General Director, European Trade Union Institute
@etui.bsky.social
Formerly www.imk-boeckler.de
EU economic governance, comparative political economy, European integration, socio-ecological transition, wage bargaining
Deutschland-Versteher
Vietnam ..
more
General Director, European Trade Union Institute
@etui.bsky.social
Formerly www.imk-boeckler.de
EU economic governance, comparative political economy, European integration, socio-ecological transition, wage bargaining
Deutschland-Versteher
Vietnam
If you missed Special Purpose Vehicles, securitisation, & lack of transparency about who ultimately carries the can 👆, I can help you: giftarticle.ft.com/giftarticle/...
SPVs are not inherently dangerous, and volumes are still small. But for tech giants to pay a premium to shift risk is 🚨!
Sound familiar?
AI does have an upside potential that real estate lacks, but if it is not realised soon, 😱 beckons
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Almost a third of US investment-grade corporate bond issuance, which is close to record levels, is to finance AI buildout.
If (when?) the AI bubble bursts or deflates, not only will real investment contract sharply. Bond defaults will increase. And the value
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Reposted by Andrew Watt
💻 The ETUI is looking for a Database Administrator to play a central role in the Institute's #data-driven activities.
🌐 The successful candidate will be responsible for managing, securing, and optimising core data assets.
Apply here 🔗 etui.org/4Z5
@andrewwatteu.bsky.social
Reposted by Matthias Schnetzer
We have 3 openings with application deadlines in January:
Database administrator
Managing editor of our Journal TRANSFER
Administrative assistant
Details: www.etui.org/about-etui/t...
Reposted by Andrew Watt, Meri Koivusalo
5/5
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Europe must revamp its economic governance to invest massively in public goods, increasing its competitiveness, resilience and sustainability, incl. shouldering more of its defence burden.
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China must increase consumption of its own and overseas production by some combination of higher wages, improved social welfare...
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President Macron might not be great at French politics, but he is right about the need for a cooperative rebalancing of the global economy. And for the EU to take measures if the US & China don't play ball.
The steps the 3 blocks need to take are rather clear.
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Europe's economy has long been hobbled less by red tape than by a mindset that sought competitiveness through wage moderation and internal devaluation, constraining domestic demand.
But China is outdoing it while the US refuses to be the consumer of last resort.
Admirably concise and clear-sighted, @erikfossingnielsen.bsky.social on 2025 and the prospects for a better 2026ff
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This analysis of the US National Security Strategy by Laszlo Andor
substack.com/@laszloandor...
It closes with "Trump is neither a hawk nor a dove but a vulture."
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But the EU suffers if, due to Brexit, it sources goods from overseas at higher cost or - the main concern now - from places that can prove unreliable.
Also, makes it harder for EU to export to UK.
Via John Auther's newsletter, originally from Absolute Strategy Research.
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But the trade distortion is also not good for the EU. Especially when the geopolitical/economic situation is so....complicated.
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Something sure is unrecognisable here, but it’s not Europe.
www.whitehouse.gov/wp-content/u...
It is officially pursuing key interests that are diametrically opposed to European interests & values.
For at least as long as the Trump administration wields power the US is not an EU ally.
Something sure is unrecognisable here, but it’s not Europe.
www.whitehouse.gov/wp-content/u...
Reposted by Steve Peers
The important ramifications of the European Court of Justice Ruling on the Adequate Minimum Wage Directive are analysed by two colleagues @etui.bsky.social in this double-barreled blog:
Part I: ohrh.law.ox.ac.uk/the-cjeu-rul...
Part II: ohrh.law.ox.ac.uk/the-cjeu-rul...
Reposted by Francesco Saraceno
In difficult, worrying, often depressing times, @pkrugman.bsky.social (and Robin Wells) is an inspiration. To all who (still) believe in the value of respect for facts, analytical rigour, open debate, public spiritedness, hard work (and a sense of humour).
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We will not be able to introduce meaningful taxation of large fortunes, even if it is in the interest of the vast majority of voters, unless there is international cooperation. The risk of the tax base walking away is otherwise too great, and voters know this.
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on.ft.com/3KhkEMo
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Allow us to make profits with petrol and diesel engines beyond 2035 (nine years hence!) because we need funds so that we can invest in battery-vehicle technology. Which we will do. Promise!
It is the precisely the ban that creates the incentive to invest in BEVs.
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Reposted by Andrew Watt
OSH in the age of artificial intelligence 💻 📱 🤖
Recommended commentary on the importance of the European Court of Justice ruling on the Minimum Wage Directive by Torsten Müller @etui.bsky.social and @thorsten-schulten.bsky.social
www.socialeurope.eu/after-landma...