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The Sound of Economics brings you insights, debates, and research-based discussions on economic policy in Europe and beyond. The podcast is produced by Bruegel, an independent and non-doctrinal think tank based in Brussels. It seeks to contribute to European and global economic policy-making through open, fact-based, and policy-relevant research, analysis, and debate.
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S6: Is the EU a superpower?

S6: Is the EU a superpower?

As China and the US battle for global supremacy, the EU seems to remain in the shadows. But what if the EU had been shaping the world economy all along without anybody noticing? Could its soft power be strong enough to shape regulations all over the world? What impact does such influence have over its own economy? This week, Giuseppe Porcaro and Guntram Wolff are joined live by Ashoka Mody, Professor in International Economic Policy at the Princeton University, and Anu Bradford, author of the book "The Brussels Effect: How the European Union rules the world".
33:1403/03/2020
S6: Will globalisation survive the Coronavirus?

S6: Will globalisation survive the Coronavirus?

As the Coronavirus continues to spread, schools have closed, flights have been canceled and entire towns have been quarantined. Most of those who contract the virus will undoubtedly survive, but can the same be said for globalisation? Is it time for economists to question the virtue of international supply chains? Should policymakers in the west be thinking twice about our material dependency on Chinese manufacturing? And is an economic contagion as dangerous as its medical equivalent? To discuss this, Nicholas Barrett is joined by Nicolas Veron and Niclas Poitiers, and down the line from Spain, by Alicia Garcia Herrero.
44:3728/02/2020
S6: Can the European Green Deal kill the single market?

S6: Can the European Green Deal kill the single market?

The European Green Deal is one of the landmarks of Ursula von der Leyen's Commission. But, without an ambitious investment behind it, what could be its potential implications for the EU? Could it go as far as to threaten the EU's single market? This week, Renew Europe's vice-president, MEP Luis Garicano, joins Guntram Wolff and Maria Demertzis to discuss not only the European Green Deal but also the EU Budget and the Banking Union.  Disclaimer: this episode was recorded on the 20th of February, before Bruegel hosted the event "The Ressurection of the European Banking Union". 
19:1925/02/2020
S6: From Brussels with love? Russia's economic dependence on the EU

S6: From Brussels with love? Russia's economic dependence on the EU

Despite the political antagonism, the EU and Russia are not only geographically, but also economically, reliant on each other: European houses are heated using Russian natural gas and Russia is highly dependent on European investment. Should the EU develop closer political ties with Russia? How much leverage does the EU have when dealing with the Kremlin? This week, Nicholas Barrett is joined by Niclas Poitiers and Marta Domínguez-Jímenez to discuss European foreign direct investment in Russia.
22:4019/02/2020
S6: Can hybrid threats disrupt the financial system?

S6: Can hybrid threats disrupt the financial system?

From cashless payments to digital banking, finance has become intangible and global. But, while speed and convenience have made our international transactions easier, have we become more vulnerable? How can the EU respond to the increased risk of hybrid threats? This week, Nicholas Barrett is joined by Jukka Savolainen, Director of Community of Interest “Vulnerabilities and Resilience” at the European Centre of Excellence for Countering Hybrid Threats, and Maria Demertzis, to discuss the risks that hybrid threats pose to the financial system.  
20:2517/02/2020
S6: The EU's plan to catch up on artificial intelligence

S6: The EU's plan to catch up on artificial intelligence

While the US and China have been setting the pace when it comes to Artificial Intelligence, the European Union seems to be lagging behind. What are the Commission's plans to finally catch up? Will AI increase the gap between big and small companies? Nicholas Barrett asked Julia Anderson and Guntram Wolff
29:2714/02/2020
S6: Industrial revolutions might not be as fun as they look

