Japan is opening its door to migrants

Japan is opening its door to migrants

Share

In June the government announced it would create a “designated skills” visa in order to accept 500,000 new workers by 2025, specifically in agriculture, construction, hospitality, nursing and shipbuilding. That even Japan has agreed to accept migrants suggests it may be the only solution for mature economies to maintain productivity growth. In this case the […]

Welcome to the jungle: Trump's plan for international trade

Welcome to the jungle: Trump’s plan for international trade

Share

The WTO allows a better governance of international trade, albeit with noteworthy shortcomings, by reducing world’s ineradicable anarchy. Without it, the stronger, richer and more powerful Country will always get the better hand of a deal. Which is exactly what Trump is looking for. The result could be that, as a more sustainable trade is […]

Not all that is trade glitters

Not all that is trade glitters

Share

Indonesia and EU have strong economic ties, which could be bolstered further through a trade agreement. While the EU is a major importer of Indonesian raw materials, Indonesia has been seen as an important recipient for foreign direct investments and a key market for procurement and services. The FTA under negotiation represents a capstone for […]

The future of press freedom depends on basic income

The future of press freedom depends on basic income

Share

Because digitalisation is profoundly changing the relationship between reader and text, traditional publishers are faced with the challenge of rethinking their organisation and self-image. The Austrian quality paper I‘m writing for, Der Standard, is no exception. One way the publishing house is adapting and responding to change is by using readers as authors on basis […]

Outsourcing EU migration management to North Africa is a threat to human rights

Outsourcing EU migration management to North Africa is a threat to human rights

Share

The EU officials agreed on creating controlled migration centres in North Africa where refugee claims would be processed before migrants could enter Europe. Only those eligible for refugee status would be allowed to go to Europe while others would be returned to their home countries. While the official argument is that the number of deaths […]

EU VAT reform, hit or miss

EU VAT reform, hit or miss

Share

The major reason showing urgent need for an extensive VAT reform was the European Commission Study which revealed that EU Member States lost € 152 billions in VAT revenues during 2015. Around € 50 billion of the VAT gap is estimated to be due to cross-border VAT fraud, which is believed to finance criminal organisations […]

Islamic finance: zero interest, high expectations

Islamic finance: zero interest, high expectations

Share

Prompted by rampant growth rates, the industry of Islamic finance is increasingly drawing the attention of investors, regulators and scholars. The peculiarity of Islamic financial activities is the compliance with Sharia, the Islamic law. According to Sharia’s precepts, generating revenues from money is prohibited and interest-paying arrangements are considered “riba” (aka usury). Therefore, Islamic financial […]

Recent News

Warm Arctic, cold Europe: warnings from last February

Warm Arctic, cold Europe: warnings from last February
Share

Arctic temperatures are rising and polar ice is melting, but starved polar bears aren’t the only implication. Oil and gas fields, metals and minerals, new trade routes, fisheries: the world’s northernmost region is home to a pool of resources that are just opening up to exploitation. But at what cost? A not-so-frozen world The Arctic […]

Read More 0 Comments

Poland and the rule of law: financial sticks, political carrots?

Poland and the rule of law: financial sticks, political carrots?
Share

These include human dignity, freedom, democracy, equality, the rule of law, and respect for human rights. Where the Commission was seriously concerned, Polish Prime Minister Mateusz Morawiecki claimed that the judicial reforms that were so heavily criticized in fact were “deeply needed”. Initially, Warsaw did not seem willing to make concessions and the probability of […]

Read More 0 Comments

Environment & trade agreements: a peaceful coexistence?

Environment & trade agreements: a peaceful coexistence?
Share

The European Union is both one of the world’s largest traders and a strong contributor in the fight against climate change. It currently has over 40 trade agreements implemented and several others underway, which equals to many more threats to the environment. To effectively conciliate its two desired positions, it has to make progress towards […]

Read More 0 Comments

The CMU initiative: Is a hard Brexit really an option?

The CMU initiative: Is a hard Brexit really an option?
Share

The European Single Market is based on four fundamental pillars: the free movement of people, goods, services and capital. Despite the formal freedom, capital does not flow across national borders with the same ease of the other items. In fact, when compared to US or Japan, European financial markets rely intensively on traditional bank-based intermediation […]

Read More 0 Comments

Selmayrgate: The European Commission’s House of Cards

Selmayrgate: The European Commission’s House of Cards
Share

Although some Commissioners were surprised, their initial reaction was nothing compared to that of the other institutions, Member States, and the media. Among other things, the situation has been said to undermine transparency, (gender) equality and the credibility of the EU. Some suggest Selmayr is simply not a popular person within the Brussels bubble, which […]

Read More 0 Comments

A troubled journey ahead: Theresa May’s trade bill

A troubled journey ahead: Theresa May’s trade bill
Share

This law was designed to implement the government’s “copy-pasting strategy”: using the text of current EU agreements to sign new trade deals – for instance using the content of CETA to create a UK-Canada agreement. The goal of the government is to accelerate the negotiation process in order to have a maximum of trade agreements […]

Read More 0 Comments

Oil extraction in Italy and “collateral” damage

Oil extraction in Italy and “collateral” damage
Share

The production of fossil fuels is still considered of strategic interest in Italy. As of the end of 2015, 114 exploration and 202 exploitation licenses were in force on national territory. Such activities pose a huge threat to the preservation of the environment and the health of local communities. The recently uncovered Val d’Agri affaire […]

Read More 0 Comments

International Trade by the People, for the People

International Trade by the People, for the People
Share

For decades people around the world have joined together to struggle against neoliberal trade deals between countries. All too often these movements have rightly condemned free trade deals without offering viable alternatives fit for our 21st century, globalised world where we depend on foreign imports daily. This has led to the familiar accusations by advocates […]

Read More 0 Comments

Making nature count: What can the EU do?

Making nature count: What can the EU do?
Share

Even though they are crucial in tourism and recreation, food and appreciation, air and water filtration, as well as erosion and flood control, environmental products and services are barely represented in classic accounting. Ecosystems provide invaluable yet rather intangible services and contributions to national economies that classic indicators such as the GDP neglect. Therefore, they […]

Read More 1 Comment

Rewilding: why it may be time for Europe to take a walk on the wild side

Rewilding: why it may be time for Europe to take a walk on the wild side
Share

Despite current conservation efforts, every indication points to the fact that our biodiversity and, along with it, our ecosystem services are in a dire state. Reports indicate that we have lost up to 80% of our insects in what is being called an ‘insectageddon’, and the recent state of nature report estimates that 60% of […]

Read More 1 Comment

European Monetary Fund: further integrating financial stability

European Monetary Fund: further integrating financial stability
Share

In recent months the long-standing idea of creating an EMF has experienced a revival, such that the Commission even set out a roadmap to establish the new institution within 2019. A well-designed EMF should be able to manage asymmetric shocks (i.e. affecting some European countries more than others) and could hence reinforce the financial stability […]

Read More 0 Comments

Ending money laundering in Europe: Does the “beneficial owner register” deliver?

Ending money laundering in Europe: Does the "beneficial owner register" deliver?
Share

Subsequently, under the new directive, Member States are expected to ensure that corporates and other legal entities incorporated within their territory obtain and hold adequate, accurate and current information on their beneficial owners, namely their true owners, including the details of the beneficial interests held. Such information should be held on a central register, such […]

Read More 0 Comments