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Creating a Mandate for EU Policy Reform
How can broad public support for policy reforms and gridlock be overcome? The main mechanism for achieving this in political systems across the democratic world is open competition for the main executive office: the President of the Commission, in th...
Generative AI and the rediscovery of the legitimate interest clause
The proliferation of advanced generative AI models has unequivocally highlighted what was already foreseeable since the advent of the algorithmic era. The traditional notion of "consent" is no longer a viable proposition in the context of an alg...
The "national security argument" for new US protectionism
American protectionism has been reinvented in the name of “national security”. Yet, the belief that a country can achieve its own “nationally security” unilaterally is debatable.
Policy Brief n.3 - Monetary Policy and Supply Shocks: The Role of Inflation Expectations
In the discussion on monetary policy in the presence of supply shocks, we focus on the Euro area to understand the recent wave of inflation.
Term Premia for the Euro Area and the Transmission Mechanism of Monetary Policy
Given the common monetary policy in Europe, term premia on bonds issued by different countries are an immediate gauge of the heterogeneity in the transmission mechanism of monetary policy in Europe and of the need for intervention to protect the Euro...
Unprecedented sanctions against Russia pose legal challenges to EU institutions
If Russia's invasion and assault on Ukraine can be unequivocally classified as aggression, then the response to this violation must also adhere to international legal standards.
Generative AI - A concise primer for non-experts
A concise introduction into the workings of large language models is presented. We start with an introduction to the attention mechanism, the core of the transformer architecture, which is then followed by a discussion of the steps needed to engineer...
Climate Diplomacy, the Path to COP28: a IEP@BU-ECFR-SDA Working Lunch
The climate diplomacy surrounding the COP28 summit has taken center stage in the inaugural session of the working lunch series organized by the Institute for European Policymaking in collaboration with the European Council on Foreign Relations and th...
The Meloni Government's Budgetary Policy
Our analysis indicates that the budgetary documents presented by the Italian government are based on excessively optimistic forecasts regarding GDP growth, the effectiveness of budgetary measures and the revenues connected to privatizations. As a res...
Perché all'Italia conviene approvare la riforma del Mes
Il dibattito sulla riforma del Meccanismo Europeo di Stabilità (MES) - che l’Italia rimane l’unico Paese UE a non avere ratificato - è tornato al centro del dibattito politico italiano. All’interno della maggioranza di governo sembrano coesistere due...