Bruegel - Improving economic policy

Season's Greetings from Bruegel! As the year comes to a close, we want to express our heartfelt gratitude for your continued support. Wishing you and your loved ones a joyous holiday season and a prosperous New Year!

❗ CALL FOR APPLICATIONS: Finance and accounting assistant We are looking for a new team member for our Finance Department to help undertake a wide range of finance & accounting tasks. Apply before 3 January 2025! https://lnkd.in/ejYU49aC

#12daysofBruegel 📝 Bruegel researchers collected our most important recommendations to the new European Union leadership in the book, Unite, defend, grow. Read here: https://lnkd.in/dxVVJX5Q

🎥 Missed our last event? We were honored to host Jessika Roswall for a discussion with Ilkka Räsänen, Heather Grabbe and Jeromin Zettelmeyer to discuss how the circular economy can boost EU competitiveness and security. 👉 Watch the replay: https://buff.ly/49DMpH4

#12daysofBruegel 📝 Dive into the economic and institutional implications of Ukraine’s potential EU accession. Discover insights from Zsolt Darvas, Marek Dabrowski, Heather Grabbe, Luca Léry Moffat, André Sapir, and Georg Zachmann. 🧷 Read here: https://buff.ly/3vMpLwM

#12daysofBruegel 🌐 Fit for war in decades: sluggish German rearmament versus surging Russian defence production ➡️ @guntramwolff.bsky.social analysis highlights how Germany and Europe may take decades to match Russia's current levels of weapons production. 🔗 Explore here: https://buff.ly/3P0kIie

❗China economic database update 🏠 The trend remains concerning as home prices in China’s second and third tier cities have fallen or remained neutral since 2022, while home prices in first tier cities began falling late last year and have continued falling till today. 📶 These trends do not bode well for most Chinese households, as most of their wealth is tied to the real estate market. Check the full dataset here, compiled by Alicia Garcia-Herrero 艾西亞, Michal Krystyanczuk, Robin Schindowski, Théo Storella and Jianwei Xu: https://lnkd.in/egPNpSuU

🎙️ Vote, protect, prepare: 2024 in review How will the EU springboard from the tumult of 2024 to meet the challenges ahead? In this episode of the Sound of Economics, Bruegel director Jeromin Zettelmeyer and senior fellows Heather Grabbe and André Sapir discuss the year that was with host Rebecca Christie. Industrial policy, tensions with China and the U.S., and green transition’s immense financing needs all figure in to Europe’s quest to become more competitive. Will the EU be prepared for the next crisis? 🔗 https://lnkd.in/eEAvQP53

🍀 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐟𝐨𝐫 𝐧𝐚𝐭𝐮𝐫𝐞: 𝐡𝐨𝐰 𝐭𝐨 𝐢𝐦𝐩𝐫𝐨𝐯𝐞 𝐟𝐮𝐧𝐝𝐢𝐧𝐠 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐩𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐨𝐧 𝐨𝐟 𝐛𝐢𝐨𝐝𝐢𝐯𝐞𝐫𝐬𝐢𝐭𝐲 Ecosystem services are either not given a monetary value or are implicitly priced at zero or negatively. In their latest policy brief, Heather Grabbe and Luca Léry Moffat summarise the options and outlines the main considerations in finding better ways to value nature. They explain: 1️⃣ why financial tools are important for biodiversity, give an overview of the range of tools developed to finance ecosystems and assess which would be most suitable to pursue at European Union level. 2️⃣ The focus in developing existing and new tools should be on whether they can deliver reliable revenue streams over a long period to maintain the value of natural assets. 3️⃣ In the EU, the most impactful immediate means of using financing to protect and restore nature is to defund the damage caused to biodiversity by eliminating nature-harming subsidies, starting with reform of the common agricultural policy. ➡️ Read the piece here: https://lnkd.in/d6RwnwCF

#12daysofBruegel 💬 If you missed the "Economic choices for Europe: EU leadership debate 2024", catch up on the insightful discussion with the lead candidates for the 2024 European elections, hosted by Bruegel and the Financial Times. 🧷 Rewatch here https://buff.ly/4gzXT0y