Publications in: Economic Policy

Takes Two to Tax – on fair taxation of the digital economy

The ongoing digital transformation poses enormous challenges to current tax law. Thus the European Commission published two proposals, a so-called interim tax and a comprehensive solution. In this blog post, Pola Schneemelcher assesses the proposals and makes the case that they do not sufficiently address the crucial question of how to value data. more

Should Bulgaria join the euro now?

While the Bulgarian case for joining the euro seems compelling, neither Sofia nor Brussels should jump the gun now. Not only does Bulgaria still lack the institutional capacity to be a reliable member of the club; it would also lose improtant degrees of freedom to foster growth and deal with crises at home. This Blog Post argues that Bulgaria’s accession should be based on prudence rather than precipitation. more

Transition: a Hitchhiker’s Guide to the Brexit Galaxy

Brexit will enter into force on 29 March 2019. Without an agreement on future relations, the UK will revert to accessing the single market under WTO rules. Economic turmoil cannot be ruled out as the British government struggles to clarify its priorities. This Policy paper by Elvire Fabry and Marco de Toffol explores ways in which a transition agreement could avert a "cliff-edge" scenario. more