S6: Industrial revolutions might not be as fun as they look

AI promises a new industrial revolution but history warns us that industrial revolutions aren't always that fun for people in the eye of the storm. This week, Nicholas Barrett and Maria Demertzis spoke with Dr. Carl Frey, author of the book "The technology trap: capital, labor, and power in the age of automation", and Robert D. Atkinson, President of Information Technology and Innovation Foundation (ITIF), about how artificial intelligence will affect the job market.
39:2505/02/2020
S6: The science of Brexit

S6: The science of Brexit

On Saturday morning, the United Kingdom will wake up outside the European Union. After 37 years of collaboration, how will Brexit affect research and innovation in Europe and in the UK? What should be the next steps undertaken by both in order to maintain the same level of cooperation? This week, Nicholas Barrett is joined by Maria Demertzis, Guntram Wolff and Michael Leigh, Senior Adjunct Professor of European Studies at the Johns Hopkins University, to discuss a post-Brexit agreement for research and innovation.
27:0529/01/2020
S6: AI in Europe: a conversation with Google's CEO

S6: AI in Europe: a conversation with Google's CEO

It seems almost inevitable that Google will be big part of Europe's future. And Europe will be a huge part of Google's too. This week, Alphabet, Google's parent company, hit $1 trillion market cap for the first time. Can Google's AI be socially beneficial? Are big tech companies intrinsically bad? This week, Guntram Wolff talked to Google and Alphabet's CEO, Sundar Pichai.
35:4920/01/2020
S6: Banking after Brexit

S6: Banking after Brexit

Will Brexit damage Britain's financial services industry? Or is talk of its diminished status just a storm in a teacup? The City of London could move closer to Wall Street or it might become "Singapore-on-Thames". Nicholas Barrett talks to Rebecca Christie about banking after Brexit.
27:1416/01/2020
Paying for the European Green Deal

Paying for the European Green Deal

The European Commission has presented its Just Transition Fund to help regions still dependent on fossil fuel as they move towards green energy. But where does the money come from and is it enough to make Europe carbon neutral by 2050? Should the EU re-write its fiscal rules to encourage sustainable investment? And should environmentalists be optimistic? Nicholas Barrett asked Simone Tagliapietra and Grégory Claeys.
31:4115/01/2020
S6: Will Iran disrupt the global economy?

S6: Will Iran disrupt the global economy?

Last Friday, Qassem Soleimani, head of the Iranian Revolutionary Guards’ QUDS force, was killed by an American airstrike outside Baghdad airport. Tehran has promised to retaliate. At the time of recording, the world is still waiting to see how Iran will respond. Some have speculated that they could disrupt the world’s oil markets by closing the Strait of Hormuz, which acts as a vital artery for around a third of the world’s liquefied natural gas and almost a quarter of the world’s oil. Today, oil prices surpassed $70 a barrel and if tensions continue to escalate the price is bound to grow. How dependent is the global economy on affordable Middle Eastern fossil fuel? This week, Nicholas Barrett is joined by Maria Demertzis and Niclas Poitiers to discuss how the US-Iran hostilities are affecting the global economy.
21:1206/01/2020
S6: A decade to remember (or possibly to forget) for economists

S6: A decade to remember (or possibly to forget) for economists

2019 is coming to an end and so is the decade. How did economics change the world over the last ten years? And how did the world change economics? Which economics books defined the last ten years? And what should we anticipate in the decade to come? Today, Nicholas Barrett discusses the past and the future with Niclas Poitiers and Maria Demertzis.
40:1920/12/2019
S6: The Sound of Margrethe Vestager

S6: The Sound of Margrethe Vestager

Will AI exacerbate the gap between big companies and small ones? Do ordinary Europeans gain anything from having European tech giants? This week, Nicholas Barrett and Guntram Wolff went to the Berlaymont to interview Margrethe Vestager, the Executive Vice President of the European Commission for a Europe Fit for the Digital Age. 
26:5119/12/2019
S6: Capture the nodes

