Views: 75The global shadow economy generates trillions in revenue each year, driven by criminal activity and other unreported transactions. In low income countries, shadow activity makes up a larger slice of GDP, standing at an estimated 42.4% share; the underground economy is valued at more than half of GDP in Sierra Leone, Niger, and Nepal. […]
Category: Political-economy
including the EU and the member states political economy’s analytical monitoring, as well as researching inherent connections between the political decision-making and their economic implementation
AI and research in social science: recent EU initiatives
Views: 39The European Union ministers are discussing artificial intelligence in science and mid-term evaluation of Horizon Europe at the EU Council meetings this May. Europe is stepping up its ambition to cement the position of a global leader in research: e.g. new calls worth over €1.25 billion in 2025 open doors for new talents. The […]
EU’s savings and investment union: assisting integration process
Views: 32In March 2025, the European Commission unveiled the politically and economically long-awaited Savings and Investments Union’ strategy, SIU. Generally, the SIU’s aims are numerous: e.g. to enhance citizens’ wealth, bolster economic competitiveness, as well as facilitating European socio-economic integration.
Recent additions on the EU economy, financial services and common currency
Views: 30At a recent Eurogroup meeting, Commissioner Dombrovskis informed about the outcomes of some international meetings, e.g. the IMF and G7, where the focus was on the international economic situation, the impact of US tariffs on the EU, etc. Besides, during the ECOFIN meeting, there were some vital outcomes important for the member states’ economy […]
Science achievements: European vision
Views: 44The President of the European Commission has recently delivered a speech at the conference “Choose Europe for Science” in Sorbonne University in Paris devoted to analyzing “complicated role of science in present world” when the basic investment aspects in fundamental, free and open research are questioned. The race for “scientific perfection” has not been […]
New trends in the EU’s energy supplies: getting rid of Russian resources
Views: 359The EU is preparing a legal and executive roadmap to complete exit of Russian energy sources by 2027. The Commission wants to stop all energy sources and adopt “a stepwise and gradual” roadmap this summer; though minimizing possible negative impact on some member states. The Commissioner for energy promises that the “unparalleled actions” in […]
“Refreshing ideas” for the European development and integration: the EPC’s practice
Views: 29Advancing research in complex EU-wide politico-economic issues is the ultimate goal of the European Policy Center, EPC. By providing fruitful recommendations to the member states’ long-term strategic priorities, the EPC is supposed to facilitate the so-called “fresh insights” into national perspectives in dealing with major modern challenges. However, the EPCs’ work could be more […]
New era of global trade conflicts: AI in navigating businesses and governments
Views: 306Both Europe and the world entered a new era of international commerce: as the result, many businesses would go bust while new companies and governance models emerge. Digital technologies are going to play a vital role in resolving this and other emerging crises facilitating rapid change’s adaptation in political economies and governance.
AI’s “continental plan”: Europe heads toward global digital leadership
Views: 75The European Union has just adopted this April the “AI Continent Action Plan” in view of positioning the Union as an AI global partner. The EU’s main leverage in this endeavor is through the legal and managerial means as presently, around 85% of all AI systems remain unregulated and not subject to any rules; […]
Tariff’s war: effects for the world and the EU
Views: 80Several issues appeared this spring with the US intentions to impose additional tariffs on imported goods from tens of countries around the world, including the EU-27. These tariffs were called coercion: i.e. the economic coercion occurs in situations where a third country attempts to pressure the EU and/or Union’s member states into making a […]