União Europeia
Effect of Battery Electric Vehicles on Greenhouse Gas Emissions in 29 European Union Countries
Abstract:
Effect of Battery Electric Vehicles on Greenhouse Gas Emissions in 29 European Union Countries explored the effect of battery electric vehicles (BEVs) on greenhouse gas emissions (GHGs) in a panel of twenty-nine countries from the European Union (EU) from 2010 to 2020. The method of moments quantile regression (MM-QR) was used, and the ordinary least squares with fixed effects (OLSfe) was used to verify the robustness of the results. The MM-QR support that in all three quantiles, economic growth causes a positive impact on GHGs. In the 50th and 75th quantiles, energy consumption causes a positive effect on GHGs. BEVs in the 25th, 50th, and 75th quantiles have a negative impact on GHGs. The OLSfe reveals that economic growth has a negative effect on GHGs, which contradicts the results from MM-QR. Energy consumption positively impacts GHGs. BEVs negatively impacts GHGs. Although the EU has supported a more sustainable transport system, accelerating the adoption of BEVs still requires effective political planning to achieve net-zero emissions. Thus, BEVs are an important technology to reduce GHGs to achieve the EU targets of decarbonising the energy sector. This research topic can open policy discussion between industry, government, and researchers, towards ensuring that BEVs provide a climate change mitigation pathway in the EU region.
Citação:
Fuinhas, J.A., Koengkan, M., Leitão, N.C., Nwani, C., Uzuner, G., Dehdar, F., Relva, S., Peyerl, D. (2021). Effect of Battery Electric Vehicles on Greenhouse Gas Emissions in 29 European Union Countries. Sustainability, 13 (24), 13611. https://doi.org/10.3390/su132413611
Navigating ontological (in)security in EU–Africa relations
Abstract:
When the first six members of the European Economic Community (EEC) took that initial step towards deeper integration that has culminated in what is now the European Union (EU), they also agreed “to associate with … the non-European countries and territories which have special relations with Belgium, France, Italy, the Netherlands and the United Kingdom”. Six decades on and several attempts to re-set EU-Africa relations, it is appropriate to take stock of the relationship especially in light of changes in both continents since 2000. This article draws on the idea of ontological security to understand the nature of changes and continuities in the EU’s engagement with Africa. It argues that EU-Africa relations that have relied on a coloniality of power have also been crucial to the EU’s ontological security. However, increasing African agency and new external actors like China in Africa are challenging this security. While challenges to the EU’s ontological security have been viewed as primarily internally constituted, external challenges within a specific context provides the opportunity to rethink what ontological security demands. Importantly, Navigating ontological (in)security in EU–Africa relations highlights why a partnership of equals is an urgent imperative for the future of EU-Africa relations, although it remains elusive.
Quotation:
Toni Haastrup, Niall Duggan & Luis Mah (2021) Navigating ontological (in)security in EU–Africa relations, Global Affairs, 7:4, 541-557, DOI: 10.1080/23340460.2021.1981144
The role of tourism, trade, renewable energy use and carbon dioxide emissions on economic growth: evidence of tourism-led growth hypothesis in EU-28
Abstract:
The Role of Tourism, Trade, Renewable Energy Use and Carbon Dioxide Emissions on Economic Growth: Evidence of Tourism-Led Growth Hypothesis in EU-28 examines the effects of renewable energy, trade, carbon dioxide emissions and international tourism on economic growth in EU-28, considering panel data for the period 1995–2014. The investigation finds the new determinants of economic growth. The empirical results find support from the panel fully modified least squares (FMOLS), panel dynamic least squares (DOLS) and fixed effects (FE) as estimation techniques. The econometric results are consistent with the existing literature. The variables considered in this study are cointegrated in the first difference, as suggested by the panel unit root test. The present study seeks to advance the knowledge of the growth determinants, paying attention to the effect that both the tourism and energy sector exerts on economic growth for EU-28 countries. The empirical results demonstrate that trade openness, tourism arrivals and renewable energy encourage economic growth. Therefore, according to the econometric results, renewable energy allows improving environmental quality. However, CO2 emissions are positively correlated with economic growth, showing that growth is directly correlated by climate change and greenhouse gas. The results also confirm the tourism-led growth hypothesis (TLGH) for the panel. Finally, the empirical results confirm that trade openness, energy use and international tourism contribute to enhance economic growth. Based on these findings, further insights and policy prescription are offered in the concluding section.
Quotation:
“Balsalobre-Lorente, D., Leitão, N.C. (2020): The Role of Tourism, Trade, Renewable Energy Use and Carbon Dioxide Emissions on Economic Growth: Evidence of Tourism-Led Growth Hypothesis in EU-28. Environmental Science and Pollution Research. Publisher: Springer International Publishing”
Coronacrise 2020: que crise?
