Category Archives: European Interdependences

Challenges and the Future of Africa – What insights for Europe?

On Wednesday, October 8th 2014, I was among the audience of the Wincott Lecture (hosted by the eponymous Foundation at Local Government House in London) given by Professor Sir Paul Collier, author of “The Bottom Billion – Why the poorest … Continue reading

Posted in Economic Concepts, European Integration, European Interdependences, European National Politics, Political Concepts, Uncategorized, Visions of the Political Future of Europe | Tagged , , , , , , , , , , , , , , , , | Leave a comment

The UK Referendum on EU Membership: Narrative, Economic Realities and Political Ambitions

As the the British Prime Minister is on the verge of announcing a referendum on continued UK membership of the EU, this post considers the narrative surrounding this issue and concludes that despite the arguments in favour or against, voter … Continue reading

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The European Banking Union Negotiations – Supervision

The banking union is a particularly important item in the long term reform agenda of the EU/Euro-Zone, and one that has often been neglected. In a crisis that is characterised by the linkages between public finances and the banking sectors, … Continue reading

Posted in Banking, ECB, European Integration, European Interdependences, Finance, Inflation, Sovereign debt Crisis, Week Ahead | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

On International Political Economy Equilibria – Introductory thoughts, Constraints and some Intuition

Analysts, particularly economists, like to think of the world as a system moving towards and around “stable equilibria”. While this is not necessarily always true and a lot of systems do behave as a random walk, the relative usefulness of equilibrum … Continue reading

Posted in Economic Concepts, European Integration, European Interdependences, Sovereign debt Crisis, World Affairs | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Divergence in the Euro-Zone: Famous, Obscure and Predictable Facts

In a previous post about the theory of optimum currency areas (OCA), asymmetric shocks, structural problems and the intrinsic need that this creates for the institution of a fiscal union, I argued that incomplete by monetary unions (i.e.: lacking a … Continue reading

Posted in Economic Concepts, Euro-zone Update, European Interdependences, Uncategorized | Tagged , , , , , , , , , , , , , , , | Leave a comment

OCA Theory – Asymmetric shocks in the Euro-Zone, Long Term Structural Problems & the need for EU Fiscal Union

As growth has found its way back on the discourse of the Euro-Zone sovereign debt crisis, I take the opportunity to briefly describe the simple model in the back of most (decent) economists discussing the long term structural problems underlying … Continue reading

Posted in Economic Concepts, European Integration, European Interdependences, Uncategorized | Tagged , , , , , , , , , , , , , , , | 1 Comment