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Economic and Social Policies

This category contains 957 posts

International Day for the Eradication of Poverty 2019: EU contribution to the fight against child poverty

Over recent decades, there has been marked progress in reducing poverty worldwide. The research conducted by this year’s Nobel Prize in Economic Sciences laureates, Abhijit Banerjee, Esther Duflo and Michael Kremer, has considerably improved the ability to fight global poverty. Continue reading

Mainstreaming of climate action in the EU budget: Impact of a political objective

The European Union (EU) has developed many legislative measures related to climate change, and is on track to meet its 2020 targets for the reduction of greenhouse gas (GHG) emissions, the improvement of energy efficiency and the increased use of renewables. Continue reading

A globalisation that works for everyone? Penny Goldberg discusses the 2020 World Development Report

On 1st October 2019, the chief economist of the World Bank (WB), Penny Goldberg, presented an exclusive snapshot of the 2020 World Development Report in the Library Reading Room at the European Parliament, discussing the economic challenges and perspectives of global value chains (GVCs) for economic development: what can policy makers do to facilitate sustainable growth through GVCs? Continue reading

CAP Amending Regulation (CMO): Amending regulations on the CMO for agricultural products, quality schemes and measures for remote regions [EU Legislation in Progress]

On 1 July 2018, as part of the work on the EU’s 2021-2027 multiannual financial framework, the European Commission proposed a package of three regulations with the aim of reshaping and modernising the common agricultural policy (CAP). Continue reading

Plenary round-up – Brussels, October I 2019

Highlights of the October I plenary session included statements and debates on the preparation of the European Council meeting of 17 and 18 October 2019, on greening the European Investment Bank (EIB), in the presence of the Bank’s president, and on how to prevent conflicts of interest in the EU. Continue reading

Health threats from climate change: The time to act is now

On 1 October, the European Parliamentary Research Service (EPRS) hosted the European Academies’ Science Advisory Council (EASAC) for a policy roundtable on climate change and human health. Continue reading

Monitoring, reporting and verification of CO2 emissions from maritime transport [EU Legislation in Progress]

In February 2019, the Commission adopted a proposal to revise the EU system for monitoring, reporting and verification of CO2 emissions from maritime transport, in order to align it with the global data collection system introduced by the International Maritime Organization (IMO). Continue reading

International research collaboration – a key feature of the new global science landscape

The phenomenal growth in collaboration between scientists and institutions located in different countries began 30 years ago, when the bipolar world, in which most internationally active scientists belonged either to the Soviet block or to Western countries, collapsed. Continue reading

End of the Draghi era at the ECB [What Think Tanks are thinking]

The European Central Bank will shortly see a ‘change of the guard’ at a time of stagnating economic growth and fears of recession sparked partly by global trade conflicts. Current ECB President, Mario Draghi’s eight-year term in office ends on 1 November, and he is to be replaced by Christine Lagarde, former head of the International Monetary Fund and previously Minister of Finance in France. Continue reading

Climate change [What Think Tanks are thinking]

The United Nations’ Secretary-General, Antonio Guterres, will convene a special summit on climate change on 23 September, during the annual session of the UN General Assembly in New York. Continue reading

Consumers and repair of products

Repairing broken or damaged products can save consumers money by helping them postpone making replacement purchases, while also bringing benefits to the environment through lower waste production and use of resources. Continue reading

What if Libra disrupted the financial system? [Science and Technology podcast]

As of 2020, Facebook’s cryptocurrency project Libra promises to connect everybody to the global, digital world of banking. The introduction of a privately governed currency could fundamentally challenge the current EU financial framework, conflict with EU law and tax requirements, and violate consumer rights. Continue reading

Sustainable finance – EU taxonomy: A framework to facilitate sustainable investment [EU Legislation in Progress]

In March 2018, under its capital markets union project and as part of a broader initiative on sustainable development, the European Commission presented an action plan on sustainable finance, in order to facilitate investments in sustainable projects and assets across the EU. Continue reading

Cost of non-Europe in robotics and artificial intelligence

Robotics is a wide and multi-faceted domain that crosses boundaries between many economic sectors and legal disciplines. The perception of a need for some kind of Europe-wide legal framework to accompany the development of robotic and artificial intelligence (AI) technologies is growing. Continue reading

European Solidarity Corps 2021-2027 [EU Legislation in Progress]

The financial allocation for the European Commission proposal for a European Solidarity Corps programme is €1 260 million at current prices. Projected to offer opportunities for 350 000 18 to 30 year olds from 2021 to 2027, the programme is included under Heading 2 ‘Cohesion and Values’ of the multiannual financial framework covering the same period. Continue reading

Sustainable finance and benchmarks: Low-carbon benchmarks and positive-carbon-impact benchmarks [EU Legislation in Progress]

In May 2018, the European Commission presented a package of measures on the financing of sustainable growth. The package includes three proposals aimed at establishing an EU taxonomy on sustainable economic activities, improving disclosure requirements and creating a new category of benchmarks to help investors measure the carbon footprint of their investments. Continue reading

What if we didn’t need cows for our beef? [Science and Technology podcast]

With the help of cells from a single cow, scientists can produce 175 million hamburgers. When fully commercialised, this type of technology could greatly impact the way we produce and consume meat. Continue reading

Representative actions to protect the collective interests of consumers: A new deal for consumers [EU Legislation in Progress][Policy Podcast]

On 11 April 2018, the European Commission published a proposal for a new directive on representative actions for the protection of the collective interests of consumers. Currently, consumer organisations or independent public bodies can bring actions in the name of consumers in courts or before administrative authorities to stop infringements of consumer legislation. Continue reading

Multinational enterprises, value creation and taxation: Key issues and policy developments [Policy Podcast]

The substantial reduction in trade costs and the rapid technological advances characterising the global economy over the past three decades have allowed multinational enterprises (MNEs) to increasingly break up their supply chains and spread them across different countries. Continue reading

Towards unified representation for the euro area within the IMF [Policy Podcast]

Looking back on 20 years of the euro, it is widely acknowledged that it has proved successful as the common currency of the euro area, and that it has also developed into a vehicle for international trade, having become the second most widely used currency in the world. Continue reading

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