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The young are lonelier than the old: Surprises from a new study

By: EBR | Friday, October 12, 2018

Study after study has shown that loneliness is bad for our health

All in all, Mr. Erdogan should be very careful to put too much stock into his Russia connections. How quickly a presumed Turkey-Russia alliance can unravel was made plain in November 2015, when the two countries had a real fallout over the Turkish downing of a Russian fighter jet.

Driving Turkey into the arms of Russia?

By: EBR | Monday, October 8, 2018

The convergence of Russian-Turkish interests is likely only of a temporary nature

Wanted: A next generation of European suffragettes

By: EBR | Monday, September 24, 2018

We should all march to parliament not as lawbreakers, but because women should be law makers. A society that allows women no part in decision-making cannot flourish. Beyond the homes, what lives are we permitted?

How technology is leading us to new climate change solutions

By: EBR | Thursday, August 30, 2018

A fresh wave of technological innovation is deepening our understanding of tough environmental challenges — and also giving us new ways to solve them

The Greek Support and Restructuring Program: between intent and efficiency

By: EBR | Wednesday, August 29, 2018

To Jean-Claude Juncker, the President of the European Commission, one of the most well-seasoned and dedicated European politicians, we have to acknowledge at least his continued and practical support for Greece throughout this long-standing crisis

Innovation can transform the way we solve the world's water challenges

By: EBR | Monday, August 27, 2018

From an environmental and social impact perspective, this year has given the world much to worry about

Must Germany have yet one more top job in Europe?

By: EBR | Monday, August 27, 2018

A German as head of the European Commission? If this is unstoppable, leave the German man who is lined up for the post in Berlin. Instead, send a powerful German woman to Brussels

The words “transformation” and “change” are often used interchangeably. Moreover, “transformation”, once considered inspirational, is now viewed suspiciously – a codeword for technology, cost cutting and ending of careers. Conflating these two important concepts blurs what each one can do.

Aim for transformation, not change

By: EBR | Friday, August 10, 2018

Transformation creates attractive futures, while change mends the past.

The United Nations Sustainable Development Goals provide a snapshot of current thinking on poverty reduction. One of the goals focuses on improving schools, for example. Others call for better jobs and lower corruption. I want to argue for a solution that touches on all of these problems. Reducing poverty depends on helping poor people manage their money. Bank accounts are one of the best ways to do that.

How this one change can help people fight poverty

By: EBR | Friday, August 10, 2018

Nearly 800 million people globally live in extreme poverty, estimates the World Bank. Africa is home to more extremely poor people than all other regions combined. Most of the poor have low educational attainment and work in agriculture

In short order, Trump has shattered this most unique and successful alliance, questioned the value of NATO and disgraced its leaders. He is keen to tear Europe apart and subject it, along with his United States, to the whims of the West’s harshest enemy, Putin’s Russia.

Trump’s betrayal and the future of the EU

By: EBR | Friday, August 10, 2018

In the age of Trump, the EU must strive toward ending its psychological and emotional dependency on the U.S. and be prepared to act unilaterally and independently

The Portuguese striker was signed by the Italian giants in July at a cost of €112 million - the sixth most expensive transfer of all time. Ronaldo is considered one of the world’s most marketable athletes, and in the days following his move, the Turin club had reportedly sold €52m worth of club jerseys. Surely that enormous transfer fee would be paid back in no time?

What Cristiano Ronaldo tells us about the economics of football

By: EBR | Friday, August 10, 2018

The 2018 World Cup in Russia may seem like a distant memory, but with less than a month having passed since France lifted the trophy, football fans haven’t had to wait long before the European leagues start to return to action this week

One reason why plastic pollution seems to get more attention than other threats to the ocean is that the issue may have a technological “fix”. The Ocean Cleanup is the flagship tech solution to marine plastic and proposes using several 600-metre long barriers to float in the ocean current and catch plastic drifting in the surface waters of the gyres.

Is technology the secret to cleaning up the oceans?

By: EBR | Monday, August 6, 2018

Our oceans are threatened by three major challenges: climate change, overfishing and pollution

The even bigger political magic the Republicans have pulled off is to get their voters to support Putin at the very same time as Republican campaign managers try to scare off potential Democratic voters by talking about the Democrats’ turn to “socialism.”

