A European Union Sustainable Banking Network
This policy brief suggests a proposal for the promotion of a sustainable banking system in the EU. This sustainable banking network, that we suggest to call EU Sustainable Banking Network…
A Proposal for Voluntary Degrowth by Redesigning Money for Sustainability, Justice, and Resilience
The period after 1971, which saw the final abandonment of a gold standard tied to the American dollar, has revealed the logical trajectory of the conventional money sign. Since the…
Policies for Rebalancing China’s Economy and Their Global Impact
This policy brief draws on FESSUD Working Paper No. 144, “Assessing China’s Economic and Financial Prospects within the Context of Global Imbalances”. It highlights how the country could rebalance its…
The effects of the crisis on the convergence/divergence in the Euro area
This policy brief summarizes the findings of a study on the existence of a convergence/divergence among the Euro economies and on the impact of the Great Recession as well as the differences…
Banking risk in France, Germany and Spain
In this analysis we review financial systems on three different levels. First, we look at overall financial stress and stress in the sovereign bond market. Then, we look closer at…
Making the European Union a viable construction
The recent result of the UK referendum on exiting the European Union (EU) is the more visible sign of the shortcomings and fragmentation of the Union’s political, institutional and policy…
EU Financial integration and the role of the European Central Bank
The economic and financial crisis that still affects most European countries has raised growing concerns about the endurance of the integration process of the European Union (EU), and especially of…
Structures of ownership in the financial sector
The analysis of the structure of ownership in the financial sector in the old and new EU Member States is particularly important for the proper understanding of the scale and…
Regime changes in the course of the crisis: tendencies towards mercantilism and economic policy challenges
In the present policy brief, we review the macroeconomic regimes before and after the financial and economic crises and detect a reinforced tendency towards export-led mercantilist strategies, which means a…
The processes of financialisation
Financialisation involves the growth of the financial sector in the economic, the social and the political spheres. The processes of financialisation have major consequences for economic performance, social well-being and…