Views: 34The EU institutions approved the so-called Joint Action Plan, JAP to enhance the role of cities and regions in the European-wide research and innovation, R&I. Under the plan, the Commission and Committee of the Regions, Cor would collaborate in reinforcing the regional dimension of the EU-wide R&Is. The JAP will aim to support the […]
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
Digital technology perspectives: AIs roles in economics and decision-making
Views: 46The AIs are reshaping and revolutionising political economy’s patterns by driving efficiency, innovative decision-making, as well as facilitating new business models in growth sectors and industries. There are already apparent positive shifts in AIs deployment through such technologies as the Internet of Things (IoT), machine learning and big data analytics. Besides, new and exciting […]
Globalisation and European integration: facing realities
Views: 55Globalisation process is a complicated issue: there are those who benefit from globalization and those who face its direct costs. Fraying social safety nets in wealthy countries, not to mention technological advances that allowed manufacturing firms to reduce their labor forces, added to workers’ woes. If managed effectively, the “new globalization” can still live […]
Economic aspects in the EU’s approach to modern energy crisis
Views: 38The Commission is discussing presently a proposal rendering additional public support for the economic development in the member states. Since the beginning of the military conflict in the Middle East (already about two months ago), the EU-wide bill for fossil fuel’s imports has reached €22 billion. The disruptions to energy supplies will persist for […]
Facilitating European strategic technologies: four priority sectoral development
Views: 63The EU-wide Strategic Technologies Platform, STEP has celebrated its second anniversary with the record achievements for the development and manufacturing of critical technologies. Since its inception in March 2024, STEP managed to mobilise about €29 billion of funding across the EU-wide financial programs to support technologies in four priority sectors and associated skills: a) […]
European nuclear energy option: the case of France
Views: 46The European Commission has opened an in-depth investigation to assess whether public support that France plans to grant for the construction and operation of six new nuclear reactors is in line with EU State aid rules. Under the EU Treaties, the member states are free to determine their energy mix; hence, France has chosen […]
Governing digital superintelligence: world-wide Open AI’s call for discussion
Views: 86Recently Open AI’s initiated global discussion about “governing advanced AIs” transition includes two main ideas: a) creating a digital economy with broad access, participation and shared prosperity; and b) building a resilient society through accountability, alignment and management of “frontier risks”. The idea of “keeping people at the center of the transition to superintelligence” […]
Funding the EU-27 socio-economic development: main borrowing policy instruments
Views: 48The financial assistance to the member states from the EU institutions is, generally, organised under a single funding method that enhances the use of EU-wide budget, the liquidity of Union’ bonds and the attractiveness and cost-effectiveness of the EU issuance’s facilities. The European Commission has been placing its borrowing on capital markets using a […]
Reforming European customs union
Views: 107Most ambitious and comprehensive EU Customs Union’s reform took place last time in summer 2023; it included such spheres as increasing trade volumes, especially in e-commerce, reducing fast-growing number of EU standards at the borders, and mitigating geopolitical realities and crises. However, the needs are still numerous: simplification of customs processes for business and […]
European financial support for Latvian recovery and resilience
Views: 55Latvia’s fourth supporting request for €371 million under the EU Recovery and Resilience Facility (RRF) plan has been agreed by the Commission with the previously settled recovery-resilience’s 24 milestones and 17 targets. Latvian reforms and investments (tied to the payment request) are expected to drive positive change for the citizens and businesses in the […]