S5 Ep27: Director's Cut: The economics of no-deal Brexit
Bruegel director Guntram Wolff is joined by senior fellow Zsolt Darvas to rake through the possibilities and probabilities inherent in a no-deal Brexit scenario, covering trade, the Irish border, citizens' rights and the EU budget. Bruegel senior fellow Zsolt Darvas joins Guntram Wolff for this Director's Cut, to discuss the economic fall-out of a no-deal Brexit. While the UK remains without ...
26m Jan 16, 2019
26m
S5 Ep26: Deep Focus: Europe's auto industry and the global electric vehicle revolution
Bruegel fellows Reinhilde Veugelers and Simone Tagliapietra elaborate on the recent Policy Contribution they co-authored on the European automotive industry in the light of the global electric vehicle revolution. Electrification is a key trend transforming the global automotive industry, especially in the light of increased decarbonisation efforts. The speed at which the technology is being de...
20m Jan 08, 2019
20m
S5 Ep25: Director's Cut: Wrapping up 2018
With 2018 drawing to a close, and the dawn of 2019 imminent, Bruegel's scholars reflect on the economic policy developments we can expect in the new year – one that brings with it the additional uncertainty of European elections. These elections will be a bellwether for the continent-wide rise of populist politics that has been a defining characteristic of the year past. The results will certa...
44m Dec 20, 2018
44m
S5 Ep24: Deep Focus: Consequences of European Central Bank forecasting errors
Bruegel senior scholar Zsolt Darvas speaks about his review of systematic errors in ECB forecasting, in another instalment of the Deep Focus podcast on 'The Sound of Economics' channel In this episode of the Deep Focus, Sean Gibson speaks with Bruegel senior scholar Zsolt Darvas about his research on European Central Bank forecasting. Zsolt has analysed that, over the past five years, ECB for...
17m Dec 12, 2018
17m
S5 Ep23: Deep Focus: Balancing distributional inequalities of climate policies
Bruegel fellow Georg Zachmann talks through a Bruegel Blueprint he has co-authored, looking into the potential distributional effects of climate policies, in another episode of the Deep Focus series. Climate change is one of the big questions of this century, and mitigating its effects remains an enormous challenge. Decarbonisation will require a massive shift in our economies. Heating, transp...
13m Dec 07, 2018
13m
S5 Ep22: Backstage: Transitioning towards sustainable finance
In this episode of the Backstage series, Bruegel's Non-Resident Fellow Dirk Schoenmaker welcomes Molly Scott Cato, a Green party MEP for South West England, for a conversation on the EU's plan to transition towards sustainable finance. To achieve the EU's 2030 targets agreed in Paris, such as a 40% cut in greenhouse gas emissions, in May 2018, the Commission announced its action plan on sustai...
10m Nov 30, 2018
10m
S5 Ep21: Backstage: Shared prosperity for the EU and north Africa
Bruegel's director Guntram Wolff looks at north Africa's economic growth in the light of the region's trade agreements with the EU, welcoming Karim El Aynaoui and Uri Dadush to the Backstage series on 'The Sound of Economics'. In this episode of Backstage, Bruegel's director Guntram Wolff welcomes Uri Dadush, a non-resident scholar at Bruegel and a Senior Fellow at the OCP Policy Center, as we...
19m Nov 27, 2018
19m
S5 Ep20: Director's Cut: The past and the future of European banking supervision
In this episode of the Director's cut, Bruegel's director Guntram Wolff hosts a conversation with Danièle Nouy, the first chair of the European Single Supervisory Mechanism. On the eve of the end of her mandate she traces the legacy of her five years and the prospects for the future of banking supervision in Europe.
42m Nov 23, 2018
42m
S5 Ep19: Deep Focus: The G20 in a changing world order
In November 2008, the first G20 summit at the leaders' level took place amid the global financial crisis. The admittedly ambitious undertaking has since played its role in stabilising the global economy throughout the aftershocks of the crash. Today, the global order looks much different to the one in which the G20 found itself 10 years ago. How has the institution evolved and is it still equip...
28m Nov 20, 2018
28m
S5 Ep18: Director’s cut: What Syrian refugees need to return home
This episode of the Director’s Cut features a conversation between Bruegel’s director, Guntram Wolff and Maha Yahya, the director of the Carnegie Middle East Center, where her research focuses on citizenship, pluralism, and social justice in the aftermath of the Arab uprisings. Yahya is the author of numerous publications, including most recently “Unheard Voices: What Syrian Refugees Need to R...
