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11. Global Britain: views from abroad

Author:
UK in a Changing Europe
Publication Date:
09-2021
Content Type:
Special Report
Institution:
UK in a Changing Europe, King's College London
Abstract:
‘Global Britain’ is the term used to denote the UK’s approach to the world post-Brexit. The success of ‘Global Britain’ depends not simply on the energy and resources devoted to it by the UK Government but also on the participation of potential partners. To consider what these reactions might be, UK in a Changing Europe and the School of Security Studies at King’s College London consider perceptions of Global Britain across different states around the world in this new report.
Topic:
International Relations, Security, Foreign Policy, Government, European Union, and Brexit
Political Geography:
United Kingdom and Europe

12. What do MPs think? expectations, issues and identities

Author:
Alan Wager and Paula Surridge
Publication Date:
12-2021
Content Type:
Special Report
Institution:
UK in a Changing Europe, King's College London
Abstract:
This briefing, authored by Dr Alan Wager, sets out where the House of Commons stands on key public policy issues facing the country and its expectations for the future. Drawing on a representative survey of Members of Parliament undertaken by Ipsos MORI between June and August 2021, it provides a pen portrait of opinion within the corridors of Westminster.
Topic:
Government, Politics, Brexit, Survey, Society, and Parliament
Political Geography:
United Kingdom and Europe

13. The risks from climate change to sovereign debt in Europe

Author:
Stavros Zenios
Publication Date:
07-2021
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
The exposure of European Union sovereigns to climate risks can be acute, from extreme weather, or chronic, from the productivity effects of gradual temperature increase, increased sea levels and the transition to a low-carbon economy that results in repricing of assets. Climate-related innovations can also spur growth. These risks are priced by investors and can affect sovereign credit ratings. Governments and fiscal stability authorities have an interest in the sovereign-debt implications of climate change being transparent. To this end, we look at the exposure of EU sovereigns to climate risks, study international best practices, and describe the transmission channels from climate change to public finance. European union institutions and national fiscal authorities should mainstream climate risk analysis in public finance. Stress testing of debt dynamic requires a link between regional climate scenarios and country debt dynamics. We argue for the adoption of an architecture of narrative climate scenarios, to guide national policymaking. Narrative Scenarios can be generated using integrated assessment models. As an illustration, we apply two prominent models to generate rough bounds on the extent of the risk for Italian debt from climate change. This raises issues about the models used. Coordination by EU institutions to develop regional scenarios will ensure acceptability, raise ambitions in dealing with climate risks and encourage the fiscal authorities to think of solutions. A network for climate-proofing public finance will bring together EU and member-state institutions. We also recommend budgeting for climate expenditures and contingent liabilities, and using risk-sharing instruments, with disclosure of the risks to public finance from climate change.
Topic:
Climate Change, Government, European Union, Fiscal Policy, and Sovereign Debt
Political Geography:
Europe

14. National Security vs. Accountability: Striking the Right Balance

Author:
Redion Qirjazi
Publication Date:
04-2021
Content Type:
Policy Brief
Institution:
Institute for Democracy and Mediation (IDM)
Abstract:
Information classification is an important mechanism that governments use to keep citizens safe and protect national interests. However, when classification regimes produce excessive secrecy, they can both interfere with democratic governance and counterproductively jeopardize national security. As such, on the one hand, ‘overclassification’ can lead to reduced oversight, transparency, and accountability in the security sector, while on the other, prevent security agencies from sharing information rapidly and detect security threats in due time. Unfortunately, in the case of Albania, there still remains a disproportionate emphasis on the need to safeguard national secrets versus the right of citizens to be informed on decisions made on their behalf. Hence, as it is for every other public institution, this policy brief calls for security sector agencies to pursue a balanced approach to secrecy: one that strikes the right compromise between protecting national security and delivering good governance by ensuring transparency and accountability.
Topic:
Government, National Security, Accountability, Transparency, Classification, and Information Technology
Political Geography:
Europe and Albania

15. A New Settlement: Place and Wellbeing in Local Government

Publication Date:
06-2021
Content Type:
Video
Institution:
Mile End Institute, Queen Mary University of London
Abstract:
This event launched the report, 'A New Settlement: Place and Wellbeing in Local Government', in partnership with LGiU with support from Research England. The report outlines a new settlement for place in England built around the insights and the experiences of councils grappling with these challenges across the country.
Topic:
Government, Governance, Local, and Welfare State
Political Geography:
United Kingdom and Europe

16. COVID-19 credit support programs in Europe’s five largest economies

Author:
Julia Anderson, Francesco Papadia, and Nicolas Véron
Publication Date:
04-2021
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
n 2020, European governments mitigated the economic impact of COVID-19 lockdowns and other pandemic-fighting programs through a host of initiatives, including efforts to support credit, such as guarantees for bank loans, particularly to small and medium-sized enterprises. This paper presents detailed information about these national credit support programs in the largest national economies of the European Union (France, Germany, Italy, and Spain) and the United Kingdom. The information was collected through thorough examination of published material and extended exchanges with national authorities and financial sector participants. The analysis focuses on (1) how countries positioned themselves on the many tradeoffs that emerged in designing and implementing the programs; and (2) what explains differences in usage across countries and its leveling off everywhere in the second half of 2020.
Topic:
Government, European Union, Finance, Fiscal Policy, and COVID-19
Political Geography:
United Kingdom and Europe

