EU

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New Republic: What Happened to Europe?

Author: Amartya Sen

Amartya Sen writes: "Europe has been extraordinarily important for the world, which has learned so much from it. It can remain globally important by setting its own house in order--economically, politically, and socially. The first step is to understand properly, with some clarity, the policy challenges that Europe faces today. A failure to do so will reverberate far beyond Europe's own borders."

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Vox: Weighing the Pros and Cons of Corporate Tax Reform in the EU

Authors: Leon Bettendorf, Michael Devereux, Simon Loretz, and Albert van der Horst

The European Commission has launched proposals to radically reform corporate income tax in the EU with a system known as the Common Consolidated Corporate Tax base. This column in Vox suggests that this reform would have significant effects on individual member states, but only small effects at the aggregate level in terms of employment, GDP and efficiency.

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Must Read Author: Mary Elise Sarotte

For all the success of German reunification, it left behind fateful seeds that sprouted into the current eurozone crisis. To overcome the current downturn, Europe should finish the job started two decades ago and retrofit the European Union with stronger political institutions, writes Mary Elise Sarotte in Foreign Affairs.

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FP: Couples Retreat

Author: Mira Kamdar

Mira Kamdar, a senior fellow at the World Policy Institute and an award-winning author, analyzes the rocky relationship between French President Nicolas Sarkozy and German Chancellor Angela Merkel.

See more in EU; Financial Crises; Germany; France

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FT: Why Greece Will Have to Leave the Eurozone

Author: Desmond Lachman

According to Desmond Lachman of the American Enterprise Institute, Greece is approaching the final stages of its currency arrangement. There is every prospect that within two to three years, after much official money is thrown its way, Greece's euro membership will end with a bang.

See more in Greece; Financial Crises; EU