News Archive

The new Policy Report analyses the role of social policies in different European welfare states regarding minimum income protection and active inclusion. It finds consistent differences in terms of crisis resilience across countries and welfare state types. In general, Nordic and Continental European welfare states with strong upstream systems and minimum income support (MIS) show better outcomes in core socio-economic outcomes such as poverty and exclusion risks. However, labour market integration shows some dualisms in Continental Europe.

The latest issue of the EconPol Newsletter has just been published. Included are a series of new Expert Opinions, two new Policy Briefs on excess profits taxes and the costs of European disintegration. Finally, it features thenew issue of the EconPol Forum, which discusses the question of how to reconstruct Ukraine.

The war in Ukraine is not over yet. Nevertheless, a possible roadmap and proposals for post-war reconstruction strategies are currently being discussed. They should be accompanied by economic and political reforms in the country. To finance this project, Ukraine will need to tap a variety of sources and institutions. This is because it will require investments in the hundreds of billions ‒ perhaps even trillions ‒ of US dollars. The EU, the US and other Western countries have signaled their willingness to provide further financial support for postwar reconstruction.

In the new EconPol Forum Sebastian Blesse and André Diegmann analyze the effects of police infrastructure on crime occurrence. Attempts to cut back on police infrastructures in the area in favor of supposed efficiency gains can therefore be accompanied by considerable side effects – in the form of an increase in reported property crimes. Thus, the present results can inform policymakers and practitioners about possible unintended side effects of efficiency-oriented restructuring of administrative infrastructures.

Excess profit taxes (EPTs) emerge as an option to contribute to the extra needed revenues, avoiding a general increase in corporate tax rates, while having the prospect to serve as a gateway to converge toward a permanent efficient rent tax instead of the corporate income tax. General unilateral (temporary or permanent) EPTs would face the same international pressures from profit shifting and tax competition as the existing corporate income tax, calling for international coordination.