Publications

Our publications aim to provide in-depth information on issues that are at the forefront of the European agenda, including commentary, research, and policy recommendations.

LEAP produces policy briefs, working papers, five bullets and a monthly newsletter. All publications are available online.

Policy Briefs

C. Bastasin: Europe should not encourage the “China vs the US” bipolarity

Deglobalization does not forcedly mean less multilateralism. This is how Europe should think about the likely coming bip...

May, 10 2022

C. Bastasin: Post-war global supply chains – Europe must defend economic cooperation

The European Union is the most open trading area in the world. Changes in the flows of imports and exports have a more p...

April, 10 2022

C. Bastasin: How Italy was about to be excluded from the euro – A behind-the-scenes reconstruction of a historical event

Helmut Kohl’s request, even before saying goodbye, took me completely by surprise: “Tell me about your famil...

March, 29 2022

C. Bastasin: A critical assessment of German Rearmament

If it was not for the events in Ukraine, at any other time Germany’s rearmament, announced by surprise on February 27 ...

March, 14 2022

L. Bini Smaghi – La Riforma del Patto di Stabilità e Crescita: Ce n’è veramente bisogno?

Con la graduale uscita dall’emergenza pandemica e il consolidamento della ripresa economica si avvicina la fine del pe...

February, 24 2022

S. Micossi – Managing sovereign debts held by the ESCB: operational and legal constraints

Following the proposal by Avgouleas and Micossi (2021) and Micossi (2021), several authors (Amato and Saraceno 2022, Bag...

February, 23 2022

M. Messori – Italy’s national Recovery and Resilience Plan: Efficient use of resources and social well-being

The extraordinary funds made available by Next Generation-EU (NGEU), and – in particular – by its most impor...

February, 14 2022

C. De Vincenti – The “do no significant harm” principle: Two possible interpretations

With the European Commission’s recent draft document that includes, albeit under restrictive conditions, gas and ...

February, 2 2022

S. Micossi – Reform of the Stability Pact: First principles

 A crowded seminar held by the Astrid Foundation has launched in Italy the discussion on the future of the European...

January, 27 2022

Working Papers

P. Della Posta, R. Tamborini: The existential trilemma of the EMU in a fiscal target-zone model

The lesson we draw from the EMU crisis of the 2010s, and from the outbreak of the COVID-19 pandemic, is that the EMU, wh...

September, 8 2021

F. Bontadini, R. Evangelista, V. Meliciani, M. Savona: Patterns of integration in global value chains and the changing structure of employment in Europe

This paper aims at revisiting the empirical evidence on the recent trends of countries’ integration in global value ch...

September, 1 2021

J. Bonchi – Asset Price Bubbles and Monetary Policy: Revisiting the Nexus at the Zero Lower Bound

Asset price bubbles are a major source of macroeconomic instability, but can they play a different role in a low interes...

June, 18 2021

T. Asonuma, M. Chamon, A. Erce, A. Sasahara – Costs of Sovereign Defaults: Restructuring Strategies and Financial Intermediation

Sovereign debt restructurings are associated with declines in the growth of GDP, invest- ment, bank credit to the privat...

May, 31 2021

A. Wirkierman, T. Ciarli, M. Savona: A Taxonomy of European Innovation Clubs

The paper provides a novel, empirically grounded map of innovation ‘clubs’ in the EU, based on a unique analysis of ...

May, 18 2021

C.De Vincenti, P. Bonaretti: Mercato dei farmaci e governance regolatoria

L’attuale assetto di regolazione del mercato farmaceutico nel nostro Paese è segnato da due elementi costitutivi del...

May, 12 2021

C. Oldani, B. Giannini – Sustainability of public debt in Europe: the use of swaps

This study contributes to the literature on public debt sustainability and investigates whether European countries manag...

April, 28 2021

S. De Nardis, F. Parente: Technology, Task and wage-bill changes in the EU countries

Drawing on the methodological framework from Acemoglu and Restrepo (2019), this paper investigates the influence of tech...

March, 24 2021

R. Jakubeit: The Wirecard scandal and the role of BaFin

The objective of this paper is to derive policy lessons for capital markets supervision in the EU from the 2020 scandal ...

March, 22 2021

Europe: Facts & Docs

This section contains policy documents, meeting summaries and news that come directly from the EU institutions.

Capital markets union: Council adopts revised framework for European long-term investment funds – March 7, 2023

Read the press release...

March, 8 2023

Too early to declare victory against inflation – Interview with Christine Lagarde, President of the ECB, March 5, 2023

Read the interview...

March, 6 2023

Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 1-2 February 2023 (March 2, 2023)

Get all the info...

March, 2 2023

Bringing inflation back to target – Interview with Christine Lagarde, President of the ECB – February 27, 2023

Read the transcript...

February, 27 2023

NextGenerationEU: Two years on since its adoption, the Recovery and Resilience Facility continues to be a central driver of the EU’s green and digital transformation – February 22, 2023

Read the press release...

February, 22 2023

Interview with Christine Lagarde, President of the ECB – February 20, 2023

Watch the interview...

February, 20 2023

Winter 2023 Economic Forecast: EU economy set to avoid recession, but headwinds persist – February 13, 2023

Read the press release...

February, 13 2023

Opening remarks by President von der Leyen at the joint press conference with President Michel following the special meeting of the European Council of 9 February 2023

Read the statement...

February, 10 2023

The battle against inflation is not over yet – Interview with Luis de Guindos, Vice-President of the ECB – February 8, 2023

Read the interview...

February, 9 2023

Newsletter

LEAP sends out occasional newsletters containing fellowship opportunities, application calls, updates, and news.

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