News Archive

The unfair distribution of responsibility for asylum seekers among EU member states under the “Dublin system” has long been a bone of contention in the Common European Asylum System. In April 2024, the EU Parliament approved the controversial migration and asylum package after lengthy negotiations. In particular, the rules for illegal immigrants were significantly tightened. The authors of this issue of EconPol Forum examine why the results of the EU's migration policy to date have been unsatisfactory and why Europe now needs a new, better coordinated policy.

Over the last decades, globalization has led to more integrated markets which fostered the transformation of economies around the world. How do domestic labor markets react to increased competition from abroad? A new Policy Brief examines the effect of an import shock on the Mexican labor market focusing particularly on gender differences.

To safeguard its future prosperity, Europe needs to tackle three principal challenges: harnessing the full power of the single market, enhancing innovation capabilities, and strengthening the capacity to defend itself. This Policy Brief summarizes the key findings from the 2024 EconPol Annual Conference and recent EconPol research, offering targeted recommendations for European trade, innovation, and defense policy.

In the last issue of our 2024 EconPol newsletter, CESifo President Clemens Fuest summarizes the highlights of the year in his season's greetings. We also look back at our annual conference on how to secure Europe's competitiveness and prosperity.

A new Policy Report evaluates the impact of the newly introduced Carbon Border Adjustment Mechanism (CBAM) on the EU’s 2030 emission reduction target and analyze different climate clubs with the EU at their core. Findings indicate that EU climate policies do not impose substantial costs, have a limited impact on global emissions, but generate substantial gains from avoided climate damages. The only modest global emission reduction is primarily due to the EU’s relatively small share in global emissions.