29m Nov 15, 2018
29m
S5 Ep17: Backstage: How think-tanks can make themselves heard in an information-rich world
Think-tanks play a critical role in developing and promoting policy solutions, particularly in times of extreme disruption and change. However, these organisations now operate in information-rich societies where facts, evidence and credible research are often ignored – and where disinformation can gain a footing. In this edition of the Bruegel Backstage podcast series on ‘The Sound of Economi...
45m Nov 08, 2018
45m
S5 Ep16: Director’s Cut: Options yet open for a Brexit deal
The final act of the Brexit negotiations is upon us, with many questions still seemingly unresolved and the future relationship between the EU and the UK yet uncertain. The EU remains unyielding on compromising the integrity of the single market, with the UK struggling to propose an agreement suitable both for the EU as well as its own nuanced internal political situation. With the numbers de...
29m Nov 07, 2018
29m
S5 Ep15: Deep Focus: How to improve anti-money laundering efforts in Europe
Bruegel senior fellow Nicolas Véron joins Sean Gibson to delve into the recent Policy Contribution on how to better the European Union anti-money laundering (AML) regime, a paper he has co-written with Joshua Kirschenbaum. The study offers a response to the evident flaws of the present system, exemplified by a series of banking scandals in multiple European Union countries, and amplified by ch...
10m Oct 30, 2018
10m
S5 Ep14: Backstage: Japan’s inflation problem and monetary policy options
Bruegel senior fellow Zsolt Darvas welcomes Sayuri Shirai, professor at Keio University, visiting scholar at the Asian Development Bank Institute and former Member of the Policy Board of the Bank of Japan (BOJ), for a discussion of the Japanese monetary policy outlook. Japan is often portrayed in the economic circles as a country facing decades of loss, as it has long been experiencing slow ec...
23m Oct 26, 2018
23m
S5 Ep13: Director’s Cut: How to reform and fortify the global financial system
Bruegel director Guntram Wolff is joined by Tharman Shanmugaratnam, deputy prime minister of Singapore and chair of the G20 Eminent Persons Group, and Jean Pisani-Ferry, mercator senior fellow at Bruegel, for a conversation about the growth and stability challenges facing the global financial system, and how the system can be better equipped to deal with the significant and novel problems of th...
30m Oct 23, 2018
30m
S5 Ep12: Backstage: The new balance of Asia-EU-US trade relations
Amid the Asia-Europe Economic Forum on the fringes of the 12th ASEM Summit, Bruegel senior fellow hosts a conversation on developing global trade relations, with guests Moonsung Kang, professor as Korea University, and Michael G. Plummer, director at SAIS Europe – Johns Hopkins University, for an episode of the Bruegel Backstage series on ‘The Sound of Economics’. With Bruegel hosting the two-...
19m Oct 17, 2018
19m
S5 Ep11: Deep Focus: Renewing the clean energy strategy in the Mediterranean
In this episode of Deep Focus, Bruegel research fellow Simone Tagliapeitra explains how the nature of cross-Mediterranean energy relations needs to change, not only in line with new climate-change targets but also to meet the burgeoning energy demand outside Europe. Oil and gas dominated Euro-Mediterranean energy relations in the 20th century, but with the turn of the 21st century came a new f...
14m Oct 16, 2018
14m
S5 Ep10: Director’s Cut: How does Italy’s budget fit with EU fiscal rules?
In this Director’s Cut of ‘The Sound of Economics’, Guntram Wolff welcomes Bruegel research fellow Grégory Claeys to assess how the new Italian budget proposals measure up against the existing EU fiscal rules. Italy’s new budget proposals, together with projected deficit levels for the coming years, have put the EU as well as bond-market investors on alert. In the context of Italy’s already-h...
24m Oct 09, 2018
24m
S5 Ep9: Backstage: Implications of the new EU-Japan trade deal
Bruegel senior fellow André Sapir welcomes Tamotsu Nakamura, dean of Kobe University’s Graduate School of Economics, and Maria Åsenius, head of cabinet to European trade commissioner Cecilia Malmström, for a discussion of the EU-Japan economic partnership in the context of heightening global trade tensions. The EU and Japan have signed a landmark trade deal this summer that will create the wor...
25m Oct 04, 2018
25m
S5 Ep8: Director’s Cut: Is economics asking the right questions?
