Publications

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To many, the European Union (EU) is a complex entity overburdened by rules. In The European Union Could Be Simple, Inclusive, or Effective. Pick Two., author Dimiter Toshkov, an associate professor at the Institute of Public Administration at Leiden University, presents the structural dilemma facing the EU: accommodating the diverse interests of twenty-eight member states while delivering effective policies for over 510 million citizens in a simple way.

 
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Despite the popularity of economic sanctions as a foreign policy tool, their ability to deliver sustained impacts on target countries is often called into question. In “Economic Sanctions–A Vital Foreign Policy Tool,” author John Forrer, associate research professor of strategic management and public policy at the School of Business at George Washington University, explains the reasons behind sanctions’ enduring popularity. The author argues the most compelling reason for their appeal is that they can be designed and deployed to achieve many foreign policy goals. 

 
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The European Union (EU), a vital partner for the United States, is facing numerous challenges, including massive migration flows, the UK’s vote to leave the EU (Brexit), and rising support for anti-EU and populist parties in upcoming elections in several European countries. In Charting the Future Now: European Economic Growth and its Importance to American Prosperity, the Atlantic Council’s EuroGrowth Initiative proposes pragmatic steps to restore European economic growth, safeguard the European project, and reinvigorate the transatlantic alliance.

 
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It has been more than two years since the European Union (EU) and the United States imposed economic sanctions on Russia for its aggression in Ukraine. For some of the measures that is time enough to evaluate effectiveness. “The sanctions’ greatest achievement is that they have been an important demonstration of transatlantic unity. Still, there are intermediate goals, not simply full compliance, that this report considers: to contain Russia’s adventurism and to craft a cautionary tale in which Russia pays a high price for—and the West takes a principled stand against—the Kremlin’s violation of international law and its neighbor’s sovereignty,” writes Dr. Sergey Aleksashenko, author of Evaluating Western Sanctions on Russia, a new report from the Atlantic Council’s Dinu Patriciu Eurasia Center and the Global Business and Economics Program. 

 
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The European Union (EU) is facing numerous crises, including massive migration flows, the UK’s vote to leave the EU (Brexit), and rising support for anti-EU and populist parties. In “The EU’s Capital Markets Union—Unlocking Investment Through Gradual Integration,” author Zdenek Kudrna, a post-doctoral researcher at the University of Salzburg, argues that these crises all share one characteristic: They would be easier to resolve if EU economies grew faster.

To reinvigorate economic growth across Europe, the President of the European Commission, Jean-Claude Juncker, launched the “Juncker Plan” in November 2014. Kudrna introduces the Capital Markets Union (CMU) as the core regulatory initiative of this plan. 

 
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Europe suffers from two major handicaps: poor economic growth and high unemployment. In Europe Needs To Trim Its Excessive Fiscal Burden, Anders Åslund argues that Europe needs more structural reforms to solve these problems. Åslund addresses some fundamental questions on excessive fiscal burden: Why have public expenditures become higher in the EU than in other countries at a similar level of economic development? How have varying levels of public expenditures impacted economic growth? What level of public expenditures is desirable and how can the desired level be achieved? 

 
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With the impending Brexit referendum on June 23, economists must anticipate the ramifications of the United Kingdom (UK) leaving the European Union (EU). This is the first time the voluntary integration of the EU has been threatened, and creates a distressing existential question: is EU membership valuable enough?

 
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After more than three years of negotiations to forge a Transatlantic Trade and Investment Partnership (TTIP), many elements of the agreement are still far from settled. However, it is possible to reach agreement in 2016. The negotiators are determined, and there is mounting awareness that an agreement that underscores the importance of the transatlantic economic relationship and strengthens the strategic relationship between the European Union (EU) and the United States is needed.

 

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The United States and the European Union (EU) share the largest trade and investment relationship in the world, with more than $5.5 trillion in commerce every year and up to fifteen million jobs generated on both sides of the Atlantic. Currently under negotiations, the Transatlantic Trade and Investment Partnership (TTIP) will bolster this key partnership, increasing efficiency, spurring job creation, and generating opportunities for innovation and small and medium enterprises. At a time of slow recovery from the 2009 recession, a comprehensive agreement that protects high quality standards can send a powerful signal to the rest of the world, highlighting the United States’ and Europe’s dynamism.

 

Faced with a $1.8 billion debt payment to the International Monetary Fund (IMF) on Tuesday, Greece was unable to reach an agreement with its Eurozone partners and the IMF yesterday in the latest round of talks in Brussels as both sides failed to make progress on key issues such as pension reform and taxation. A final session of negotiations will begin on Saturday, where Greece will have one last chance to strike a deal to unlock $8.06 billion in bailout aid. Absent an agreement, EU leaders are prepared to implement measures such as capital controls and even humanitarian aid to help stem the spread of economic contagion caused by a Greek default. If capital controls do in fact have to be adopted, they will be discussed and finalized over the weekend.


    

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