European policymakers will face four major challenges in 2023: stagflation and market fragmentation, and the green and digital transitions (in the face of the US Inflation Reduction Act). In this post, Marco Buti (European Commission) and Marcello Messori (Luiss) argue that increasing the supply of strategic European public goods is key to addressing these challenges.
The 2022 Nobel prize in economics went to three scholars – one of them a former Chairman of the Fed – who study banking crises and their real-economy repercussions. Professor Thorsten Beck, Director of the Florence School of Banking and Finance, explains why their insights remain critical for policymakers today.
The granting of residency or citizenship in exchange for investment is an established – and legal – practice in many states, but it sits uneasily with ‘European values’ as usually promoted. Policy Leader Fellow Anna Patricia Valerio looks into how these schemes are evolving during the COVID-19 pandemic.
Progressive taxes could be one positive outcome of Covid-19, as people demand fiscal fairness following a crisis. SPS researcher Jakob Frizell explores the parallels with war-time fiscal politics and the constraints on governments today to meet such demands. Taxing the rich, he concludes, is still the wise choice.