S6: Capture the nodes

How do states exercise power through global economic networks? The multilateral world order is supposed to be harmonious, but by seizing the nodes of production, powerful forces can control access to the global economic system and threaten to lock their rival out. This week, Nicholas Barrett and Guntram Wolff are joined by Henry Farrell, Professor of political science and international affairs at the George Washington University, and Abraham L. Newman, Professor of Government at the Georgetown University, to discuss their theory of weaponised interdependency
26:4016/12/2019
S6: Appellate Body Politic

S6: Appellate Body Politic

This week, the WTO's Appellate Body, the dispute settlement body, became inoperational: it no longer has the necessary number of judges to render verdicts. What does this mean for international trade and multilateralism? Are we now living in a world without dispute settlement? This week, Guntram Wolff is joined by Alan Beattie, the author of the FT's new Trade Secrets newsletter, and Alicia García-Herrero to discuss the crisis of the Appellate Body.  
27:1012/12/2019
S6: What's inside the European Green Deal?

S6: What's inside the European Green Deal?

President Ursula Von der Leyen has presented her European Green Deal before the European Parliament. How will it work? What are its implications? And will it make Europe carbon neutral by 2050? Nicholas Barrett asks Simone Tagliapietra what's inside the Green Deal.
42:1011/12/2019
S6: Getting post-Brexit trade deals done

S6: Getting post-Brexit trade deals done

The UK goes to the polls on Thursday to decide who (and if) they want to "get Brexit done". But, as soon as Britain leaves, it will have 11 months to agree a trade deal with the EU. Is it possible? Nicholas Barrett is joined by Maria Demertzis and Niclas Poitiers to discuss post-Brexit trade deals with the EU and the USA.
20:0010/12/2019
S6: The Belt and Road anxiety

S6: The Belt and Road anxiety

Is the Belt and Road initiative a global development plan or is it just a trade project? How concerned should the international community be with what is called the "project of the century"? This week, Guntram Wolff discusses the Belt and Road Initiative with Prof. He Fang, from the Shanghai Jiao Tong University, Dr. Jing Gu, director of the Centre for Rising Powers and Global Development, and Suman Bery, from Bruegel.  This podcast was recorded in Berlin at the Asia Europe Economic Forum (AEEF): https://bruegel.org/events/eu-asia-trade-and-investment-connectivity/
27:5705/12/2019
S6: The EU-Russia-China energy triangle

S6: The EU-Russia-China energy triangle

Russia wants to export more gas to China, should the EU be concerned? This week, Nicholas Barrett is joined by Georg Zachmann to discuss the EU-Russia-China energy triangle.
25:2927/11/2019
S6: Ethics and Algorithms

S6: Ethics and Algorithms

Will EU tech regulations undermine its ability to innovate? From facial recognition to the production of “deep fakes”, artificial intelligence poses many ethical questions. In a world where China and the US are investing massively in AI, how can the EU protect its values while harnessing technology? These are some of the questions we discuss with Brent Mittlestadt, from the University of Oxford, and Andre Loesekrug-Pietri, from the Joint European Disruptive Initiative, in our new Sound of Economics podcast. The podcast is hosted by Guntram Wolff and Nicholas Barrett.
41:3920/11/2019
Cars, steel and national security: The EU-US trade spat

Cars, steel and national security: The EU-US trade spat

Guntram Wolff is joined by Alan Beattie, the author of the FT's new Trade Secrets newsletter, and by Andre Sapir, Bruegel's very own trade expert to discuss President Trump's tariffs and whether or not they're working
30:1414/11/2019
S6: How to make the European Green Deal work (Part Two)

S6: How to make the European Green Deal work (Part Two)

Don't worry if you missed part one because all of Bruegel's pillars for a European Green Deal are created equal. This time, Nicholas Barrett and Guntram Wolff discuss industrial policy and the social consequences of the green deal with Grégory Claeys and Simone Tagliapietra. To read the paper in full, visit Bruegel.org 
39:0513/11/2019
S6: How to make the European Green Deal work (Part One)

S6: How to make the European Green Deal work (Part One)

