Documents Jacques Delors Institut 22 results

"The debate about the future of the European Stability Mechanism (ESM) has taken a centre stage in the discussion about the future of economic and monetary union (EMU). This is partly due to the possible departure of the IMF from European programmes and to the idea to make the ESM a permanent backstop for banking union. But this is also because changing the ESM treaty is seen by many as a quick-fix alternative to a proper overhaul of EMU architecture that would include EU Treaty change.
Here, the cart is put often before the horse: Discussions on the precise vehicle of a reform (in this case the ESM) take priority over properly assessing the need of a tool itself. The question how to reform the ESM is not the most fundamental one facing EMU today; but ESM reform can nevertheless contribute to making EMU more stable.
This paper argues that the discussion on ESM reform in fact subsumes four separate policy debates. These debates are only loosely linked functionally, but are often being connected politically. The paper gives an overview and assessment of the most important proposals in each of these four debates."

"The ongoing digital transformation poses enormous challenges to current tax law. This is, because value creation through intangibles raises problems to two core paradigms of international tax rules: where to tax and what to tax. In order to solve these problems, the European Commission published two proposals, a so-called interim tax and a comprehensive solution. In this blogpost, Pola Schneemelcher assesses the proposals and makes the case that they do not sufficiently address the crucial question of how to value data."

"The rapid rise of online platforms has characterized the digital transformation of the last decade. Their meteoric growth has caused concerns about market dominance and the widening information and power asymmetry between platforms and citizens, businesses and regulators alike. How should the EU react to these challenges? In this paper, Paul-Jasper Dittrich provides an overview of existing regulation of online platforms in the Single Market, examines current regulatory challenges for the EU and proposes policy recommendations for the future European debate on platform Regulation."

"Nachdem die Einführung einer Digitalsteuer auf europäischer Ebene gescheitert ist, haben einige Mitgliedstaaten nun eigene Maßnahmen angekündigt. In diesem Policy Brief gibt Pola Schneemelcher einen Überblick über die aktuellen Entwicklungen. Grundsätzlich sind sich die Mitgliedstaaten einig, dass es eine Lösung für die Besteuerung digitaler Geschäftsmodelle braucht. Durch fehlenden Konsens darüber, wie diese Lösung aussehen soll, droht jedoch eine regulatorische Fragmentierung im Binnenmarkt. Die EU muss hier mit einer Stimme sprechen."