Views: 63Digitalisation in financial markets around the world is rapidly growing. With the closer attention to two political economies and two biggest financial markets, i.e. that of the European Union and the United States of America, the comparative analysis sheds light to perspective trends in banking sector and digitalisation of financial services.
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
European capital markets union: investment perspectives
Views: 58Capital markets union (CMU) is becoming an EU-wide sub-union’s entity dealing with the financial market issues, as well as a most vital part of the European integration processes. The CMU is a complex structure which includes, e.g. banks, securities, insurance and pensions, as well as financial and non-financial corporations. Peoples’ savings grow in importance; […]
Basel III and the EU banking sector: strengthening financial stability and resilience
Views: 123The EU-27 member states will apply the Basel III standards from January 2025; in mid-2024, the EU institutions completed implementation phase of these standards into the member states’ legislation. The new rules represent a vital step in strengthening stability and resilience of the EU-wide banking sector. Besides, the Basel standards are aimed at facilitating […]
Rule of law in the European Union: new annual report
Views: 140The rule of law is crucial for both citizens and business in the EU: it is a precondition for the respect of other values and it guarantees that fundamental rights are upheld in line with a set of core democratic values; it ensures the application of EU law and supports an investment-friendly business environment. […]
Digital trade: assisting the EU-wide growth and digital transition
Views: 66Digital trade accounts for about a quarter of all international trade; it has been growing at a faster pace than traditional trade. The EU is the world’s leader in both exports and imports of digitally deliverable services, which amounted to €1.3 trillion in 2022, or over half of the EU’s total trade in services. […]
COP-29: continued fossil fuel consumption versus emission’s control
Views: 50Authorities in Azerbaijan – the country hosts this year’s global climate summit COP29 – suggest that continued fossil fuel extraction might be compatible with the global climate agreement. With four months to go until COP29 kicks off in Baku, the Azerbaijani presidency announced a flurry of initiatives, non-binding pledges and partnerships to be signed […]
Anatomy of digital finance in the European Union
Views: 68The EU-wide specific financial framework, i.e. the capital markets union, has been at the heart of the Commission’s ambition in boosting growth, supporting innovation and promoting European global competitiveness. The EU financial sector has the potential to multiply sustainable finance and become a global leader in this area. The sector is having also a […]
Altered European political economy: challenges and solutions
Views: 70European Union is a constantly moving and adapting “mechanism” for the continental integration. Recently, the EU leaders have abandoned, in part or in whole, the previous political-economy’s theories and principles they cherished for so long; hence the EU-27, as it seems, has set aside the geopolitical corporate competition. However, the leaders are trying to […]
Priorities in Europe and NATO: climate change and AI strategy
Views: 54Both the EU and NATO are exploring policies in managing modern challenges. Among most vital and new are the climate mitigation efforts and digital transition. In the EU these items have been already developing for some years, in NATO they are generally started two-three years ago. Somehow, there are certain similarities in approaches and […]
Household savings in the EU states: revised accounts
Views: 60EU’s institutions periodically revise the member states’ budget accounts and balance of payments in order to “harmonise” national finances. According to the EU’s recommendations, the member states are supposed to carry out a “benchmark revision” of their national accounts estimates in 2024.