The European Green Deal will be a defining feature of Ursula Von der Leyen's incoming Commission. But will carbon border taxes and single carbon prices be enough to make Europe carbon-neutral by 2050? This week, Nicholas Barrett and Guntram Wolff discuss Bruegel's new paper 'How to make the European Green Deal Work' with Grégory Claeys and Simone Tagliapietra.
41:1007/11/2019
S6: How not to spend it

S6: How not to spend it

Digital banking has made our lives easier, but why are people use mobile banking more likely to be overdrawn? This week Maria Demertzis and Nicholas Barrett are joined by Annamaria Lusardi, Denit Trust Endowed Chair of Economics and Accountancy from George Washington University School of Business to discuss financial literacy
26:0031/10/2019
S6: How to spend it

S6: How to spend it

With interest rates so low for so long, central bankers are running out of levers to pull. But perhaps better fiscal policy can help economies grow as well as cutting carbon emissions. Politicians, journalists and economist have spent years bickering about the quantity of public spending in Europe, but the quality of public spending could be just as important.  This week's podcast features Maria Demertzis, Boris Cournede, Francesco Papadia and Nicholas Barrett.
30:4023/10/2019
S6: The art of the Brexit deal

S6: The art of the Brexit deal

The British government has reached a deal with the EU27.  The agreement is still subject to approval by the British and European parliaments, as well as the European Council. But is it good news for Brussels? How will Britain strike favourable trade deals when all this is over? And, with a new relationship between Brussels, London and the world yet be realised, is this the beginning of the end or just the end of the beginning? 
23:4717/10/2019
S6: Brexit: a European Odyssey

S6: Brexit: a European Odyssey

Nicholas Barrett and Guntram Wolff talk to Kalypso Nicolaïdis, author of Exodus, Reckoning, Sacrifice: Three Meanings of Brexit. Together they discuss the mythology that binds Britain to continental Europe
42:0010/10/2019
S5 Ep64: Deep Focus: What's slowing the Mercosur agreement?

S5 Ep64: Deep Focus: What's slowing the Mercosur agreement?

The European Union and Mercosur – a customs union covering Argentina, Brazil, Paraguay and Uruguay  – have spent two decades negotiating a trade agreement. The gains are modest the ratification process will be anything but easy. Nevertheless, the deal is worth fighting for according to Uri Dadush. This week he joins Nicholas Barrett on our Deep Focus podcast to discuss the perils and process of an agreement that could be as significant to the globe's climate as it is for the global economy. Read the latest policy contribution by Michael Baltensperger and Uri Dadush on the same topic.
10:4027/09/2019
S5 Ep63: Deep Focus: What is a hybrid attack?

S5 Ep63: Deep Focus: What is a hybrid attack?

Increasing cyber and hybrid risks will test the European Union’s system of fragmentation on issues of security but centralisation on financial and other economic issues. This asymmetry was not an obstacle in a world in which security threats were more contained or of a different nature. But the world is changing.  But what is a hybrid attack and whose responsibility is it to deal with? Last week Bruegel's Director, Guntram Wolff and our Deputy Director Maria Demertzis presented a paper on the subject to ECOFIN, an informal meeting of European finance ministers in Helsinki. In this episode of Bruegel's "Sound of Economics" podcast, Nicholas Barrett sits down with Guntram Wolff to find out.  
12:3118/09/2019
S5 Ep62: Director's Cut: The Green New Deal