Abstract:
The forecasts already published by national and international institutions on the impact of Covid-19 on economies confirm what had already been anticipated: deep falls in product and employment, fuelled by the joint reduction in consumption, investment and international trade, with consequent effects on deficits and public debt. Coronacrise 2020: que crise? discusses the economic crisis triggered by Covid-19, namely in its particularities and in the common elements with the economic crisis that preceded it. In particular, the elements of connection with the 2008-2009 crisis are discussed, with emphasis on the comparison between the responses that were given at that time and the responses that are currently being given, seeking to highlight the differences between the more active intervention of the European Central Bank and the hesitant and contradictory intervention of national and European institutions with responsibility for fiscal policy. We highlight the need for an economic recovery plan, with a European dimension and integrating national specificities, as well as the need for a change in attitude regarding the role of economic policy, that should favor a long-term expansionist perspective instead of the contractionary perspective which has conditioned European macroeconomic management in recent years.
Quotation:
Mendonça, A. (2020). “Coronacrise 2020: que crise?”. Lusíada. Economia & Empresa, nº 28 (2020), pp. 11-41. https://doi.org/10.34628/gp7b-es79
Europe at the crossroads of the COVID-19 crisis: integrated macroeconomic policy solutions for an asymmetric area
Abstract:
The economic crisis triggered by the COVID–19 pandemic once again raises doubts about the eurozone’s ability to deal with joint economic problems given its dissimilar dynamics and asymmetries. Europe at the crossroads of the COVID-19 crisis: integrated macroeconomic policy solutions for an asymmetric area contributes to a paradigm shift in the governance of the euro area towards a more comprehensive and integrated approach. Two dimensions of this paradigm are considered. First, the need for a change in the economic policy concerning the recovery, from a supply-push to a demand-pull orientation, supported on a fiscal and monetary policy mix, integrated within a comprehensive macroeconomic approach. Second, we examine the need for a shift in external relations towards a more global integration-oriented policy, with the euro area positioning itself as an alternative to the current polarization between the United States and China. Our conclusions point to: (i) giving priority to growth and employment; (ii) promoting long-term economic sustainability based on integrated macroeconomic policies, the reduction of income concentration, and the reconstitution of strong middle classes; (iii) reorientating international relations into a perspective of cooperation; (iv) reinforcing regulation and global governance; and (v) eliminating exceptional situations and ways to evade economic controls.
Quotation:
“Mendonça, A. and Vale, S. (forthcoming). “Europe at the crossroads of the COVID-19 crisis: integrated macroeconomic policy solutions for an asymmetric area”, (co-autoria com Vale, S.), in New challenges for Eurozone Governance: Are there joint solutions for common threats? (Edit. José Caetano, Isabel Vieira, and António Caleiro), London: Springer. ISBN-10:3030623718″
The Routledge Handbook of EU-Africa Relations
Abstract:
This handbook provides a comprehensive overview of the changing dynamics in the relationship between the African continent and the EU, provided by leading experts in the field. Structured into five parts, the book provides an incisive look at the past, present and potential futures of EU-Africa relations. The cutting-edge chapters cover themes like multilateralism, development assistance, institutions, gender equality and science and technology, among others. Thoroughly researched, this book provides original reflections from a diversity of conceptual and theoretical perspectives, from experts in Africa, Europe and beyond. The handbook thus offers rich and comprehensive analyses of contemporary global politics as manifested in Africa and Europe. This handbook will be an essential reference for scholars, students, researchers, policy makers and practitioners interested and working in a range of fields within the (sub)disciplines of African and EU studies, European politics and international studies. The Routledge Handbook of EU-Africa Relations, by Luís Mah (researcher for the Centre for African and Development Studies), Nial Duggan and Toni Haastrup is part of the mini-series Europe in the World Handbooks examining EU-regional relations and established by Professor Wei Shen.
Quotation:
Mah, Luís, Duggan, Nial & Haastrup, Toni (2021). The Routledge Handbook of EU-Africa Relations. Routledge. ISBN 9781315170916.
The Value of Information: The Impact of European Union Bank Stress Tests on Stock Markets
Abstract:
In The Value of Information: The Impact of European Union Banks Stress Tests on Stock Markets we tested whether the 2010, 2011 and 2014 European Union bank stress tests produced useful and real information to the market. Using an augmented capital asset pricing model, we analyzed the impact of the information disclosures on each stress test (announcement, methodology and results events) on the stock market returns and risk of banks. Our approach allows an integrated analysis, as a sample of 41 banks that participated in all three stress tests was used. The most significant event was the methodology disclosure, in terms of its impact on risk and returns. In contrast, the results events did not have much impact in the stock market when considering the entire sample of banks. On the other hand, after dividing the sample of banks into two groups (those that passed the 2014 European Union stress test vs. those that failed), we observed a significant reaction of the stock markets in both groups. These findings are consistent with the hypothesis that stress tests provide real and valuable information to the markets about the banking system. A significant part of that information is conveyed by announcement and methodology events
Quotation:
“Borges, M. R., Mendes, J. Z. and Pereira, A. (2019). “The Value of Information: The Impact of European Union Banks Stress Tests on Stock Markets”. International Advances in Economic Research, 25, 429-444. https://doi.org/10.1007/s11294-019-09760-5“
Perspective piece on “Transfers in an Aging European Union” by Fanny A. Kluge, Joshua R. Goldstein and Tobias C. Vogt
Abstract:
The growth in the longevity of Europe’s population is a consequence of developments in various fields, including medicine, nutrition and welfare policies, and reflects overall progress in well-being, human development and quality of life. However, as the continued improvement in life expectancy has been accompanied by a decline in fertility rates, which migration is not sufficient to compensate for, it has resulted in a growing ageing population, which raises critical societal challenges. Several articles presented in this journal explore the short and long-term effects of population ageing in the EU and in each of its member countries. The article written by Fanny Kluge, Joshua Goldstein and Tobias Vogt, Transfers in an ageing European Union, (hereafter “KGV”) contributes to understanding the effects of population ageing on the fiscal budgets of EU-28 countries and “its implications for potential transfer flows between EU countries”. The results of “KGV” open several avenues for further research. Elsa Fontainha comments on the work of Fanny A. Kluge, Joshua R. Goldstein and Tobias C. Vogt on population transfers in the European Union.
