This week’s IGM European Economic Experts Panel statements:
Selecting candidates for membership of the ECB Executive Board based primarily on nationality ahead of competence is likely to have a negative effect on the quality of monetary policy in the Eurozone.
Although the central bank can never be an entirely technocratic institution, the selection process for the ECB President and members of the Executive Board is significantly worsened by intergovernmental trade-offs involving appointments to other European institutions.
Keyword: European Union
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This week's IGM European Economic Experts Panel Statements:
A) The average European is better off if Europe’s competition authorities let firms merge into European champions in their sectors, even it weakens competition.
B) If China and other countries use policies that create giant international firms, then the average European is better off if Europe's competition authorities let firms merge into European champions in their sectors, even it weakens competition.
This week's IGM European Economic Experts Panel statements:
A) The fiscal rules of the European Union should give more flexibility to member countries.
B) The Italian budget for 2019 that the European Commission rejected in October would have increased Italy’s risk of fiscal insolvency substantially.
C) If France runs a 2019 budget deficit of around 3.4% of GDP, as announced by President Macron’s government, France’s risk of fiscal insolvency will increase substantially.
This week's IGM Economic Experts Panel statement:
The European Union often uses its antitrust powers to protect EU-based firms from international competition, rather than to promote greater competition in European markets.
This week's IGM European Economic Experts Panel Statement:
The European Union often uses its antitrust powers to protect EU-based firms from international competition, rather than to promote greater competition in European markets.
This week's IGM European Economics Experts Panel statements:
A) Because of the Brexit vote's outcome, the UK's real per-capita income level is likely to be lower a decade from now than it would have been otherwise.
B) Because of the Brexit vote's outcome, the rest of the EU's real per-capita income level is likely to be lower a decade from now than it would have been otherwise.
This week's IGM European Economics Experts Panel statements:
A) Freer movement of people to live and work across borders within Europe has made the average western European citizen better off since the 1980s.
B) Freer movement of people to live and work across borders within Europe has made many low-skilled western European citizens worse off since the 1980s.
This week's IGM Economic Experts Panel statements:
A) Because of the Brexit vote's outcome, the UK's real per-capita income level is likely to be lower a decade from now.
B) Because of the Brexit vote's outcome, the rest of the EU's real per-capita income level is likely to be lower a decade from now.
This week's IGM Economic Experts Panel statements:
A) If the UK opts to withdraw from the European Union, and assuming Scotland stays in the UK, the level of the UK's real per-capita income a decade later will be lower than if it remains part of the EU.
B) If the UK exits the EU, then it substantially increases the chances that some other current region of the EU will also exit within the following decade.
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