S5 Ep62: Director's Cut: The Green New Deal

The layout of the commission has largely changed this year. A key part being that there are now three executive Vice Presidents, driving three main economic issues. Frans Timmermans, responsible for the implementation of the Green Deal; Margrethe Vestager, responsible for the digital age and competition policy and Valdis Dombrovskis, responsible for economy and financial services. The major change being that, in this commission, the Vice Presidents also have their own portfolio and Directorate-Generals to oversee, suggesting these three will be instrumental in driving the political priorities of commission. In this episode of 'The Sound of Economics' Bruegel director Guntram Wolff discusses with Simone Tagliapietra the new commission setup and Ursula von der Leyen's European Green Deal. In his previous blog post on the Green Deal, Simone argues not only does it aim to reduce the continent's emissions, but it also has the potential to grow the EU's economy and transform the bloc's politics. He also states the green deal has the motivation to achieve very high climate targets in quicker time than foreseen. For further reading on this topic, we recommend another recent blog post by Simone Tagliapietra on the global summits between now and November 2020 that are crucial to the future of climate change.
23:4711/09/2019
S5 Ep61: Backstage at BAM19: Designing a competition policy fit for Europe's needs.

S5 Ep61: Backstage at BAM19: Designing a competition policy fit for Europe's needs.

Should competition policy adjust to current concerns and support industrial policy? How can we contextualise long-run consumer welfare? How can we maintain independence and objectivity in enforcement? In this podcast, Rebecca Christie discusses competition policy, with Mathew Heim.
12:1705/09/2019
S5 Ep60: Backstage at BAM19: How much further reform is needed for the new financial sector?

S5 Ep60: Backstage at BAM19: How much further reform is needed for the new financial sector?

Is current financial architecture working as intended? If not, can it be fixed at the margin, or does it require holistic overhaul? Can such reforms be envisaged in a way that gives satisfaction to most or all member states? In this podcast, Rebecca Christie discusses financial sector architecture with Nicolas Véron.
24:3105/09/2019
S5 Ep59: Backstage at BAM19: Enhancing Europe's economic sovereignty

S5 Ep59: Backstage at BAM19: Enhancing Europe's economic sovereignty

What can the EU’s incoming leadership do to protect Europe’s economic autonomy in light of America and China’s economic, geopolitical struggle for supremacy? In this podcast, Nicholas Barrett discusses enhancing Europe’s economic sovereignty, with Jean Pisani-Ferry.
09:3505/09/2019
S5 Ep58: Backstage at BAM19: Priorities for Europe's monetary union

S5 Ep58: Backstage at BAM19: Priorities for Europe's monetary union

How complete is Europe’s monetary union? Is the euro area ready for a next recession or an economic crisis? What should be the reform priorities? In this podcast, Nicholas Barrett discusses the priorities for Europe’s monetary union, with Zsolt Darvas.
15:0805/09/2019
S5 Ep57: Backstage at BAM19: AI, robots and platform workers

S5 Ep57: Backstage at BAM19: AI, robots and platform workers

Will increasing use of AI, machine learning, robots and big data lead to massive unemployment? How are non-traditional workers and the self-employed to obtain health insurance and pensions? What role should public policy play going forward? In this podcast, Giuseppe Porcaro discusses the future of AI, robots and platform workers, with J. Scott Marcus.
12:5004/09/2019
S5 Ep56: Backstage at BAM19: Which priorities for the new EU leadership?

S5 Ep56: Backstage at BAM19: Which priorities for the new EU leadership?

When the last Commission took office in 2014, Europe was consumed by the eurozone crisis. Today, the incoming leadership must decide how to deal with a variety of issues. In this podcast, Rebecca Christie discusses the priorities for the new EU leadership, with Guntram Wolff.
10:2404/09/2019
S5 Ep54: Backstage at BAM19: How can Europe's economy thrive in the digital age?

S5 Ep54: Backstage at BAM19: How can Europe's economy thrive in the digital age?

