regulation

November 1, 2016

Living on Credit

November 30 marks Credit Day across the European Union. Credit Day is the day when member states’ central administrations exhaust their annual tax revenues and have to begin borrowing in order to meet their spending commitments for the rest of the year.
October 1, 2016

Innovation in Regulatory Approaches

An important part of the digital platform revolution is the sharing economy, which is based on reductions in transaction costs which enable exchanges that were previously not possible. Sharing economy firms facilitate a more efficient use of assets, to the benefit of both asset owners and prospective users.
October 1, 2016

Innovation in Food Labelling

According the European Commission, a Geographical Indication (GI) is “a distinctive sign used to identify a product as originating in the territory of a particular country, region or locality where its quality, reputation or other characteristic is linked to its geographical origin.” Under the system of GIs, the European Union has protected over 3,300 food and wine names with, as of 2010, an estimated value of €54.3 billion.
October 1, 2016

Innovation in Harm Reduction

Scientific research has made important breakthroughs in harm reduction in recent years. In the field of alcohol consumption, safer and healthier options are being developed, whereas in the area of nicotine delivery, e-cigarettes have been shown to significantly mitigate adverse health effects associated with smoking.
October 1, 2016

Innovation in Agriculture

Population growth, natural resource scarcity and climate change will challenge agriculture to deliver food security in the coming decades. Innovative practices to address these challenges exist, they are hampered by complex legislation and perverse incentives.
September 1, 2016

Beware the Commission’s Rotten Apple Ruling

The European Commission has ordered Ireland to recover €13bn worth of allegedly unpaid taxes from Apple. Reception of the decision has been mixed, with some hailing the ruling as an indictment of Ireland’s low-tax policy, whilst others have condemned the move as a badly concealed attempt by the EU to obtain tax powers by stealth.
August 1, 2016

The EU and Economic Freedom: a Complicated Relationship

The European Union is all things to all people. To proponents on the right, it is a force for international cooperation, trade promotion and economic growth. To those on the left, it serves to enhance labour and environmental standards, to hold corporations to account, and to tackle problems which reach beyond national boundaries.
July 1, 2016

Corporation Tax Reform: Theory, Evidence and Avoidance

There are efforts at national, EU and international levels to put forward significant reforms to the corporate tax system. The 20th century model of profits taxation is no longer fit for purpose in a globalised world where highly mobile intangible and financial capital is gaining in importance.