Brexit and the rise of Eurosceptic parties pose serious challenges to Europe – politically, but also and importantly so, economically. These come in addition to other economic policy challenges, including the reliance on the ECB’s highly accommodative monetary stance to ensure growth; the varying success of countries in tackling structural reforms and reducing public debt; and longer-term issues such as globalisation and ageing.
In its latest report, the German Council of Economic Experts (GCEE), an independent advisory body, dissects these challenges and frames a policy agenda that could serve as blueprint for the next German government. At the European level, the GCEE argues for strict subsidiarity in EU economic policymaking, a strengthening of Europe’s banking sector, and an insolvency rule for euro area sovereigns. It also rebuffs criticism on Germany’s fiscal restraint and makes the case for a less expansionary monetary stance.
This panel discussion with German and British experts will seek to discuss and offer a range of perspectives on this European economic policy agenda, and assess its importance in the run-up to – and anticipation of – British exit from the European Union.
The discussion is hosted by the UCL European Institute and the UCL Centre for Research and Analysis of Migration (CReAM) in cooperation with the German Council of Economic Experts. Participants include:
Christoph Schmidt, Chairman, German Council of Economic Experts
Ralph Luetticke, Lecturer in Economics, UCL
John Springford, Director of Research, Centre for European Reform
Uta Staiger, Executive Director, UCL European Institute (Chair)
In cooperation with: