound of Economics, Bruegel’s Director Guntram Wolff and Bruegel S…
 
Here's what's clear: public spending is on the rise. Public expenditure ratios have quadrupled since 1870, and increased even more in the recent COVID-19 pandemic. Is that good or bad? What does responsible public spending look like? How should governments institute reforms in order to improve their public spending agendas? These questions are less…
 
This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Sign up now to receive it in your mailbox! On July 1st, 2021, the Chinese Communist Party celebrated its 100th anniversary. Today, Bruegel's Giuseppe Porc…
 
When COVID-19 struck last spring, European governments rapidly implemented measures to keep businesses afloat. Did those policies support productive firms that bolster the economy? Or, did the policies merely enable the survival of "zombie" firms that ought to have gone bankrupt? One year into the pandemic, Bruegel Deputy Director Maria Demertzis s…
 
‘Technological change is revolutionising the workplace’, ‘the future is automated’ and ‘a robot will be doing my work before long’ are phrases we hear a lot when it comes to discussing the impact of technological advancement on the labour market and skills. But what is the real impact of robots or AI on the workforce? And, how can we steer technolo…
 
As the only global international organisation dealing with the rules of trade between nations, the World Trade Organisation should be the place where governments sort out the trade problems they face with each other. However, in recent years, WTO members have not managed to conclude new agreements to liberalise trade in goods and services. The orga…
 
President Biden is visiting Brussels for the first time since his inauguration on 14 June, with great expectations by European commentators to forge a closer transatlantic cooperation. Prior to his visit, Giuseppe Porcaro and Simone Tagliapietra are joined by Ana Palacio, Former Minister of Foreign Affairs of Spain to discuss why the two sides of t…
 
This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Sign up now to receive it in your mailbox! Since 2010, the landscape of China’s largest companies has shifted away from the dominance of state-owned enter…
 
The COVID-19 crisis has shown the importance of solidarity among EU Members States, EU institutions and citizens. In this podcast we discuss the reasons why the Conference on the future of Europe is a new and important step in thinking together about our common European future. EESC President Christa Schweng believes people must be persuaded to eng…
 
The recent forced landing of an internal EU flight to arrest opposition activist Roman Protasevich is the latest escalation by a President who is consolidating power in the wake of unrest following the disputed results of the 2020 presidential election. The EU and international community reacted with further retaliatory sanctions and a flight ban o…
 
The idea of a global corporate tax has been floating around for decades, but a US proposal for a 15% of a global minimum tax rate means the proposal is now a serious possibility. This would affect both direct and indirect taxation, broader tax policy issues, and tax administration. In this live episode of The Sound of Economics, Giuseppe Porcaro is…
 
European strategic autonomy is probably the single most used watchword in European circles, if only because of lack of consensus about what it entails. US bashing for some, a more confident and independent EU for others, the concept has well and truly moved out of the security and defence area into every area of EU policy. This is most apparent in …
 
This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Sign up now to receive it in your mailbox! China’s growing economic power is causing great anxiety in the West: European regulators are tightening the rul…
 
IMF Chief Economist Gita Gopinath joins Bruegel Director Guntram Wolff for this Live recorded session. They were able to discuss the uneven recovery from the pandemic. In the latest World Economic Outlook, the IMF warns that even though the global economy is on firmer ground, recoveries are diverging dangerously across and within countries, as econ…
 
What is a central bank digital currency (CBDC)? How is it different from the money in a private bank account, or from cryptocurrencies? What do consumers stand to gain from CBDCs? Have cryptocurrencies enabled the creation of the technology needed to guarantee anonymity, privacy and security? To debunk the myths and get to the bottom of the hows an…
 
Before the pandemic, Africa was experiencing unprecedented economic growth and poverty reduction. While many economies have faced disruption around the globe, emerging economies face an even tougher challenge because they lack the tools at the disposal of developed countries, whether that be vaccines, macroeconomic liquidity or the ability of the l…
 
In a recent set of two Bruegel publications Giuseppe Porcaro, Emmanuel Mourlon-Druol, Enrico Bergamini and Francesco Papadia set out to understand exactly how europeanised public debate in national conversations actually is. With no quantitative indicators, they used a whole set of 'imperfect proxies' such as analysis of national newspapers to give…
 
This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Sign up now to receive it in your mailbox! A digital currency has been a heated discussion among central banks around the globe, and China is no exception…
 
Recent sanctions and counter-sanctions between the EU and China have put the future of the Comprehensive Agreement on Investment (CAI) in doubt. Where do the parties go from here? In this episode of the Sound of Economics, Bruegel Director Guntram Wolff is joined by Mikko Huotari, Executive Director of MERICS - Mercator Institute for China Studies,…
 
This is a very special moment for space exploration. The beginning of April will see the maiden flight of the first helicopter to another planet. The Artemis accords will mean that man will be back on the moon before long. The European Space Agency is building Daedalus, the first robot that will crawl inside lunar caves. The United Arab Emirates an…
 
Women are less financially literate than men. But does this gap reflect a lack of knowledge or a lack of confidence? To find out Maria Demertzis, deputy director of Bruegel is joined by Annamaria Lusardi, Professor of Economics and Accountancy at the George Washington University and non-resident fellow at Bruegel and Maarten van Rooij, senior econo…
 
