We revisit the euro’s promise of convergence through a new Divergence Monitor tracking business and financial cycle synchronization since the 1980s. Business cycles became more aligned after 1999, but financial…
Policy Paper Series
In recent years the issue of how much taxes corporations pay (and how much they should) has become extremely salient in Western countries. The attention to this issue has been…
The European Union has experienced an increase in asylum applications for several
years, with 2014 seeing 570,800 applications, an increase of 47% compared to 2013.
The year-to-year increase in applications will be even more pronounced in 2015.
Germany, Austria, Hungary, Sweden, the Netherlands and Finland alone expect 1.3
million applications in 2015 — a new high since the Balkan crisis of the 1990s.

