The ETS will be much stronger after the Phase 4 revision. But further adjustments may be
inevitable in the future, given ongoing developments in the climate/energy world.
Rashish, Peter S.
A year ago the United States had just elected in Donald Trump a Republican president whose hostility to business-as-usual in trade policy helped propel him to victory over his Democratic rival, Hillary Clinton. In the new President’s view, the economic pillar of the liberal international order – the World Trade Organization (WTO) and trade agreements like the North American Free Trade Agreement (NAFTA) and the proposed Trans-Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (TTIP) – was not a generator of US prosperity and a multiplier of its national interest. Rather, these institutions and agreements had sapped US manufacturing...
Heads of state and government will endorse the European Pillar of Social Rights – presented by the European Commission as “a guide towards efficient employment and social outcomes” and “a compass for the renewed convergence within the euro area” – at the upcoming social Summit in Gothenburg on 17 November. At the Employment, Social Policy, Health and Consumer Affairs Council of 23 October, member states gave their green light to an interinstitutional proclamation of the Pillar. This is a step in the right direction and a clear victory for the Commission. Much uncertainty lingers, however, over the successful implementation of...
Kucharczyk, Jacek; Korniychuk, Andriy
From the executive summary. Following the 2015 elections, the Polish government has become increasingly disapproving of the current
state of the European Union (EU); while EU institutions, most notably the Commission, criticised the PiS
government for infringement of the rule of law and other values and principles enshrined in Article 2 of the
TEU. The deepening rift between Warsaw and Brussels is accompanied by a deep polarisation of Polish public
opinion and elites on many crucial issues regarding the future of Europe. These facts notwithstanding, Polish
society strongly supports Poland’s EU membership and the government’s ‘Brussels bashing’ has had limited
impact on the general support for...
Oberthür, Sebastian; Hermwille, Lukas; Khandekar, Gauri; Obergassel, Wolfgang
Significant potential exists to accelerate the climate transition by advancing sectoral approaches and institutions in international climate governance. To achieve the Paris Agreement objectives and quicken the urgently needed decarbonisation of our societies and economies, the simultaneous transformation of a wide range of interdependent sectoral systems is required. Each of these systems faces very specific transformation challenges and potentials for international governance. This calls for advancing tailor-made sectoral approaches to reinforce global climate governance, in the context of the further development of both the Paris Agreement and the system of intergovernmental institutions and transnational arrangements, including the increasing number of...
Orsini, Giacomo; Roos, Christof
Italy is the main gate of entry for undocumented migration to the EU which seriously stresses local reception capacity. Secondary movements of migrants to other member states have become a salient issue challenging the border free Schengen area. The EU has been responsive to this situation, introducing ‘hotspots’ and a relocation mechanism that are meant to support local authorities. The policy brief asks whether EU measures can effectively foster migration management in Italy and decrease migrant absconding. Our research on the implementation of EU hotspots in Sicily, the relocation mechanism, and the asylum system in Italy shows that the effectiveness...
Collins, Neil; Bekenova, Kristina
At the beginning of her term, Vice President of the Commission
Federica Mogherini decided to make Twitter and Facebook
fundamental tools for EU’s diplomacy and for promoting core
European values of democracy, human rights, rule of law, good
governance and international cooperation. In a short time,
various digital channels have become an important part of the
communication strategies of the European External Action
Leão, Augusto Veloso; Westerveen , Laura; Adam, Ilke
In June 2016, the European Commission launched the ‘EU Action Plan on Integration of third country nationals’. The Action Plan provides a common policy framework for integration policies in the Member States and aims to promote cooperation and policy coordination in the field of migrant integration. Due to the multilevel and cross-sectoral character of migrant integration, policy coordination is crucial to an effective policy strategy in this area of policymaking. In this policy brief, we take the one year anniversary of the Action Plan as an occasion to evaluate the role of the European Commission in European policy coordination on...
On the 23rd of May 2017, the Council of the European Union adopted conclusions on Culture in the European Union's external relations, by welcoming the Joint Communication Towards an EU strategy for international cultural relations presented by the European Commission in June 2016.
This EL-CSID Policy brief argues that, if the EU wants to define a real strategy for its external cultural action, it needs to provide a clearer definition of what ‘culture’ it is promoting (and how), and of what ‘complementarity’ with Member States means. First, EU Cultural Diplomacy should build upon EU’s experience in intercultural dialogue and capacity...
On 10 May 2017, Moon Jae-in, a liberal human rights lawyer, was
elected as the 12th President of the Republic of Korea (ROK).
