How can the E.U. respond to the growing clamor for more citizen participation in its institutions? In a wide-ranging podcast, the Jean Monnet Professor in EU Law, Alberto Alemanno, proposes a permanent European Citizens Assembly to bring E.U. voters and their representatives closer together. The HEC professor also explores how lobbies can become a force for promoting social change. And he points out structural problems within the E.U. which are stymying the continent’s youth. Finally, Alemanno’s research with fellow academic Elie Sung pinpoints the oft-neglected impact of lobbies on judicial courts by interest groups– which are having devastating effects on societal issues like women’s and LBGTQI+ rights. Extracts.
Professor of Finance and Executive Director of the Société Générale Energy & Finance Chair at HEC Paris, Jean-Michel Gauthier spoke to us on March 3, one week after Russia invaded Ukraine. Jean-Michel is a veteran of the energy business. After a start in the oil and gas industry, he moved to the energy consulting for 16 years as a partner at Deloitte. In parallel, he joined HEC Paris’ finance department in 2006. The school campus is where we discuss the dramatic events developing in Ukraine. Jean-Michel focuses on a key factor behind the conflict: the question of energy. Not just the pipelines that bring Europe 40% of its natural gas and much of its oil – but also the knock-on effects on all energy sources that prop up our global economy. He helps us understand what role energy is playing in this ongoing conflict and where these upheavals could lead the entire planet.
HEC Paris Assistant Professor in Marketing, Klaus Miller, analyzes the February 3 Facebook/Meta stock market plunge. What exactly does it tell us about private data on internet and its links to the advertising world? We meet Klaus on February 8, the very day he and five co-researchers self-published “The Impact of the GDPR on the Online Advertising Market”. This book focuses on Europe’s GDPR and how it affects online publicity. In a wide-ranging discussion on personal data and the advertising industry, Klaus provides insights on ad blockers on news websites and their impact on our reading habits.
The September 26 federal elections in Germany have been earmarked as one of its most important in the past two decades. For a start, it signals the end of Angela Merkel’s tenure as Chancellor, after 16 years at the helm of Europe’s largest economy. To comment on this landmark vote, its uncertain outcome, and economic outlook, we turn to Armin Steinbach, HEC professor in law and economics. Steinbach is ideally placed to comment: prior to his September arrival at our business school, he spent over a decade as a government official and adviser in the Ministries of Finance and of Economic Affairs and Germany’s Parliament.
The forced landing of a Ryanair airplane and the subsequent arrest of two Belarusians on May 23 has sparked a major diplomatic crisis between EU and US authorities and the Minsk government. This has led to calls for across-the-board sanctions by both Europe and the United States. But just how effective are these measures? HEC Paris Professor Alberto Alemanno shares his analysis of the stand-off and its reflections on EU foreign policy.
No other emergency has led to the paralysis of the world economy. No other response to a disaster has led to the home confinement of more than half of the world's population. Professor Alemanno warns that COVID-19 may go down in history as yet another major disaster occurrence with no learnings attached. Yet, as new transboundary disasters – from bioterrorism to climate change – loom on the horizon, neither the world nor risk regulation, as a discipline and practice of government, can hardly afford to let another crisis go wasted. Learn more in this free webinar.
On March 18, the European Central Bank launched the Pandemic Emergency Purchase program, a 750-billion-euro aid to support the European economy hit by the Covid-19 health crisis. What does this extraordinary measure mean for the economic governance of the euro area? Analysis by Jean-Edouard Colliard, Associate Professor of Finance at HEC Paris.
In this interview, Gaetano Gaballo, Associate Professor of Economics at HEC Paris and formerly research economist at the European Central Bank (ECB), reminds the role of the ECB, explains its first move in response to the COVID-19 crisis and the markets reaction. Gaballo also shares his analysis on what are the likely challenges that the ECB, and the Eurozone in general, will face in a near future.
The propagation of the coronavirus Covid-19 and the consequent preventive measures and restrictions taken worldwide have had an impact on the global economy. In this interview, Tomasz Michalski, Associate Professor of Economics at HEC Paris, explains the effects of this recession and shares his insights on the policies just launched by France.
As the COVID-19 pandemic unfolds, we observe starkly divergent approaches being experimented across the European Union. In this interview, Alberto Alemanno, Jean Monnet Professor of European Union Law at HEC Paris, explains this lack of coordination between the governments and its consequences, and shares his insights on what could be improved in this diverse decision-making setting.