What corporate strategies and public policy support are needed to turn the potential of digital technologies into opportunities for sustainable growth of EU firms, and for addressing EU societal challenges? In this podcast, Giuseppe Porcaro discusses how Europe’s economy can thrive in the digital age, with Reinhilde Veugelers.
11:5304/09/2019
S5 Ep55: Backstage at BAM19: Europe's trade policy

S5 Ep55: Backstage at BAM19: Europe's trade policy

How should and will the EU position itself vis-à-vis the US and China, both bilaterally and multilaterally in the context of the WTO system? In this podcast, Giuseppe Porcaro discusses Europe’s trade policy, with André Sapir.
14:5404/09/2019
S5 Ep53: Deep Focus: Energy transition in the next EU institutional cycle

S5 Ep53: Deep Focus: Energy transition in the next EU institutional cycle

When the dust settles after the recent European elections, and as the new Commission takes office, the problem of climate change - and its accompanying policy challenges - will remain one of the EU's chief agenda items. One significant facet is the transition of Europe's energy generation to more renewable sources. The EU has to find a way to decarbonise particular sectors much more quickly than has been managed so far, while allowing for and managing the distributional consequences of such policies for the continent's population. Simone Tagliapietra has co-written a research paper on energy transition with his Bruegel colleague Georg Zachmann, as well as Jean-Michel Glachant, director of the Florence School of Regulation; Pedro Linares, professor at Universidad Pontificia Comillas; Andreas Loeschel, professor at the University of Muenster; and Ottmar Edenhofer, director and chief economist at the Potsdam Institute for Climate Impact Research. If you would like to read more on this topic, we suggest Simone Tagliapietra's article the geopolitical implications of the global energy transition. Equally, we recommend an episode of our Backstage podcast series, where the same scholar hosts a discussion on the next decade of energy transition in Europe with Sir Philip Lowe, former director general at the European Commission, DG ENER, and Alberto Pototschnig, director at the European Agency for the Cooperation of Energy Regulators (ACER).
16:0510/07/2019
S5 Ep52: Director's Cut: Priorities for the new ECB president

S5 Ep52: Director's Cut: Priorities for the new ECB president

A difficult proposition faces the new ECB president – monetary union remains incomplete, the bank lacks room to manoeuvre in applying new tools, and it is not yet clear what constitutes the new economic ‘normal’. In this episode of 'The Sound of Economics' Bruegel director Guntram Wolff addresses deputy director Maria Demertzis and research fellow Grégory Claeys, who together with senior fellow Francesco Papadia have written a memo to the incoming ECB president. In their note, the authors state that the ECB needs to begin this eight-year term by reviewing monetary policy framework to account for the increasingly uncertain environment in which it will have to operate. In that vein, the incoming president will have to be prepared to emulate previous actions, providing certainty when it cannot be found elsewhere. In addition, the authors propose methods by which the ECB can bolster the euro-area architecture while continuing to fulfil its role in promoting financial stability. For further reading on this topic, we recommend a recent blog post by Grégory Claeys and Tanja Linta on the evolution of the ECB governing council's monetary-policy decision-making process.
26:1404/07/2019
S5 Ep51: Director's Cut: ECB monetary policy decisions deconstructed

S5 Ep51: Director's Cut: ECB monetary policy decisions deconstructed

The next president of the ECB, much like his predecessors, will have the difficult task of dealing with the balance between speaking with one voice and making timely, optimal decisions for the euro area as a whole. In this episode of ‘The Sound of Economics’, Bruegel deputy director Maria Demertzis speaks with Bruegel research fellow Grégory Claeys about the evolution of decision-making of the previous three governors and the differences in the effects of interest rates. Grégory Claeys and Tanja Linta have published a blog post creating a database to look back and examine precisely how decisions have been taken since the ECB was created. 
17:0727/06/2019
S5 Ep50: Deep Focus: Making a success of EU cohesion policy

S5 Ep50: Deep Focus: Making a success of EU cohesion policy

Cohesion policy remains a contentious topic in the EU, central as it is to the matter of convergence between regions. The need to share economic growth throughout the bloc is particularly acute in the wake of notable electoral advances from several more populist political parties in Europe in recent years. Bruegel senior fellow Zsolt Darvas explains how his recent study, co-written with Jan Mazza and Catarina Midões, adopts a new methodology with the aim of avoiding the complicating factors that have underpinned the greatly varied results of many previous assessments of cohesion-policy effectiveness. He explains further how the EU might refine its implementation of cohesion policy, and looks ahead to what might be the biggest obstacles to improvement. For further reading, we recommend the Bruegel Policy Contribution at the centre of this Deep Focus episode, ‘How to improve European Union cohesion policy for the next decade’.
22:4220/06/2019
S5 Ep49: Director’s Cut: A strategic agenda for the incoming EU presidents