America’s Fifth Column

By: EBR | Tuesday, July 31, 2018

If, in the B.T. (=Before Trump) era, anybody had ever posited that the Republican Party would turn out to be Moscow’s and Putin’s best ally, they would have been declared insane

Poland, the Baltic States, Bulgaria and Romania recorded an increase in income per capita in relation to the EU average, and this trend has been maintained. The rate of economic growth in these countries is – so far – higher than in Western Europe. However, there are questions: Will this convergence continue? And whether convergence works for everyone. This can be seen on the example of Poland, which will reach other EU countries, although at the same time regional inequalities increase. The disproportions between people also grow.

Can Poland catch up with the West on digitisation?

By: EBR | Tuesday, July 31, 2018

Acceleration of technological development provides huge opportunities for qualified employees. In an interview with EURACTIV Poland, Christian Bodewig from the World Bank Group explains how non-routine skills and competences not yet possessed by machines become increasingly relevant

As the UK government has slowly but surely lost its illusions about what it can achieve in negotiations with the EU, voters have changed their tune about Brexit. The percentage of voters in favor of Brexit now lags the percentage against Brexit by five points – down from a four-point lead in August 2016.

The sad irony of Brexit

By: EBR | Tuesday, July 31, 2018

Though UK voters have changed their tune on Brexit, there is little chance that it will be reversed

How good are we at detecting lies? The paper “Can Ordinary People Detect Deception After All?” by Leanne ten Brinke (UC Berkeley), Kathleen Vohs (University of Minnesota) and Dana Carney (UC Berkeley) noted that we are bad at it, at least on a conscious level. In fact, we tend to have a truth bias: We are likely to believe others are truthful more often than they actually are because there is a high social cost of spotting a liar, especially if our assessment turns out to be wrong.

The truth about lies in negotiations

By: EBR | Tuesday, July 31, 2018

It’s a complex game of “catch me if you can”

In Sweden, for example, the government has trialled allowing workers at a retirement home to work six hour days. Although the employees reported an improved quality of life, with less stress and more time to spend with their families, it was also an expensive experiment for the local council who had to hire extra workers to make up for the shortfall in hours.

Working fewer hours makes you more efficient. Here's the proof

By: EBR | Friday, July 27, 2018

Happy, committed and productive. That is how most companies would like their staff to be. But few companies would go so far as giving their workers one day off a week in order to achieve it

Digital innovations may have contributed to magnifying market rents in more concentrated markets, which partly explains the increasing income share of top income groups (specifically top executives and shareholders) – compared to the majority of workers who have seen their wages stagnate since 1980, particularly the bottom 50 percent.

How the digital economy has exacerbated inequality

By: EBR | Thursday, July 26, 2018

In today’s markets, firms and executives with even the tiniest competitive advantage grab all the spoils

I argue that the “singularity hypothesis”, that it’s all down to the iconic man or woman at the top, is a myth. The reality is that much of a CEO’s success or failure can be ascribed to context. Specifically, I outline six factors below that contribute to the CEO’s success or failure, based on my research into, and teaching of, top executives.

Six reasons CEOs fail

By: EBR | Thursday, July 26, 2018

Transformational leaders are the exception, not the rule

Greece’s current programme will end on 20 August 2018. The ESM will disburse a final €15 billion loan once all national procedures have been completed. This will allow Greece to leave the programme with a liquidity buffer of more than €24 billion in August. This liquidity buffer is sufficient to cover Greece’s financing needs for 22 months after the end of the programme.

ESM’s Regling: Greece is able to repay its debt

By: EBR | Tuesday, July 24, 2018

Greece is the only country that is still in an ESM programme. There are three reasons why it took Greece so long

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EU Actually

An as usual divided EU is looking for a more assertive China strategy

N. Peter KramerBy: N. Peter Kramer

In his weekly column, N. Peter Kramer writes about the laborious efforts of the EU member states to find a more assertive China strategy.

Europe

EU hails Hungary’s ’wind of change’ and unlocks €16.4bn for new PM Magyar

EU hails Hungary’s ’wind of change’ and unlocks €16.4bn for new PM Magyar

European Commission President Ursula von der Leyen has told Hungary’s new prime minister that billions of euros in EU funding are to be unlocked subject to his government pushing through a raft of "long-overdue reforms".

Business

Hotpot, bubble tea and sportswear: China’s new exports take on the world

Hotpot, bubble tea and sportswear: China’s new exports take on the world

Step into pretty much any shopping mall in Singapore and you’re likely to find queues snaking outside shops with catchy names and bright-coloured branding.

MARKET INDICES

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