📢 Coming on December 15... the 4️⃣th edition of @econforhealth.bsky.social #CigaretteTaxScorecard! The 🆕 Scorecard uses latest data from @who.int to assess #cigarette tax policies in 171 countries 🌐 Join us for the launch #webinar at 9am ET to hear from the authors 📽️ jh.zoom.us/j/9242517268...

👉 Explore the full results at geoii.eu and join our online launch event on 1 October, 14:00–15:30 CEST here: ➡️ wiiw.ac.at/how-big-is-t... 10/10

How connected is the 🇪🇺 to its neighbourhood – and how does it perform compared with 🇨🇳, 🇷🇺, and the 🇺🇸? Our new study and index with @bst-europe.bsky.social and ECIPE explain Europe’s economic and political ties with its neighbours. 1/10 🧵#Thread 🔗 geoii.eu

New study with @bst-europe.bsky.social & ECIPE: The 🇪🇺 is gaining influence in Eastern Europe, but losing ground to 🇨🇳 in North Africa and 🇹🇷. The 🇪🇺 should therefore strategically leverage its economic relations with its neighbourhood to remain competitive with 🇨🇳, 🇷🇺, 🇺🇸. wiiw.ac.at/the-eu-is-ga...

Hot off the press: Our new paper by @marioholzner.bsky.social et al.: Local politicians are the primary obstacle to high-speed rail projects in Europe, as shown by the case of the Brenner Base Tunnel in Germany and Austria. #EuropeanSilkRoad Download: ➡️ wiiw.ac.at/p-7397.html

📢Join us on 1 Oct 2025, 18:00 (CET) at the Vienna School of International Studiesfor the event: "Africa’s Impact on Europe’s Future" 🌍🇪🇺 Speakers: Wolfgang Pusztai, @ghainzl.bsky.social , @marioholzner.bsky.social Moderator: Dr. Werner Fasslabend #AIES #Africa #Europe #Geopolitics #Vienna

Tariff at the end of the tunnel Trump's tariffs hit EU exports with 15% duties. Trade drops, prices fall, and output shrinks slightly. EU likely sees balanced welfare effects, but tensions and uncertainty remain. See my latest trade war simulation 👇 wiiw.ac.at/tariff-at-th...

Australia meets Austria on 20 July 2025 at 11:00 @Musikverein 🦘🦘🦘 www.musikverein.at/konzert/?id=...

EU budget: Back to the future – From coal and steel to wind power and drones The EU needs to transform its budget into a fully-fledged fiscal policy instrument. A European Treasury should issue Eurobonds, financing strategic public goods. Pages 35-38: www.eca.europa.eu/ECAPublicati...

“Despite this lack of notoriety, Austria’s [EVG and IMS] are quietly critical for all advanced semiconductor manufacturing . . . , we find it humorous that Austria could single-handedly bring the semiconductor supply chain . . . to its knees.” www.ft.com/content/1c4f...

A pessimistic take on AI's effect on white collar labour markets in the short run... www.axios.com/2025/05/28/a...

One step closer to a Mar-a-Lago Accord... www.ft.com/content/b400...

As Canada is moving closer to the EU in terms of defence, why not think about a joint 🇨🇦🇪🇺 customs union? We have simulated the potential effects: www.fiw.ac.at/en/publicati...

The true "Liberation Day"

“Fifty years from now, you will want to be able to look in the mirror and know that you did what you thought was right, in every part of your life,” the Fed chair said. “At the end of the day, your integrity is all you have.” on.ft.com/3HoKfAV

The answer must be (customs) unity - check our latest @CentreFiw policy brief on a simulation of a customs union between 🇪🇺🇬🇧🇨🇦🇲🇽🇯🇵 fiw.ac.at/en/publication…

Join our 59th FIW lecture in Vienna on 22 May at 09:30, where Romana Vlahutin, @ho2604.bsky.social & yours truly, will discuss how the EU and its partners can respond to tariff threats, based on this policy brief: www.fiw.ac.at/en/publicati... Register here 👇👇👇 www.fiw.ac.at/en/event/59-...

You want to know more about @wiiw.ac.at ? Check out our 2024 online annual report - particularly the highlights section...