17. Will industrial and agricultural subsidies ever be reformed?

Author:
Gary Clyde Hufbauer
Publication Date:
03-2021
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
Open Sub-navigation BackOpen Sub-navigation Publications Back Policy Briefs Working Papers Books PIIE Briefings Open Sub-navigation Commentary Back Op-Eds Testimonies Speeches and Papers Topics & Regions PIIE Charts What Is Globalization? Educational Resources Open Sub-navigation Back Senior Research Staff Research Analysts Trade Talks Open Sub-navigation Back RealTime Economic Issues Watch Trade & Investment Policy Watch China Economic Watch North Korea: Witness to Transformation 中文 Open Sub-navigation Back All Events Financial Statements Global Connections Global Economic Prospects Stavros Niarchos Foundation Lectures Trade Winds Open Sub-navigation Back News Releases Multimedia Media Center Open Sub-navigation Back Board of Directors Staff Employment Contact Annual Report Transparency Policy POLICY BRIEF VIEW SHARING OPTIONS Will industrial and agricultural subsidies ever be reformed? Gary Clyde Hufbauer (PIIE) Policy Brief21-5 March 2021 Photo Credit: REUTERS/Denis Balibouse One economic argument for government subsidies is that they are necessary to compensate firms and industries for benefits they provide to society at large but cannot capture in the prices they charge for goods or services. For example, subsidies to renewable energy are defended because renewable energy limits carbon emissions. When a major economy subsidizes extensively, however, its trading partners are drawn into the game, with losses all around. As the prisoner’s dilemma suggests, a better outcome would entail mutual restraint. But the goal of mutual restraint is no less difficult in international trade than it is in international arms control. Both the European Union and the US federal system try, in different ways, to regulate industrial subsidies. Hufbauer examines efforts to contain unjustifiable subsidies and proposes modest improvements, bearing in mind that as countries struggle to overcome the global economic downturn resulting from the COVID-19 pandemic, there is little appetite for restoring a free market economy—one in which firms compete with minimum government assistance or regulation. Selective upgrading of the rulebook may nevertheless be possible.
Topic:
Agriculture, Government, Reform, European Union, Regulation, Manufacturing, Industry, COVID-19, and Subsidies
Political Geography:
Europe, North America, and United States of America

18. Firm Profits and Government Activity: An Empirical Investigation

Author:
Petar Jolakoski, Branimir Jovanovic, Joana Madjoska, Viktor Stojkoski, and Dragan Tevdovski
Publication Date:
02-2021
Content Type:
Working Paper
Institution:
The Vienna Institute for International Economic Studies (WIIW)
Abstract:
If firm profits rise to a level far above than what would have been earned in a competitive economy, this might give the firms market power, which might in turn influence the activity of the government. In this paper, we perform a detailed empirical study on the potential effects of firm profits and markups on government size and effectiveness. Using data on 30 European countries for a period of 17 years and an instrumental variables approach, we find that there exists a robust relationship between firm gains and the activity of the state, in the sense that higher firm profits reduce government size and effectiveness. Even in a group of developed countries, such as the European countries, firm power may affect state activity.
Topic:
Development, Economics, Government, International Political Economy, and Profit
Political Geography:
Europe and Global Focus

19. Cooperation in Tertiary Prevention of Islamist Extremism

Author:
Sofia Koller
Publication Date:
09-2021
Content Type:
Working Paper
Institution:
German Council on Foreign Relations (DGAP)
Abstract:
In tertiary prevention of Islamist extremism, civil society and governmental exit programs support individuals (and their families) who wish to disengage from violent extremist groups and distance themselves from extremist ideologies. Exit work and successful reintegration into society involves security agencies as well es very practical elements provided by municipal actors, public services, and civil society organizations. Effective cooperation between civil society and governmental actors including statutory bodies is crucial but can be challenging.
Topic:
Security, Civil Society, Government, Violent Extremism, and Islamism
Political Geography:
Europe, Germany, Belgium, and Netherlands

20. Protecting checks and balances to save the Rule of Law

Author:
Eric Maurice
Publication Date:
04-2021
Content Type:
Policy Brief
Institution:
Robert Schuman Foundation (RSF)
Abstract:
For half a decade, the Polish government has been reshaping the country's judicial system in a process described by the European Union as a "threat to the rule of law". Despite numerous Council of Europe reports and resolutions, several infringement proceedings and decisions of the Court of Justice of the European Union (ECJ), and the unprecedented activation of the so-called Article 7 procedure of the Treaty on European Union (TEU), the transformation of the judiciary into relays of political power has continued and accelerated since the Law and Justice Party (PiS) won a new term in 2019 and the reelection of President Andrzej Duda in 2020, pushing Poland to the limits of the European legal order.
Topic:
Government, European Union, Courts, and Rule of Law
Political Geography:
Europe and Poland