Europe's nations and regions
The speed at which events in Ukraine are unfolding is astounding. This column argues that the real goal of Russian President Putin is to make the February 2014 changes look like a failure. Root causes of the Ukrainian protest also exist in Russia and a victory of reform forces in Kiev could encourage stronger protest movement in Russia than that of 2011-2013 and potentially lead to a similar outcome.
Language is not only a tool of communication but also of empowerment and cultural identity. This column presents evidence that mandatory instruction in Catalan strengthened perceptions of regional identity and boosted political support for Catalanist parties. This evidence of the efficacy of multiculturalist policy should instruct policymakers in ethnically diverse societies.
Ukraine’s ‘February Revolution’ is threatened by the nation’s dire economic straits. The column discusses short- and long-term changes that are necessary to get the nation through this crisis and back on the track to stability.
The economic literature has paid scarce attention to the tens of millions of people who are displaced by conflict or forcibly relocated. This column analyses outcomes for 12 million Germans relocated from central and eastern Europe following the second world war. Labour-market outcomes were generally negative, but positive for women relocated from rural areas. Interestingly, children of migrants made greater educational investments than their native counterparts.
The lifting of transitional access restrictions for Romanian and Bulgarian workers is a hotly debated topic in the EU with big implications for public finances in destination countries. This column presents analysis of immigrants in Sweden, which never imposed access restrictions when these two countries joined the EU. Romanian and Bulgarian migrants to Sweden under this unrestricted regime make a sizeable positive contribution to Swedish public finances. Contributions can be expected to be even larger in the UK and Ireland.
Other Recent Articles:
- A minimalist approach to fiscal oversight
- What drives protests in Ukraine?
- Wage moderation in Spain
- The sustainability factor in Spanish pensions
- Productivity in Italy: The great unlearning
- Macro imbalances and culture
- Iceland’s capital controls
- Debt implications of Scottish independence
- Massacre memories: German car sales and the EZ Crisis in Greece
- Real estate-driven exports
- Export-market exit during the crisis: Evidence from the UK
- Credit rating agencies and the Eurozone Crisis: What is the value of sovereign ratings?
- A new age of uncertainty? Measuring its effect on the UK economy
- Accounting for the ethnic unemployment gap in France and the US
- How to limit the ECB’s OMT?
- Short-time work: Does it save jobs?
- Redistribution policies at the root of the Eurozone Crisis
- When good intentions go wrong: Effects of bank deregulation and governance on risk taking
- Spillovers: Why macro-fiscal policy should be coordinated in economic unions
- The roots of the Italian stagnation
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- The ECB’s stealth bailoutSinn
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
DellaVigna, Durante, Knight, La Ferrara
Ostry, Berg, Tsangarides
Allen, Eichengreen, Evans
Greenwood, Guner, Kocharakov, Santos