This time last year, the health services of the Italian city of Bergamo were sinking under the burden of COVID-19, as we hear from EESC member Giuseppe Guerini when the NGO Emergency stepped in to manage a field hospital set up to cope with the huge influx of patients. As we hear from medical director Oliviero Valoti, their help was providential. T…
 
Pandemic aside, the past year has seen renewed discussions in Europe on transparency and good governance as the EU takes an unprecedented role in health policy and procurement and in the creation of common debt. As part of an ongoing effort to capture a wide range of views from the European Parliament, this week in The Sound of Economics Guntram Wo…
 
Maria Demertzis and Nicola Vegi join Giuseppe Porcaro to talk about their recent research on low interest rates, declining productivity growth and how to tackle this. In both Europe and the United States, interest rates have been declining for more than fifteen years. For much of this period, real interest rates have been negative and they are expe…
 
This podcast episode is part of Bruegel’s macroeconomic outlook series of The Sound of Economics, in which we bring you regular analysis of all things macro and fiscal policy. This February, the European Commission published the Winter 2021 Economic Forecast with the estimation of a 3.7% increase in GDP in the EU in 2021. While this means a recover…
 
This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a new newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Sign up now to receive it in your mailbox! The middle-income trap describes a situation in which a country, having attained a certain income level, ge…
 
Central bankers now seem keen to take on responsibility for policy objectives they have previously shied away from – in particular, tackling climate change. European Central Bank President Christine Lagarde acknowledged in January that central bankers will have to look beyond their traditional duties to address the challenge. ECB Executive Board Me…
 
COVID-19 has caused unprecedented disruption to business. Since the first lockdowns, governments have used credit support programmes as the main instrument to mitigate the liquidity shock businesses have been facing. Have the programmes worked? Bruegel Director Guntram Wolff is joined by Bruegel's very own Julia Anderson, Francesco Papadia and Nico…
 
"The Grassroots View" podcast opens its second season with an episode dedicated to the new European Multiannual Financial Framework (MFF). Our four guests tell us what is the good, the bad, and the ugly in this long-awaited agreement. Jan Olbrycht, MEP and co-rapporteur on the MFF for the European Parliament, explains why the negotiations were so d…
 
Across the Atlantic, EU member states have been discussing a recovery plan since last spring, striking an agreement over the summer to create a €750 billion pandemic recovery fund. Hard-pressed EU capitals must now submit detailed plans to Brussels to unlock their share of the cash and begin rebooting their economies. One such country is Italy, whe…
 
The European Green Deal is a plan to decarbonise the EU economy by 2050, revolutionise the EU’s energy system, profoundly transform the economy and inspire efforts to combat climate change. But the plan will also have profound geopolitical repercussions and is likely to impact partner countries adversely. In the latest paper co-written by Bruegel a…
 
On 30 November 2020 after over 7 years of talks, the European Union and China concluded negotiations for a Comprehensive Agreement on Investment (CAI for short). The agreement is intended to increase investment between the EU and China by establishing a legal framework and common rules on issues ranging from state-owned enterprises to subsidy trans…
 
One year since the pandemic began, widespread vaccination has finally started. It would be a mistake however to say the end is in sight. Senior fellows Uri Dadush and J. Scott Marcus join Bruegel director Guntram Wolff to talk COVID-19 vaccine strategy, from testing and production to procurement and inoculation. Relevant publications: Dadush, U. (2…
 
Poland is sometimes characterised as the black sheep of EU climate policy: in 2019, more than 70 percent of the country’s electricity was generated by coal. In the meantime, it is closing down coal mines and discussing building a nuclear power plant in order to diversify its energy supplies. What is Poland’s climate policy and how is it evolving? I…
 
As the year draws to a close, Giuseppe Porcaro invites Maria Demertzis, André Sapir and Guntram Wolff to review this eventful year in economic policy and beyond. The guests also talk about a book that has marked them this year and finally, their hopes and wishes for the decade ahead. Events mentioned: Monetary policy after the pandemic, with Janet …
 
In this episode of the Sound of Economics, Giuseppe Porcaro is joined by Maria Demertzis, J. Scott Marcus, Georgios Petroupolos, and Mario Mariniello, Bruegel experts on digital policy to delve into the latest EU digital regulations: the Digital Services Act and the Digital Markets Act. What is the Commission proposing? What connections do these tw…
 
In this episode of the Sound of Economics, Paola Subacchi, Professor of international economics and chair of the advisory board of the Global Policy Institute at Queen Mary University of London, and Bruegel senior scholars Alicia García-Herrero and Michael Leigh join Giuseppe Porcaro for an age old discussion but with a twist. They try to understan…
 
Climate transition is hotly debated in EU circles as it impacts all areas of policy: from the ambitious climate targets set by the President of the European Commission with the European Green Deal, to the discussions of the next budget of the Union and the recovery plan from the current pandemic. The topic is especially important for 2021 with a ne…
 
The economy of the euro area is forecast to contract by 8.7% in 2020 but grow by 6.1% in 2021. The drop in GDP in 2009, the worst year of the financial crisis, was just over 5%. There is no doubt that the drop we face today is much more significant, although it is expected to be short-lived with a sharp bounce back. However, all EU countries are cu…
 
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