Moon’s election puts an end to a period of instability in South
Korean politics, unleashed by the political scandal which broke
out in Autumn 2016 and led to the impeachment of conservative
President Park Geun-hye. Moon has promised dialogue with North
Korea and a warmer relationship with China1
. He has also raised
questions about the ‘comfort women’ agreement reached between
South Korea and Japan in 2015, painstakingly negotiated by
the Park administration and widely hailed as a stepping stone for
greater cooperation between Seoul and Tokyo2
Hornik, Joanna; Villa llera, Carmen
In this paper we study the uncertainty in the liability provisions
under the E-Commerce Directive from an economic perspective . Through
the combination of economics of cybersecurity and economic theories
of deterrence and liability we analyse how the uncertainty in Articles
12-15 of the E-Commerce Directive can affect the incentives that
Internet service providers have as regards what level of involvement to
have with data uploaded by users. By looking at the costs and benefits
of investment in security, we show how the existence of uncertainty in
the law can lead to a suboptimal level of investment. Subsequently, we
explore the consequences of changing the current liability provisions
Japan’s record of achieving growth without inflation should persuade the ECB that its
preoccupation with maintaining “close to 2%” inflation might not be so important after all.
Schoenmaker, Dirk; Véron, Nicolas.
The European Union’s financial supervisory architecture is based on a sectoral model with separate authorities for banking, insurance and securities and markets. New developments in the EU financial sector make this sectoral structure increasingly out of date:
Brexit creates a need for strong EU-level wholesale market and conduct-of-business supervision to build an integrated capital market for the EU27;
Mis-selling of bank bonds – that can be bailed in – to retail consumers has highlighted the need for a strong conduct-of-business supervisor for banking and other retail financial services, separate from prudential supervision to ensure a strong focus on the interests of consumers;
De Somer, Maria
While the multiple crises of recent years are slowly but surely giving way to a renewed optimism about the European project, one
of the European Union’s most symbolic and tangible achievements, the Schengen area, is not out of the danger zone yet. Rather,
political pressures on maintaining a free movement area without internal border controls seem as high as they were at the height
of the 2015 ‘refugee crisis’. Because of the sustained unwillingness of some member states to lift internal border controls, the
EU’s policies on Schengen are strongly dominated by intergovernmental interests, reviving memories of the system’s early days
outside the EU legal...
Both the UK and the EU want to continue cooperating closely with one another on defence and security issues after Brexit. But how this ‘close relationship’ will come about, or what it will look like is less clear. In this Policy Brief, Fraser Cameron presents us with the different options for the future, and argues that the development of the UK’s post-Brexit relationship with the EU on foreign and security policy will mainly depend on three things: First, the broader positioning of the UK in global affairs. To what extent will it seek to act autonomously, and to what extent...
Over the past three years, a distinct change has become visible in the ideological discourse of the government of Belarus. To an increasing degree, the state ideology is focusing on strengthening national identity, emphasising the divergence of Belarus’s interests from those of Russia, and re-examining the historical narration in a direction which emphasises the distinctiveness of the history of Belarus from that of Russia. Above all, the government has changed its attitude towards the Belarusian language and culture. A campaign promoting the Belarusian language is being carried out on a large scale – under the auspices of state ideologues. The...
Chawryło (Jarzyńska), Katarzyna
Despite the fact that more than 60 years have passed since the death of Joseph Stalin, the leader of the USSR from 1922 to 1953, the memory of him remains alive. For several years running Stalin has topped the ranking of the most remarkable figures in Russia’s history. Portraits of him appear at political demonstrations and religious events; new monuments to the dictator are erected. The Kremlin’s official rhetoric increasingly refers to the positive aspects of the Soviet era, in particular to the victory in World War II. Representatives of the state’s administration and the Orthodox Church have been making...
No less than three substantive pieces of EU legislation have been proposed over the eightmonth
period from November 2016 to June 2017, modifying or complementing the original
EMIR Regulation of 2012. This contribution analyses the changes that have taken place in EU
OTC derivatives markets since the new rules were adopted, and discusses the three drafts. It
argues that the European Commission should have assessed risk management with CCPs in
more detail and should have proposed a more integrated architecture for the supervision and
resolution of CCPs. It further argues that the three proposals should have been part of one
single package to facilitate the legislative process...
Kostanyan , Hrant
In the midst of much political hyperbole, the 5th Eastern Partnership Summit on November 24th
will hopefully chart a pragmatic way forward in a host of sectors for citizens living in the region.
William Echikson, William Echikson
For most of the past decade, Mr. Echikson has specialized in providing communications and policy support to technology companies and public authorities on Internet policy issues in Europe. He worked for six and a half years at Google, during which he worked on many of the search giant’s most difficult issues, ranging from the launch of the Chrome browser, the fight over Google Books and the battle over the Right to be Forgotten.