You’ve heard it before. Technology has made us develop such a strong acquaintance with all matters of convenience, that patience is truly a virtue in the 21st century. But contrary to popular notions, pre-school children in the 21st century seem to perform better than their counterparts from yesteryears in the infamous “delay-of-gratification test”, more popularly known as the Marshmallow Experiment. […]
Following the election of Joseph Biden in November, 2020, many experts believed that the coming of a new presidential administration in the United States would represent a reset in US-EU relations. While leaders on both sides of the Atlantic have signaled a clear desire for a rapprochement, which included gestures such as the lifting of taxes on Airbus and Boeing by the US and EU respectively, the systemic issues brought to the forefront by the Trump administration have shown no easy fixes. […]
The volume of digital trade between the United States and the European Union is the largest in the world, and a cornerstone of the global digital economy. Total EU-US trade in goods and services doubled from $594 billion to $1.2 trillion between 2003 and 2017. In the year 2018, American trade in digitally-enabled services with Europe topped $333 billion dollars, with exports from the US reaching $213 billion and imports $120 billion – a $93 billion trade surplus. […]
The Shadow Banking sector in the EU has grown significantly over the past two decades, establishing itself as a concern for regulators following the global financial crisis. This policy paper evaluates the potential risks the sector presents, as well as the complexities for regulators in adequately addressing these risks. […]
This year ESMA, the EU’s securities and markets regulator, turned 10 years old. As ESMA takes its first steps into the next decade, it is time to reflect on the significant power it has established as a key component of the EU’s regulatory framework. […]
The conclusion of negotiations on the EU-China Comprehensive Agreement on Investment (CAI) has been heralded as both a significant win for the EU and been criticized for threatening transatlantic relations and its tradition of upholding values-based trade. China’s unique and multi-faceted relationship with the EU as a negotiating partner, an economic competitor and a systemic rival are reflected in the nearly insurmountable challenges of establishing such an agreement. […]
On February 5, 2020, the District Court of the Hague ruled that SyRI, or Systeem Risico Indicatie (System Risk Indicator), could no longer be used in low-income Dutch neighborhoods to flag individuals more likely to commit benefits fraud. […]
In a late-July post on PfEU, my colleague and fellow author Puneeth Parimisetty discussed the alleged dilemma that comes along with so-called “Coronabonds”, a debt instrument given out by the European Commission to counter the adverse economic effects of the COVID-19 pandemic in the European Union. […]
After months of tension and four days of intensive negotiations, the EU Member States came to a deal on the multiannual financial framework (MFF), and a coronavirus recovery package. The conflict centered around one of the most contentious questions in Europe: could the European Monetary Union be joined by a public debt union? […]