Publications in: Economic Policy

The debate on EU-digital taxation

The so-called ‘Google tax’ is currently the focus of a heated debate. Proponents claim that large digital companies make use of the users’ data, but do not contribute to the public welfare when they shift their profits to tax havens. Opponents fear competitive disadvantages and barriers to research and innovation. While the matter is technical, the debate becomes very political. This blogpost examines why digital taxation is a problem after all and why the European Commission’s proposal for a solution does not fit the bill. more

A European Safe Asset? Perceptions from France and Germany

A common European safe asset is a highly contentious proposal in the Euro area reform agenda. While some policymakers see it as a promising tool, others consider it a threat to the financial stability it aims to improve. In this paper, Kris Best explains the policy rationale of a European safe asset and analyses how the debate is viewed differently in France and Germany based on interviews with economic policymakers in each country. more

A Guide to Brexit and Data Flows

Post-Brexit relations regarding data transfers and data protection are going to exercise one of the biggest economic impacts on the UK and the EU27 over the longer term. In this policy paper, Paul-Jasper Dittrich provides an overview of the role of data and data exchanges in modern economies, and how Brexit endangers this exchange, and describes different scenarios for the transfer of personal data post-Brexit. more

How the ‘Migration Crisis’ Affected Funding Under the MFF

Ahead of negotiations over the Commission’s proposal for the next Multiannual Financial Framework (MFF), this Policy Paper explores how the ‘migration crisis’ affected funding for asylum and migration. In the Paper Lucas Rasche analyses the structural deficiencies in the EU’s most relevant funding instrument for migration, the Asylum, Migration & Integration Fund (AMIF), and argues that a reform of the political framework underpinning funding in the field of asylum and migration is necessary. more

ESM reform: No need to reinvent the wheel

In this blog post, Lucas Guttenberg argues that the ESM does not need a new instrument to provide short-term liquidity to member states. Instead, finance ministers should clarify that some of the existing instruments can be used without recourse to a full adjustment programme, i.e. based only on ex-ante eligibility criteria. more