Early Parliamentary Elections in Macedonia: More of the same or new beginnings? CEPS Commentaries, 21 March 2014

There is no doubt that the prospect of EU accession has had a major impact in promoting much-needed reforms and building stable institutions in the countries of former Yugoslavia. Yet, as reflected in all the internationally recognised indicators, the goal of achieving effective democracy throughout the region remains very much a 'work in progress', especially in Macedonia. In this Commentary, Erwan Fouéré considers whether the main governing party in Macedonia will change its behaviour to enable the country to move forward.

Sharing the same vision – The cornerstone of a new industrial policy for Europe. EPC Discussion Paper, 20 March 2014

Claire Dhéret argues in this discussion paper that Member States should seize the opportunity offered by the 2014 March European Council to pave the way for an EU industrial policy providing the industry with what it needs most: an unambiguous and well-defined strategic plan for the decades to come. To this end, the author set the contours of three possible policy scenarios for the future of EU industrial policy in view to fostering a debate about what form a coherent strategic framework should take.

Why Schumpeter's Creative Destruction? Everything has changed, so it is the same: Towards "Mode 3". ACES Working Paper (Report) No. 5, 2007

Of what value is examining creative destruction and diffusion theories that Schumpeter introduced to the world? A variety of factors causes economic changes, but he argued that entrepreneurial innovation was central. Today, even those who create new products and processes hardly know who Schumpeter was, or what he did. It is difficult to believe that his contributions are not more popularly recognized today. Schumpeter's theories are as valuable and important within the contemporary environment as they were when he wrote about them over four score or seventy years ago.

Japan Again under Abe – Fresh Start or More of the (not so Great) Same? Bertelsmann Asia Policy Brief 2015/01, February 2015

After Japan’s snap Lower House elections called on December 14 by old – and now new – Prime Minister Shinzo Abe, it will hopefully be the former, but probably the latter. This is the very opposite of what Abe promised would happen after his two-year tenure, which included many missed opportunities to adopt badly needed economic reforms capable of leading the country back onto a path of sustainable economic growth. While the jury is still out on whether Abe will focus this time around on economic reforms as opposed to attempts to boost the country’s defense profile and get rid of Japan’s constitutionally prescribed pacifism, his (very) nationalist and at times revisionist political track record suggests that it could be the latter yet again.