S5 Ep49: Director’s Cut: A strategic agenda for the incoming EU presidents

The next presidents of the European Commission, Council and Parliament will inherit a relatively healthy European economy, but will face three formidable challenges in the next five years.   First, the incoming presidents must define Europe’s place in an increasingly bipolar world driven by a geostrategic rivalry between the United States and China. Second, global warming is a reality and temperatures appear to be rising faster than forecast. Third, the three presidents need to manage the economy and EU cohesion.   In this episode of ‘The Sound of Economics’, Bruegel director Guntram Wolff speaks with Bruegel deputy director Maria Demertzis about the specific measures that the new incumbents should take to tackle these challenges.   Together with senior fellow André Sapir, the two discussants have co-written Bruegel’s memo to the three new presidents, elaborating on the policy priorities for the next institutional cycle.
21:5112/06/2019
S5 Ep48: Backstage: Making the most of climate modelling

S5 Ep48: Backstage: Making the most of climate modelling

In this episode of 'The Sound of Economics', Bruegel senior fellow Georg Zachmann continues the Backstage series with an interview with Massimo Tavoni, professor at the Politecnico di Milano and director of EIEE. The discussion point is climate modelling - specifically its use and the necessity of complexity in some of its formulations. Some climate models are very straightforward, and this allows for the building of a solid base. But interaction between complex systems requires consideration of a multitude of factors, not all of which are easily measurable. Modelling can be productive as a means of plotting a route to a policy goal such as the Paris Agreement. And the outcomes are best viewed as producing only one of many possible routes that could be taken. These models are increasingly relevant for numerous sectors, all beginning to factor in not only climate change but climate-change policy. If you are interested in more on this topic, we recommend the Bruegel Blueprint co-written by Georg Zachmann with Grégory Caleys and Gustav Fredriksson on the distributional effects of climate policies.
25:1106/06/2019
S5 Ep47: Deep Focus: Striving for research excellence with Horizon Europe

S5 Ep47: Deep Focus: Striving for research excellence with Horizon Europe

The European Union's next framework programme for innovation and research - 'FP9', better known as Horizon Europe - will run from 2021 to 2027. With the rise of China as an increasingly direct competitor with the EU and the US, this will be a vital period.   Bruegel senior fellow Reinhilde Veugelers, together with Michael Baltensperger, has produced an analysis for the European Parliament's Committee on Industry, Research and Energy. The research paper, on which Reinhilde elaborates in this episode of the Deep Focus podcast, looks at what needs to be prioritised in the next framework programme in order to maintain and improve Europe's position as a leader in this increasingly competitive field.   For further reading we recommend the paper in question, 'Europe – the global centre for excellent research', as well as Reinhilde Veugeler's previous Bruegel Policy Contribution, 'Are European firms falling behind in the global corporate research race?'
16:1204/06/2019
S5 Ep46: Backstage: Ukraine's economic and political outlook

S5 Ep46: Backstage: Ukraine's economic and political outlook

The keyword in Ukraine right now is ‘uncertainty’, as the country prepares to elect a new parliament in July only a few months after electing a new president.  Not only will the new government have a role in stabilising and growing the economy following the 2014-15 economic crisis, but they will face the challenge of a large debt repayment during their term while dealing with an aggressive Russia.   In a political climate that is known for being corrupt and not respecting the rule of law, there are opportunities to change the country beyond economic policy.     In this episode of the Backstage podcast series, Giuseppe Porcaro, head of communications and events at Bruegel, hosts non-resident fellow Marek Dabrowski and Hlib Vyshlinsky, executive director at the Centre for Economic Strategy (CES) to discuss the opportunities for the new government and the best recipe of reforms.    For further reading, we recommend this blog post written by Marek Dabrowski about Ukraine’s struggle for reform, as well as this policy contribution on Ukraine’s unfinished reform agenda. 
29:2631/05/2019
S5 Ep45: Director's Cut: Reflections on the European elections

