If the question is economic growth, the answer is liberalization of the economy. An ever-growing amount of evidence piles up, that opening markets and allowing individual and firms to experiment new products is key to spur development, improve human prosperity, and protect the buying power of salaries. Yet EU member states still prevent markets from working […]
Will the Energy Union package become a tool to make energy more affordable, secure, and sustainable in Europe? Or will it kick off a new wave of regulation? Much will depend on the implementation—as is often the case. On Wednesday, February 25th, the EU Commission released a package of three communications that address, respectively, the […]
To paraphrase the famous beginning of Anna Karenina, all declining economies are alike; each growing economy flourishes in its own way. As the European Union strives to find ways to spur its economic growth, it should take seriously Leo Tolstoy’s lesson. Economic growth cannot come by decree, neither can it come by virtue of high, […]