Bruegel deputy director Maria Demertzis welcomes Financial Times commentator Martin Sandbu to explore the journey taken by the field of economics since the financial crisis struck 10 years ago, and discusses what new tools economics has now that it didn’t have then. In this Director’s Cut of ‘The Sound of Economics’, we trace the journey upon which the field of economics has embarked since the...
21m Oct 02, 2018
21m
S5 Ep7: Director’s Cut: The Italian government budget proposal for 2019
Guntram Wolff welcomes Bruegel affiliate fellow Silvia Merler to evaluate the Italian government’s planned budget for 2019, in this Director’s Cut of ‘The Sound of Economics’ Six months after its election, Italy’s coalition government reached an agreement on public spending. The key tenets of its first budget include a spending increase that will drive the budget deficit to 2.4% of GDP, tax c...
17m Sep 28, 2018
17m
S5 Ep6: Backstage: Brexit consequences for EU’s ICT policy
Bruegel senior fellow Scott Marcus welcomes former European Regulators Group chairman Kip Meek to explore the consequences of Brexit for ICT policy-making in Europe. The divorce of the UK from the European Union will have far-reaching consequences for all sectors, but what will be the balance of continuity and disruption in the sphere of ICT regulation? With the terms of separation and the na...
25m Sep 25, 2018
25m
S5 Ep5: Backstage: Developing the EU-China relationship amid rising global trade tensions
Following a conference at Bruegel, at a critical moment for the global economic system, Bruegel director Guntram Wolff is joined by Zhang Weiwei, director at The China Institute of Fudan University, together with Bruegel senior fellow Alicia García-Herrero, for a discussion of EU-China trade relations. With the United States pursuing a policy of imposing trade tariffs on its international part...
34m Sep 20, 2018
34m
S5 Ep4: Director’s Cut: Europe’s migration policy challenge
Immigration is one of the most contentious policy matters currently facing the EU. In this Director’s Cut of ‘The Sound of Economics’ Bruegel director Guntram Wolff welcomes Ana Palacio, member of the Spanish council of state and former foreign affairs minister, as well as Bruegel visiting fellow Elina Ribakova for a constructive discussion as to which approaches will yield the best results. J...
19m Sep 14, 2018
19m
S5 Ep3: Backstage: Next steps towards banking and capital markets union in Europe
In the first episode of the new Backstage series on ‘The Sound of Economics’, Bruegel senior fellow Nicolas Véron takes time out from the Bruegel Annual Meetings to discuss the immediate future of European banking and capital markets union with Jörg Kukies, state secretary at the German ministry of finance. The euro-area reform agenda hopes to prevent the repetition of problems that arose duri...
14m Sep 04, 2018
14m
S5 Ep2: Deep Focus: How healthcare affects the macroeconomy
Bruegel senior fellow Zsolt Darvas joins Sean Gibson on ‘The Sound of Economics’ to expound on the themes of a Policy Contribution on the macroeconomic implications of healthcare systems (http://bruegel.org/2018/08/the-macroeconomic-implications-of-healthcare/) , which he has co-written with Nicolas Moës, Yana Myachenkova and David Pichler. This episode is the first in a new Bruegel podcast se...
14m Aug 31, 2018
14m
S5 Ep1: Director's Cut - The extent of Turkey's crisis
Bruegel director Guntram Wolff welcomes Brad Setser, senior fellow at the Council on Foreign Relations, and Jean Pisani-Ferry, mercator senior fellow at Bruegel, to discuss the deterioration of Turkey's economy. Although a recent souring of relations with the US has provided the immediate prompt for Turkey's current crisis, the country's underlying economic malaise is more deeply rooted. Head...
35m Aug 24, 2018
35m
S4 Ep25: Italy's economic and political outlook
More than two months after the Italian elections and its turbulent political negotiations, Italy finally has a new government. While this has had a calming effect on the financial markets, Italy's medium and long term economic outlook is yet to be determined. Bruegel affiliate fellow, Silvia Merler, is joined by Marcello Minenna, PhD lecturer at the London Graduate School and Head of Quants at ...
21m Jul 11, 2018
21m
S4 Ep24: Director’s Cut: The drama of the EU and euro area
Bruegel director Guntram Wolff and Ashoka Mody – visiting professor in international economic policy at Princeton University – explore subjects addressed in the latter’s latest book, Euro tragedy: a drama in nine acts. Kicking off this Director’s Cut of the 'The Sound of Economics', the two explore the historical development behind the EU's creation. Ashoka Mody argues that the adoption of the...