Proud to present our new website on our #annualreport2024. Interactive infographics with our key indicators on budget, personnel, projects, publications, media & PR provide an overview of our work. Check it out: ➡️ annual-report.wiiw.ac.at 🧵1/2

Don't miss today, 20 May, 16:00 CET @wiiw.ac.at: What can the rise of China, the decline of the US, and the legacy of Yugoslavia teach us about the future? Great event with Branko Milanovic and Anastas Vangeli. For more: ➡️https://shorturl.at/sunNR

Join our 59th FIW lecture in Vienna on 22 May at 09:30, where Romana Vlahutin, @ho2604.bsky.social & yours truly, will discuss how the EU and its partners can respond to tariff threats, based on this policy brief: www.fiw.ac.at/en/publicati... Register here 👇👇👇 www.fiw.ac.at/en/event/59-...

This year's #RECETFestival on "Migration & Transformation" is coming up. We are ready and excited to welcome you in our festival tent on June 3-June 5, 2025. Visit www.recet.at/festival to find out more about the Festival line-up.

What can the rise of China, the decline of the US, and the legacy of Yugoslavia teach us about the future? Join us for a great event with Branko Milanović and Anastas Vangeli in Vienna on 20 May 2025 at 16:00 @wiiw.ac.at Register here: 👇👇👇 wiiw.ac.at/futures-of-g...

Join us on 3 June @wiiw.ac.at Spring Seminar in cooperation with @wien.gv.at & @kdzaustria.bsky.social on "Growing Cities vs. Shrinking Countryside in Central Europe" with our distinguished keynote speakers CoR President Kata Tüttő & @rodriguez-pose.bsky.social Register 👇👇 wiiw.ac.at/spring-semin...

"consolidate the various stocks of debt already issued with the joint backing of EU member states. A single issuer and set of bonds could over time replace the jigsaw of national bonds, as well as cover all new ones" on.ft.com/3GGii7s

When will it finally become common sense, that deepening the EU's capital market means to offer joint Eurobonds for pan-European investment in large quantities...

What is "Durchhalteparole" in English?

Hot off the press: Our Spring Forecast for 23 countries in Eastern Europe 2025-2027. Region to remain on growth trajectory, despite Trump’s tariffs; trade war and uncertainty as major risks; 🇺🇦's economy in murky waters; 🇷🇺’s growth to pick up, thanks to Trump. 🧵#Thread 1/11

Austria' successful socioeconomic model is built on strong social partnership and a robust and effective welfare state (including social housing). Europe should learn from its own most successful models and deepen social partnership also at EU level.

"The world requires, in other words, a new global trade regime where countries agree to restrain their domestic imbalances and match domestic demand with domestic supply. Only then will states no longer be forced to absorb one another’s internal imbalances." www.foreignaffairs.com/world/global...

Disregarding Norway's oil & Luxembourg's (& Switzerland's) banking economy, Austria's differentiated, "normal" economy is leading by far in terms of disposable income of its "typical", median inhabitant - 1/4 more than in the EU - USP: a hyper-corporatist, federal welfare state.

All US assets are for sale - also in the housing market...

Nuclear involves more than double the cost of solar or wind energy generation... small reactors even substantially more...

"the iPhone maker would need at least three years and $30bn just to shift a tenth of its supply chain from Asia to the US." on.ft.com/4ihE7rb

It's the eggonomy, stupid

The ideal: "formation of a new customs union along the lines proposed by Keynes in 1944. To join, countries must recognise the external consequences of their policies and must take steps to keep domestic demand and domestic supply in overall balance." on.ft.com/3Eioa64

Someone is trading options well these days...

Crude oil is now down to 60$ ... once it reaches 40 (as during the first year of the pandemic), Russian budget spending for extraction will be higher than the revenue... a global recession could have the potential to stop the war in Ukraine...

History by the minute

I hope someone is collecting and contextualising these memes...

"Contemporary equivalents of the post-WWII settlement might include a Bretton Woods 2; more social spending; skills-based migration; and reducing the cost of vocational training and higher education. Hopefully it will not take World War III to get us there." www.nytimes.com/2025/04/05/o...

Economists in 10 years looking for an exogenous shock in their data

And how was it possible for the words "truth" and "social" to take on a whole new connotation?

I hope someone is checking up on those who have recently bought a lot of put options...

Survival of the Dealest

I would like to nominate someone for the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for various reasons...

On a more positive note: if this continues, the war in Ukraine might indeed be soon over...

Given all the fuzz, financial markets are surprisingly resilient 🤠 ... and also, why is the Euro appreciating given the likely inflation bout in the US and the potential increase in US interest rates? Any ideas?

Over night, I did some calculations on the latest edition of Trump's tariff announcements: