12

résultat(s)

Mot(s)
Type de publication
Domaine politique
Auteur
Mot-clé
Date

Central Bank Communication at Times of Non-Standard Monetary Policies

14-09-2018

Communication is an important monetary policy tool, as central banks can use it to manage the expectations of economic agents. Communication becomes even more important in times of non-standard monetary policies due to increased levels of uncertainty and the introduction of new policy tools. In this paper, we summarise the literature on central bank communication in times of non-standard monetary policies, with a particular focus on forward guidance. This document was provided by Policy Department ...

Communication is an important monetary policy tool, as central banks can use it to manage the expectations of economic agents. Communication becomes even more important in times of non-standard monetary policies due to increased levels of uncertainty and the introduction of new policy tools. In this paper, we summarise the literature on central bank communication in times of non-standard monetary policies, with a particular focus on forward guidance. This document was provided by Policy Department A at the request of the Economic and Monetary Affairs Committee.

Auteur externe

Lukasz JANIKOWSKI, Andrzej RZONCA

When Communication becomes the Policy

14-09-2018

Non-standard policy measures are intended to work via financial markets. Their effectiveness thus depends on how ECB communication affects the expectations of market participants far into the future. Communication has become as important as the details of the policy measures itself. The success of communication is often measured by short term market reactions, increasingly using advanced statistical techniques to interpret them. But this ‘policy making by the markets’ lacks a strong anchor because ...

Non-standard policy measures are intended to work via financial markets. Their effectiveness thus depends on how ECB communication affects the expectations of market participants far into the future. Communication has become as important as the details of the policy measures itself. The success of communication is often measured by short term market reactions, increasingly using advanced statistical techniques to interpret them. But this ‘policy making by the markets’ lacks a strong anchor because financial markets often anticipate policy and the assessments of investors change all the time, often independently of monetary policy actions. This document was provided by Policy Department A at the request of the Committee on Economic and Monetary Affairs.

Auteur externe

Daniel Gros

EU Humanitarian aid: Lessons identified and the way forward

29-01-2018

The new uncertain geopolitical context has had a far-reaching impact, including on European Union (EU) humanitarian aid. The EU has faced a rising number of terrorist attacks across Europe that has created an atmosphere of fear, while the United Kingdom (UK)'s decision to withdraw from the EU has challenged the European project as we know it. The EU institutions and its Member States, as well as international institutions have been challenged in their response to refugees seeking asylum, and to the ...

The new uncertain geopolitical context has had a far-reaching impact, including on European Union (EU) humanitarian aid. The EU has faced a rising number of terrorist attacks across Europe that has created an atmosphere of fear, while the United Kingdom (UK)'s decision to withdraw from the EU has challenged the European project as we know it. The EU institutions and its Member States, as well as international institutions have been challenged in their response to refugees seeking asylum, and to the humanitarian crises in the Mediterranean. Equally, the election of President Trump has ushered in a new era of United States (US) unilateralism, creating a gap on the global agenda. This briefing aims to provide an assessment of recent developments in the area of EU humanitarian aid and outline elements that would be pertinent to consider in policy-making when reflecting on how to move forward on the post-2020 architecture of the EU external financing instruments, which affect EU humanitarian aid, and the needs surrounding the new EU budget.

Permanent structured cooperation (PESCO): From notification to establishment

08-12-2017

On 13 November 2017, 23 EU Member States signed a joint notification addressed to the Council and the High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the European Commission (HR/VP) on their intention to participate in PESCO. The Council is now expected to formally establish PESCO, possibly before the end of the year.

On 13 November 2017, 23 EU Member States signed a joint notification addressed to the Council and the High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the European Commission (HR/VP) on their intention to participate in PESCO. The Council is now expected to formally establish PESCO, possibly before the end of the year.

Women in CSDP missions

06-12-2017

Promoting women’s participation in CSDP missions and operations is important to sustain EU’s credibility, to improve effectiveness, to promote equality at home and abroad, to increase the talent pool for personnel, and to make the best use of our financial resources. More needs to be done by both member states and the EU to fulfil promises to implement the United Nations Security Council Resolution 1325 on Women, Peace and Security. This report looks at three issues that contribute to more inclusion ...

Promoting women’s participation in CSDP missions and operations is important to sustain EU’s credibility, to improve effectiveness, to promote equality at home and abroad, to increase the talent pool for personnel, and to make the best use of our financial resources. More needs to be done by both member states and the EU to fulfil promises to implement the United Nations Security Council Resolution 1325 on Women, Peace and Security. This report looks at three issues that contribute to more inclusion and better effectiveness: First, the structures that promote equality in the security sector institutions within the EU; second, the effects of women’s participation in missions and operations; third, how CSDP structures and EU member states policies could be further adapted to create a working environment that is conducive to both men and women contributing their full potential to better solutions to security challenges. Political commitment and hands-on leadership by the EU and its Member States is key to more diversity and inclusivity in CSDP structures. A pro-active approach to recruitment and retention of female staff, adapted job-descriptions, comprehensive family policies, and employing an approach that values diversity and creates a positive work environment are all necessary in this regard.

Auteur externe

WIIS, Women in International Security Brussels, Belgium

Exchange of views with Mrs Elke König, Chair of the Single Resolution Board - ECON on 4 December 2017

01-12-2017

This briefing presents selected issues regarding the work of the Single Resolution Board (SRB) in advance of the exchange of views with Mrs Elke König, current Chair of the SRB, and proposed by the Commission for a renewed appointment in the same position, in ECON on 4 December 2017. The briefing covers thematically events since the last hearing, an update on SRB resolution decisions, a risk outlook for the Eurpean banking system, and summaries of external expert briefing papers on the issue of ...

This briefing presents selected issues regarding the work of the Single Resolution Board (SRB) in advance of the exchange of views with Mrs Elke König, current Chair of the SRB, and proposed by the Commission for a renewed appointment in the same position, in ECON on 4 December 2017. The briefing covers thematically events since the last hearing, an update on SRB resolution decisions, a risk outlook for the Eurpean banking system, and summaries of external expert briefing papers on the issue of “critical functions” in banking services.

EU security cooperation with Latin America: A priority requiring consolidation

23-11-2017

Although security cooperation is not yet a well-consolidated priority for the EU in its relations with Latin America, it has acquired increasing importance with the explicit inclusion of citizen security as a new priority area in the 2015 EU-CELAC action plan. The main current areas of EU security-related cooperation with the region are the fight against drugs; violence prevention; conflict resolution in Colombia, with an EU stake in its peace process; and the participation of some Latin American ...

Although security cooperation is not yet a well-consolidated priority for the EU in its relations with Latin America, it has acquired increasing importance with the explicit inclusion of citizen security as a new priority area in the 2015 EU-CELAC action plan. The main current areas of EU security-related cooperation with the region are the fight against drugs; violence prevention; conflict resolution in Colombia, with an EU stake in its peace process; and the participation of some Latin American countries in EU crisis-management operations in the framework of the EU's Common Security and Defence Policy. This is achieved through trans-regional, regional, sub-regional and bilateral programmes and projects, as well as through the conclusion of framework agreements with certain Latin American countries. The European Parliament is particularly involved in promoting security cooperation with the region, as evidenced by its support for a Euro-Latin American Charter for Peace and Security, in the framework of the Euro-Latin American Parliamentary Assembly, and the adoption of specific resolutions on the subject.

La Coopération Structurée Permanente: Perspectives nationales et état d’avancement

17-07-2017

Un an après le vote britannique sur le Brexit, les Etats membres de l’Union europeenne semblent sur le point de reveiller la ≪ belle au bois dormant ≫ de la defense europeenne: la cooperation structuree permanente, plus connue sous son acronyme anglais de PESCO. Ont-ils bien la meme comprehension de l’objectif qu’il s’agit d’atteindre et les voies et moyens pour y parvenir, ou sont-ils seulement animes par la volonte de ne pas rester a la peripherie d’une sorte d’eurogroupe de defense en train de ...

Un an après le vote britannique sur le Brexit, les Etats membres de l’Union europeenne semblent sur le point de reveiller la ≪ belle au bois dormant ≫ de la defense europeenne: la cooperation structuree permanente, plus connue sous son acronyme anglais de PESCO. Ont-ils bien la meme comprehension de l’objectif qu’il s’agit d’atteindre et les voies et moyens pour y parvenir, ou sont-ils seulement animes par la volonte de ne pas rester a la peripherie d’une sorte d’eurogroupe de defense en train de se constituer ? Quels sont, de facon precise, les principaux points d’accord et de desaccord entre les differents groupes qui se dessinent au sein du Conseil europeen ? Des debats ont-ils ete passes sous silence, volontairement ou involontairement, et si oui lesquels ? Enfin, quels sont les scenarios souhaitables pour les mois et les annees a venir ? Est-il encore temps de changer les choses ou bien les des ont-ils deja ete lances? La presente etude ambitionne de repondre a ces questions.