27m Jun 27, 2018
27m
S4 Ep23: Director’s Cut: Making Europe financially literate
According to Annamaria Lusadi, academic director at the Global Financial Literacy Excellence Center, financial literacy requires both a knowledge of financial concepts and the confidence to make effective financial decisions in order to maximise one's well-being. Financial literacy is not only limited to knowledge of monetary calculations, but is also measured by the extent to which individual...
16m Jun 19, 2018
16m
S4 Ep22: Director's Cut: Central banking and the problem of unelected power
Paul Tucker, former deputy governor of the Bank of England, joins Bruegel director Guntram Wolff to discuss the thesis of his new book, as well as the current tensions within current models of central banking governance. On the agenda is the contention that there is, and even should be, a limit to the level of responsibility that a central bank can reasonably be expected to shoulder. Some deci...
23m Jun 05, 2018
23m
S4 Ep21: Robots: Positive or negative for EU employment?
Technological advancements continue to drive change in every industry. In a recent working paper co-written with Francesco Chiacchio and David Pichler, Bruegel research fellow Georgios Petropoulos has explored the impact of the increasing number of robots on employment and wages in Europe. The introduction of robots constitutes only one industrial advance among many, and each automated technol...
9m May 29, 2018
9m
S4 Ep20: Director’s Cut: What risk does Italy’s new government pose to the euro area?
The coalition agreement between Italy’s Five Star Movement and the League puts the country’s new government on a potential collision course with the European Union, and has prompted fears that the country could nosedive out of the euro zone. Markets have already born witness to investor nervousness over the coalition’s proposed agenda, and the new government’s priorities run counter to the pre...
24m May 24, 2018
24m
S4 Ep19: Director's Cut: Post-crisis prognosis for macroeconomics
The global financial crisis exposed flaws in the methods and theories of macroeconomics. Certain aspects of the crisis were completely unexpected; other burgeoning problems were flagged up but explained away, and thus allowed to get worse. As the profession seeks to reinvent itself post-crisis and reassert its worth, what exactly has been learned and what changes have been made to the practice...
25m May 14, 2018
25m
S4 Ep18: Director’s Cut: EU policy priorities towards Capital Markets Union
The deepening and enlargement of Europe’s capital markets has long been a policy target for the EU – indeed, it is a flagship priority of the current Commission. Many legislative proposals have been forwarded, and there is widespread agreement on the necessity of the Capital Markets Union (CMU) project, but few tangible measures have been formally adopted. Joining Bruegel director Guntram Wolf...
18m May 08, 2018
18m
S4 Ep17: How to reform European transport and tackle rising emissions
The EU's transport sector is now a significant burden in the context of commitments made under the Paris Agreement to reduce carbon emissions. Transport is the only sector in which Europe's CO2 emissions are now higher than in 1990. Countermeasures are imperative, but it is not a simple challenge to abandon car-friendly policies; policymakers are not blind to economic benefits brought about by...
15m Apr 24, 2018
15m
S4 Ep16: Director's Cut: EU risks US tariff pain in standing by the WTO
As global trade war continues to unfold, Bruegel director Guntram Wolff is joined for this Director's Cut of 'The Sound of Economics' podcast by Bernd Lange MEP, chair of the Committee on International Trade (INTA), to discuss Europe's options. Increasingly it appears that the EU will have to choose between standing strong with the established laws of the World Trade Organisation (WTO), or str...
22m Apr 17, 2018
22m
Director's Cut: Developing deposit insurance in Europe
In this week’s Director’s Cut of ‘The Sound of Economics’ podcast, Bruegel director Guntram Wolff talks with Nicolas Véron, senior fellow at Bruegel, about the implementation of a European Deposit Insurance Scheme (EDIS), one of the three pillars needed for the completion of banking union. Significant progress has been made on European banking supervision and resolution schemes, but the debate...
19m Apr 03, 2018
19m
S4 Ep15: Blockchain: The process and the future
Proponents of blockchain see it as the future – but when might it become the present? In this latest episode of ‘The Sound of Economics’ we welcome Julio Faura, global head of innovation at Banco Santander, and Johan Pouwelse, associate professor at Delft University of Technology, to help illuminate the blockchain concept and where it could be taking us. The development and implementation of b...
17m Mar 29, 2018
17m
S4: Director's cut: A global trade triumvirate?