S5 Ep45: Director's Cut: Reflections on the European elections

An analysis of the results of the most recent European elections reveals what Bruegel director Guntram Wolff classifies as a generally positive trend in electoral participation across the EU, with an overall increase of 7% in voter turnout since the last elections in 2014. Additionally, populist parties in the European Parliament seem to have been prevented from gaining ground. However, election results in some EU member states were not as pro-EU at the national level. In this podcast, Guntram Wolff welcomes Ferdinando Giugliano from Bloomberg and Krzysztof Blusz from WiseEuropa to discuss the results in each guest's home countries - Italy and Poland, respectively - and how the nationalist trends in each state might play a role in politics in the new European Parliament and European Commission. If you are interested in Bruegel's work concerning the European elections, we recommend our blog post: ‘Spitzenkandidaten visions for the future of Europe’s economy’, which features the candidates for the next president of the European Commission. You can also visit the main page for our Spitzenkandidaten series, to review the content in full.
33:5429/05/2019
S5 Ep44: Backstage: Key policy positions of the Spitzenkandidaten

S5 Ep44: Backstage: Key policy positions of the Spitzenkandidaten

Giuseppe Porcaro hosts Bruegel director Guntram Wolff and visiting fellow Rebecca Christie to reflect on the key policy positions taken by the candidates for the European Commission presidency, ahead of May's elections. European elections are fast approaching. With them comes not just a visit to the polls, but the beginning of a sequence involving the European Parliament and the Council that will eventually decide who becomes the next president of the Commission. The Spitzenkandidaten process sees each of the parties put forward their nominated candidate - or candidates - one of whom should eventually assume the presidency, if the various criteria can be met. Looking back upon Bruegel's recent six-part series of events, held in partnership with the Financial Times, the discussants assess the candidates' views on Europe's future industrial policy path, the EU's stance on the growing trade dispute between the US and China, as well as the most vital and realistic euro-area reforms for the next five years. The debate also considers how each of the candidates might be positioning themselves and their parties in the complex process of selecting a new president. Giuseppe Porcaro leads the review with Bruegel visiting fellow Rebecca Christie and director Guntram Wolff, in this special edition of the Backstage series. If you would like to review the series in more depth, we recommend our blog post: ‘Spitzenkandidaten visions for the future of Europe’s economy’, which contains extracts and video clips from the events. You can also visit the main page for our Spitzenkandidaten series, to review the content in full.
28:4821/05/2019
S5 Ep43: Director's Cut: Evolution of US-China relations amid trade-tariff conflict

S5 Ep43: Director's Cut: Evolution of US-China relations amid trade-tariff conflict

Bruegel director Guntram Wolff and Bruegel fellow Uri Dadush welcome William Alan Reinsch, senior adviser and Scholl chair in international business at the Center for Strategic and International Studies, for a discussion of how China-US relations are developing in the context of unfolding trade war. With President Trump increasing tariffs on the US' imports from China and China retaliating in kind, the trade dispute between the two countries is escalating quickly. Here the discussants elaborate on the disruption caused by trade tariffs, the likelihood of China acquiescing to US demands with regard to economic reform, and where the EU might figure in the stand-off.  Guntram Wolff introduces this Director's Cut of 'The Sound of Economics', welcoming Bruegel fellow Uri Dadush as well as William Alan Reinsch, senior adviser and Scholl chair in international business at the Center for Strategic and International Studies.   If you are interested in more of Bruegel's work on this topic, we suggest Uri Dadush's blog post on the full implications of the escalating trade dispute between the US and China. We also recommend Alicia García-Herrero's working paper on the EU's options amid the China-US trade turmoil.
30:1314/05/2019