Auteur externe

Me. Frederic MAURO, M. Federico SANTOPINTO

Syrian crisis: Impact on Lebanon

30-03-2017

The crisis in Syria has had a significant impact on neighbouring countries over the past six years. Five million Syrians have fled to Turkey, Lebanon, Jordan, Iraq and Egypt, putting host countries and communities under great pressure. Moreover, violence has spilled over into some neighbouring countries, including Lebanon. The impact of the Syrian crisis on Lebanon has been immense. Since the outbreak of the crisis in 2011, up to 1.5 million displaced persons are believed to have crossed the border ...

The crisis in Syria has had a significant impact on neighbouring countries over the past six years. Five million Syrians have fled to Turkey, Lebanon, Jordan, Iraq and Egypt, putting host countries and communities under great pressure. Moreover, violence has spilled over into some neighbouring countries, including Lebanon. The impact of the Syrian crisis on Lebanon has been immense. Since the outbreak of the crisis in 2011, up to 1.5 million displaced persons are believed to have crossed the border into Lebanon, formerly home to around 4.5 million people. The population has grown by an unprecedented 30 % in under four years, making Lebanon the country with the highest per capita concentration of refugees worldwide. The situation in neighbouring Syria has exacerbated Lebanon's political instability, and led to political deadlock for the past three years. This, in turn, has made it impossible to tackle some urgent challenges arising from the refugee presence, and from underlying structural problems with the delivery of basic services to the Lebanese population. Moreover, there are concerns, particularly among Christians, Shias and Druze, that a large number of Syrian Sunni Muslims could upset the delicate sectarian balance in Lebanon's multi-confessional political system. In light of Lebanon's experience with up to 280 000 Palestine refugees, its population is united in its opposition to a lasting refugee presence in the country. The Lebanese government insists that the presence of refugees from Syria is 'temporary', despite the absence of reasonable prospects for their safe return to their homeland in the foreseeable future. The international community has stepped in to help countries in the region cope with the influx of large numbers of vulnerable people. Emphasis has shifted from traditional humanitarian aid to 'resilience building'. This implies creating the long-term conditions that will allow Syrians to build a future for themselves and their children in the region, including acquiring the skills and tools to re-build their own country once they are able to return. The EU is co-hosting an international conference on 'Supporting the future of Syria and the region' on 5 April 2017, which will assess where the international community stands collectively in helping the region cope with the crisis.

EU strategy in the Horn of Africa

07-12-2016

The Horn of Africa countries are plagued by violence and insecurity. A hub on the Red Sea trade and migration route, bordering the unstable areas of the Sahel and central Africa, the region is of strategic interest for the European Union. The EU has adopted an integrated framework to align various external policy programmes and instruments aimed at securing the region. However, strong antagonisms between the states concerned add to the difficulty of achieving a coordinated approach.

The Horn of Africa countries are plagued by violence and insecurity. A hub on the Red Sea trade and migration route, bordering the unstable areas of the Sahel and central Africa, the region is of strategic interest for the European Union. The EU has adopted an integrated framework to align various external policy programmes and instruments aimed at securing the region. However, strong antagonisms between the states concerned add to the difficulty of achieving a coordinated approach.

Partenaires

Restez connectés

email update imageSystème d'alertes email

Le système d'alertes email, qui envoie directement les dernières informations à votre adresse électronique, vous permet de suivre toutes les personnes et tous les événements liés au Parlement. Ceci inclut les dernières nouvelles des députés, les services d'information ou le Think Tank.

Le système est accessible partout sur le site du Parlement. Pour vous abonner et recevoir les notifications du Think Tank, il suffit de communiquer votre adresse email, de sélectionner le thème qui vous intéresse, d'indiquer la fréquence (quotidienne, hebdomadaire ou mensuelle) et de confirmer votre enregistrement en cliquant sur le lien envoyé par email.

RSS imageFlux RSS

Ne manquez aucune information ou mise à jour du site du Parlement européen grâce à notre flux RSS.

Veuillez cliquer sur le lien ci-dessous afin de configurer votre flux.