In this week’s Director’s Cut of ‘The Sound of Economics’ podcast, Bruegel director Guntram Wolff hosts a discussion with Bruegel fellows Alicia García-Herrero and André Sapir on where Europe will position itself between the two major trading powers of China and the United States if relations continue to cool. Bruegel director Guntram Wolff begins his regular Director’s Cut of ‘The Sound of Ec...
21m Mar 27, 2018
21m
S4 Ep14: EU budget: Scope to reform Common Agricultural Policy
Ongoing negotiations over the next multiannual financial framework represent an opportunity for the EU to support its new priorities, such as increased investment in border control and defence. However, new investment necessitates either an expansion in the size of the budget or cuts to other sectors – each a difficult sell to different Member States. Brexit compounds the problem of finding fu...
25m Mar 20, 2018
25m
S4 Ep13: A conversation about U.S. steel and aluminium Tariffs
In this episode our senior fellow, André Sapir discusses with Uri Dadush, non-resident scholar here at Bruegel about President Trump's announcement to apply a 25% tariff on all steel and a 10% tariff on all aluminium imports into the United States.
14m Mar 09, 2018
14m
S4 Ep12: Euro-area governance: Where next?
What comes next for the euro area? Europe has emerged from crisis, and progress has been made with banking union; but more can be done to reform the EU budget and improve the public perception not only of EU money but of the Union itself. Gideon Rachman, chief foreign affairs correspondent at the Financial Times, and Manfred Weber, chair of the EPP Group in the European Parliament, discuss the...
10m Mar 01, 2018
10m
S4 Ep11: Brexit and the customs union question
Bruegel senior fellow André Sapir clarifies the UK's options for a new relationship with the EU in the wake of Brexit. The UK's position relative to the European Union following Brexit remains undecided. With negotiations ongoing, Bruegel senior fellow André Sapir explains the UK's options, and explores the scope for a new kind of relationship between the two parties. This latest episode of '...
12m Feb 27, 2018
12m
S4 Ep10: The new EU budget and the future of the Spitzenkandidaten process
Bruegel director Guntram Wolff frames the two debates that will dominate the upcoming meeting of the European Council on 23 February 2018 – the shape of the next EU budget, and the method by which a new European Commission president will be appointed. Major questions still hang over the next EU budget, or multiannual financial framework (MFF), and not just because of Brexit. The next budget, ...
11m Feb 21, 2018
11m
S4 Ep9: Brexit consequences for EU climate and energy policy
Bruegel fellow Georg Zachmann joins Richard Tol, professor in the Department of Economics at the University of Sussex, and Pieter-Willem Lemmens, head of analysis at the climate policy think-tank Sandbag, for this episode of 'The Sound of Economics', to discuss the impact of Brexit on climate and energy policy in the European Union Britain's departure from the European Union poses questions no...
21m Feb 15, 2018
21m
S4 Ep8: What the German coalition agreement means for Europe
The final document on the German coalition agreement will have significant consequences for the European Union and the Eurozone. Bruegel director Guntram Wolff gives his assessment of the agreement's key features in this episode of 'The Sound of Economics' The negotiations to form the next German government have been a significant factor in European affairs for months now. With an agreement fi...
8m Feb 07, 2018
8m
S4 Ep7: European Parliament: More representative post-Brexit?
Brexit has afforded the European Parliament with the opportunity to reform - but will the current proposals for reallocating the UK's 73 seats after 2019 fully realise that opportunity? In the latest chapter of 'The Sound of Economics', Bruegel director Guntram Wolff highlights the potential political ramifications of seat reallocation, and the difficulties inherent in making the Parliament mo...
7m Feb 05, 2018
7m
S4 Ep6: Remaking Europe
SUMMARY: Manufacturing in its 21st century guise is markedly different from its traditional portrayal. Innovations are not only improving the efficiency of production processes but are also allowing for the establishment of more complex supply chains, with smarter communications systems and big-data management systems driven by an increasing digitalisation. Companies in a variety of sectors i...
16m Jan 19, 2018
16m
S4 Ep5: Multispeed Europe
The issue of member-state integration in two or more speeds is one of the recurring questions in the debate about the European project. While previously this was a subject for academic circles, it has now moved into policy circles. Is this the future of Europe? Would the idea of proceeding in two or more speeds provoke a break-up of the EU? Is it an opportunity for each country to rethink and r...
11m Jan 03, 2018
11m