Europe adrift
Brexit is a symptom of the European Union’s internal disarray. In quick succession, the debt crisis, the Ukraine crisis and the migration crisis all challenged centralist visions of ever-deeper integration and soft-power expansion. The political mainstream’s abandonment of traditional values spurred a voter revolt toward populist movements. This turn inward comes as the rules-based order the EU embodies is coming apart globally.
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Swiss-EU trade talks: Sovereignty and competitiveness at stake
Switzerland’s government ended negotiations with the European Union on a comprehensive trade deal designed to update decades-old agreements. Doing so for Switzerland was a question of sovereignty – but it risks losing traction in the enormous, crucial EU market. The question now is if Switzerland can find a way to become more competitive without the EU, or will wait and try again.
Freedom and innovation are keys to Europe’s success
Unleashing free-market force and entrepreneurship is the only way forward for Europe. Instead of mimicking China’s central planning, the West needs to return to the values that initially made it powerful and prosperous: innovation, freedom and entrepreneurship. Only then will it revive its mismanaged economies and boost its global relevance
GIS Essay: A governance tip from the Republic of Venice
Politics have become increasingly dysfunctional in Western democracies. As public debate degenerates into warfare, citizens’ faith in the system wanes. Much of the blame is rightly put on the doorstep of political parties, but can they be fixed? The most enduring republic in Europe’s history offers surprising insight.
New Opportunities 2021: The ECB and bringing financial markets down to earth
The Covid-19 pandemic has capped a decade of economic crises that the European Central Bank has had to deal with. The bank’s tools to keep countries’ finances afloat and investors’ confidence solid have been unprecedented. Weaning them off low interest rates, financial injections and high debt will be its next ...
Italy’s Covid crisis plan: More government intervention
In the Covid-19 crisis, the Italian government sees an opportunity to address the country's long-standing economic ills. Its plan has been to renationalize businesses and use EU funds to boost spending. But as government involvement in the economy increases, foreign investment is being discouraged and private businesses crowded out.
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More Disruptions
Expanding state
A trend toward increased government influence in economies and personal life is curbing growth, and freedom, in many Western countries. The outsized role of government results in misplaced incentives, overregulation – which restrains markets and competition – and irresponsible budgetary ...
Middle East politics
The region, one of the cradles of civilization, is going through a turbulent period of historic realignment. Its powers are vying for political, military, economic and religious dominance with local players and outside actors. Armed conflicts, mainly civil wars, are ...
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