Despite a first important step, EU governments should be more courageous and develop new EU financial instruments and new concepts.
The exit of Great Britain from the European Union is taking shape. At the end of January, the British Prime Minister presented a Brexit bill to the British Parliament. The House of Commons approved the EU Notification of Withdrawal Bill on Wednesday 8 February with a large majority. In public statements and in a white […]
China’s economic success story started after escaping from a collective, equalitarian and closed society under Mao Zedong’s leadership. The opening-up – policy that started in 1978 under the leadership of Deng Xiaoping – led to a breathtaking economic growth of more than 10 % during the next three decades. In parallel inequality in personal income […]
In an era of globalisation, the EU policy mechanism of subsidiarity offers European citizens an opportunity to reassert their democratic power. As the influence of Europe’s individual nation states continues to wane, it could also give policymakers the power to deal with the global challenges they face. So why is everyone frightened of it? When […]