Since 2008, several OECD member countries had experienced a debt crisis, or at least were close to it. Three countries, Greece and Ireland in 2010, and Portugal in 2011, needed to receive help from the IMF through rescue packages. The debt ratio is expected to be above 60% of the GDP based on...

A 2000-es évek eleje óta az EU pozíciói lassan romlottak a nemzetközi innovációs versenyben, és ugyanez mondható el Magyarországról is. A folyamat mögött részben a gyorsan iparosodó fejlődő országok egy részének a gyors kutatás-fejlesztési-innovációs (K + F + I)...

Fears of job losses and of increasing inequality loom large in current debates on how globalization is affecting our economies. By fundamentally changing the organization of production and work, globalization creates complex and changing patterns of winners and losers. Globalization thus creates...

It is expected that binding biophysical constraints have the potential to slow growth and impede the improvement of other key macroeconomic variables. Using a DYNK (Dynamic New Keynesian) model of the EU27, we study two different environmental policy options and evaluate their impact on...

With reference to the use of material and energy resources, we seek to • underline the need for a marked socio-ecological transition. Business-as-usual will fail in the face of an unprecendented rise in global demand, a rising price level and volatility of raw materials and indications of...

Long-term beneficial welfare state reforms not only face opposition from powerful insiders and beneficiaries of the system in place. While potential losers from a policy change are often relatively easy to spot, ewll-designed reforms generate mostly diffuse gains, and the potential winners are...

In this contribution we describe how green policies should be designed to activate private innovation forces for ecological transitions. We look at the evidence on the current deployment of green policies and the current performance of the private green innovation machine. We try to assess how...