centre for european reform biascentre for european reform bias

Our annual reports give a good idea of what we do. I am truly astonished at the quality and quantity of its output in light of its relatively modest budget. Opinion piece (The Spectator) Charles Grant. We are not affiliated with any government, political party or European institution. If Turkey is willing to ratify Finlands NATO membership, there is little reason for Helsinki to wait for Stockholm. The CER aims to promote an open, outward-looking and effective European Union. Poorly designed price controls encouraged people to consume energy; it would be better to target support on poorer households, preferably in the form of cash transfers rather than price interventions. Italys borrowing costs have not spiralled out of control, in part thanks to the ECBs Transmission Protection Instrument, but spreads have been increasing. The risks of policy mistakes are high: the eurozone may be entering a prolonged period of high inflation, potentially in combination with low growth, but it is also possible that the currency union will return to low inflation and low interest rates once the energy and supply shocks subside. Rapid economic recovery after lockdowns, together with bottlenecks in gas supply chains and a particularly hot summer, contributed to a gas price spike in autumn 2021. That meant that central banks had to push up interest rates further. More investment is needed to make care for children and other dependents more widespread and affordable, which would help more parents (sadly, still disproportionately women) to work. The price and supply shocks have been painful, but Europe has managed well and is on course to avoid energy rationing, primarily thanks to a big drop in energy demand. Will fraying globalisation or even outright disintegration of the global economy lead to higher inflation and falling real living standards, or might it create opportunities for left-behind regions in Europe? It is a prominent source of ideas and commentary in debates about a wide range of EU-related issues, both in the United Kingdom and in the European Union. That has encouraged greater use of machinery domestically, rather than off-shored production using foreign labour: one discussant posited that robots can be substitutes for global supply chains. Is the EU becoming more protectionist, or are its attempts to create a more level playing field globally justified? "The Centre for European Reform, by far the best of all EU think-tanks in London"The Guardian, "A think-tank that manages to be both Atlanticist and Europhile" The Economist, "A think-tank with an increasingly influential role in the shaping of official policy" Financial Times, "Like many people I am bombarded with information on a daily, basis about Europe. How should governments fund the pressures for spending through cuts to other spending lines, higher taxation or more borrowing? And the shift in demand away from services and towards goods during the pandemic meant that Chinas exports increased dramatically. His biography of Commission President Jacques Delors (Delors: Inside the House that Jacques Built) was published by Nicolas Brealey in 1994 and he is the author of many CER publications. Both the Covid and energy crises prompted governments to conduct emergency spending to prop up household incomes, first, through furlough schemes, and then through energy price controls. The CERs experts analyse the impact of the war thus far and share their predictions for 2023. How do we cure long-term sickness and revive our shrinking workforce? For example, there is no Western consensus on whether the production of active pharmaceutical ingredients or smartphones is strategically important. The EU has absorbed millions of Ukrainian refugees, migration both within the EU and from outside has resumed, and technology allows more services to be provided across borders. Design and development by Soapbox. Nevertheless, to make the green transition work, the ability to store energy is crucial: Europe should aim for an industrial structure that favours developing and producing energy storage solutions. As a result, the West has discovered that value chains are often far more complex and involve more interdependencies than they had expected. Some EU countries want to stifle foreign cloud computing services. In November, the CER held its annual economics conference on the macroeconomic consequences of the pandemic and Putins invasion of Ukraine. The market for US treasury bonds, a key pillar of the global financial system, has also suffered from bouts of illiquidity. For that reason, central banks should consider new tools. Will that have a material impact on its openness to the global economy? The CER is pro-European but not uncritical. Copyright is held by the Centre for European Reform. Such rigidities are more prevalent in Europe than in the US and the UK. We are pro-European but not uncritical. For some participants, this means that governments and central banks should do much more to use their balance sheets to reduce the cost of capital for green investment. We regard European integration as largely beneficial but recognise that in many respects the Union does not work well. Ian Bond, director of foreign policy, evaluates Russia and Ukraines performance in the war and the Western response. Search through our research. We also think that the EU should take on more responsibilities globally, on issues ranging from climate change to security. CEPA is a nonpartisan, nonprofit, public policy institution. The CER is an independent, private not-for-profit organisation with offices in London, Brussels and Berlin. They consider how to avoid 'Ukraine fatigue' in the West, what can be learnt from Ukraine's military successes and whether Western leaders' visits to Kyiv have a practical value, or risk becoming war tourism. In this weeks episode of the CER podcast Ian Bond discusses the Ukraine-Russia war with Sir Richard Shireff & Dr Olesya Khromeychuk. In the medium term, Covid may accelerate the globalisation of services trade, by proving that more services can be delivered remotely. Theres been a lot of talk in the last year about the Russian armys inability to learn from its disastrous performance in Ukraine. To overcome its energy challenges, the EU can embark on two overarching political projects that received wide support at the conference. We regard European integration as largely