The Editors, 30 March 2017

This column introduces a new series – CEPR Flashbacks – which highlights past CEPR reports that are relevant to today’s challenges. In many cases, the analysis is highly pertinent to today’s policy questions, while in others the reports provide useful context on how leading thinkers approached similar problems in the past. The first CEPR Flashback highlights a 1995 report, “Flexible Integration”, which suggested a solution to the problem that EU leaders are tackling in their current reflection on the Future of Europe.

Gino Gancia, Alessandra Bonfiglioli, 14 June 2011

Most economists agree that the global crisis has exposed the need for economies to reform, particularly those along Europe’s periphery. The problem is making these reforms politically viable. This column notes that many governments fear electoral defeat if they enforce unpopular policies. But it also argues the risk of punishment in the polls is the lowest in times of crisis.

Pauline Grosjean, Claudia Senik, 23 August 2007

Empirical evidence based on an innovative new dataset suggests that democracy generates some popular support for the market, but economic liberalisation does not clearly enhance the support for democracy.

Barry Eichengreen, 01 May 2007

Germany’s potential growth rate may have risen but Germany is not the Eurozone. A Greenspan-like gamble on growth would be premature for the ECB.


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