beneficial but recognise that in many respects the Union does not work well. Watch the video of the event here. The shift from traditional to electric vehicles could lead to a sizeable loss of employment in the West. Charles Grant, director of the Centre for European Reform said in a statement on Thursday that he recalled discussing Treasury research into Brexit . Insert a keyword or phrase. However, rural households are still faced with severe food insecurity and malnutrition. Centre for European Reform | 5,777 followers on LinkedIn. Gas consumption is down, with industry rapidly switching to alternative fuel sources. Renewable energy is intermittent, but some participants stressed that is not an impediment to powering over half of the grid with renewables. He works on, among other subjects, EU foreign and defence policy, Russia, China, the euro and Britain's . When deciding to evaluate a source we do a preliminary investigation to determine if the source qualifies for review. Europe may therefore have to find second-best approaches to make its energy market work better. For its part, the European Commission has identified a small number of technologies it believes will prove strategically important in the future, and where the EU is behind or risks falling behind the US and China. Redeem Now Centre for European Reform London Next Pro All Popular tracks Tracks Albums Playlists Reposts Station Electric vehicles and batteries are also sectors that the EU and US are targeting, for example in Americas Inflation Reduction Act. I always make time to read CER analysis as I know it will be thoughtful, illuminating and accurate. At the European level, the REPowerEU program is a good start, but further instruments are needed. One is that countries and firms are responding to the recent increase in the frequency and severity of economic shocks such as the European sovereign debt crisis, Brexit, the US-China trade war, Covid and Russias invasion of Ukraine. Charles Grant is Director of the Centre for European Reform, which he helped found in 1996. Investment in training has been dwindling. The US and Europe are right to be concerned about trade dependencies on autocracies the energy crisis is testament to that. The CER won the best foreign affairs think-tank at the Prospect Think Tank Awards 2020. You may not copy, reproduce, republish or circulate in any way the content from this publication except for your own personal and non-commercial use.Any other use requires the prior written permission of the Centre for European Reform. We are not affiliated with any government, political party or European institution. There is a risk that debt continues to ratchet up with each crisis, so fiscal policy needs to be more counter-cyclical, tightening in periods of growth. The effect of labour scarcity on wages and, consequently, on income inequality, depends on existing labour market institutions. The CER has the breadth of expertise to shine impartial, but searching, light on a range of topics including trade, migration, the institutions and diplomatic relations.Catherine Barnard, Professor of EU Law & Employment Law, University of Cambridge, The CERs work has more depth and moredetail than even the best journalism; it is morecurrent and more accessible than the bestacademic writing; it covers all the politicalangles, and has great expertise in economics andmarkets. Europe will be among the most affected by slowbalisation because of its high trade intensity. Join our mailing list. Although Europe has prevented energy shortages, prices will probably remain higher than pre-war levels for the foreseeable future, posing a fundamental challenge to European competitiveness. And in Brussels it has avoided the trap of simply embracing institutional orthodoxy and has led the way towards that continuous adaptation and reform which is essential to the EU if it is to prosper and to be effective. The CER is an independent, private not-for-profit organisation. May be an image of one or more people and text that says 'CENTRE FOR EUROPEAN REFORM 1 LONDON BRUSSELS BERLIN HYBRID DISCUSSION ON 'EU-US CO-OPERATION ON PUBLIC HEALTH' with Pierre Delsaux and Gary Disbrow 13 JULY 2022, BRUSSELS/ZOOM IF YOU ARE INTERESTED IN ATTENDING THIS EVENT PLEASE EMAIL: BRUSSELS@CER.EU OR REGISTER VIA THE LINK BELOW.' . The conference brings together leading politicians, officials, academics, journalists and think-tankers working on economic policy issues. The CER won best UK international affairs think-tank at the Prospect Think Tank Awards 2013. You may not copy, reproduce, republish or circulate in any way the content from this publication except for your own personal and non-commercial use.Any other use requires the prior written permission of the Centre for European Reform. The Centre for European Reform (CER) is a London-based think tank that focuses on matters of European integration. (adsbygoogle = window.adsbygoogle || []).push({}); Ad-Free Login Around 60 per cent of European firms report energy to be one of the largest obstacles to their business, compared with only 25 per cent in the US. We are pro-European but not uncritical. You must have JavaScript enabled to use this form. Monetary tightening will bring risks of its own that need to be managed. How will Europe cope without Russian gas? While some European firms can absorb soaring energy bills in the short term, the key question is how they can remain competitive in the long term. In this vein, one panellist pointed to the end of the pre-pandemic era in which the ECBs policy was obvious: a loose monetary stance was needed when there was low inflation, an economy with room to grow and the need to stabilise the monetary union. Can the EU afford to drive out American cloud services? There are always pressures to spend more on public sector wages, while the reform of health and social care services, and pensions, is difficult. BARCELONA, March 1 Netflix co-chief Greg Peters has dismissed a call by European network operators for a levy on major online services, reported German Press Agency. In this environment, the risk of one of the major central banks making a policy mistake is high. There is also more slack in the eurozone economy than Americas, with the economy still beneath pre-pandemic trend, and wage growth slower than in the US. Automation has replaced certain middle- and low-skilled jobs, while creating new ones. 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