Quotation:
Fontainha, E. (2019). Perspective piece on “Transfers in an Ageing European Union” by Fanny A. Kluge, Joshua R. Goldstein and Tobias C. Vogt. Journal of the Economics of Ageing, 13, 55-55. https://doi.org/10.1016/j.jeoa.2018.10.006
A Caminho de uma Recaída da Economia Mundial? Ainda Algumas Notas sobre a Natureza da Crise Económica e Financeira de 2008-2009 e os seus Impactos na Economia Europeia
Abstract:
Based on the analysis of the latest data on the evolution of the world economy, the reasons that may underlie the persistence of the difficulties in recovering, in a sustained manner, the rates of growth, particularly in the euro zone, more than a decade after the outbreak of the crisis of 2008-2009, are discussed. The nature of this global economic crisis is discussed in A caminho de uma recaída da economia mundial? : Ainda algumas notas sobre a natureza mundial? : Ainda algumas notas sobre a natureza da crise económica e financeira de 2008-2009 e os seus impactos na economia europeia, its impacts at the European regional level, the emergence of what has been called an identity crisis of the European integration project, the inefficiency of the euro system as an adjustment mechanism, internal and external, and the role of unconventional monetary policy. The conclusion is that Europe needs to undertake a profound redefinition of its integration project, including the redesign of the euro system in light of the recent experience of unconventional monetary policy. In this process, it is considered that there is an important place for Portugal, as an Atlantic European country, whose identity was formed and consolidated in the process of constitution of the global economy.
Quotation:
Mendonça, António .2019. A caminho de uma recaída da economia mundial?: Ainda algumas notas sobre a natureza mundial?: Ainda algumas notas sobre a natureza da crise económica e financeira de 2008-2009 e os seus impactos na economia europeia”, Lusíada – Economia & Empresa, nº 26, p. 31-66
Brief Paper 1/2015: O Acesso à Água e ao Saneamento nos Países em Desenvolvimento: a União Europeia, as ONGDs e o caso de Bafatá na Guiné-Bissau
Abstract:
O acesso à água e ao saneamento nos países em desenvolvimento : a União Europeia, as ONGDs e o caso de Bafatá na Guiné-Bissau is born from the readaptation of the master’s thesis “Access to water and sanitation in developing countries: the European Union, NGDOs and the case of Bafatá in Guinea Bissau” carried out during 2014 and defended in November of the same year. The work is part of the theme of international cooperation with Developing Countries (DP) in the sector of water, sanitation and hygiene (WASH)3 and aims to investigate how good practices, agreed by international donors, for access to water and sanitation, influence the work of NGDOs operating in this sector. Thus, we sought to analyze how the European Union (EU), the most important donor in the WASH sector at an international level, has influenced the work in the WASH sector of the Portuguese NGDO – TESE – Associação para o Desenvolvimento. We tried to observe how TESE interprets the EU guidelines in the WASH sector, trying to understand if there is a blind adaptation to the guidelines in order to capture the funds, or if, on the contrary, there is a vision that guides the actions of TESE independently the availability of funding. In the first decade of the 2000s, the EU has strengthened its commitment to the WASH sector, funding numerous cooperation projects and actively contributing to the international political debate. Among the criteria that led to the choice of TESE, in addition to its geographical proximity and the opportunity to collaborate with the organization’s members, is the fact that it is one of the few NGDOs in Portugal committed to cooperation in the WASH sector in the Portuguese-speaking space. This, over the last decade, has established itself as a reference organization in the panorama of Portuguese NGDOs, being involved in several projects in the water and sanitation sector. Since its birth until today, there has been a substantial evolution of the organization, which now has a stable structure and well-defined objectives. Over time, TESE defined an intervention model specific to the organization. Among the projects carried out, one stands out, Bafatá Misti Iagu (BMI), co-financed by the EU in Bafatá, Guinea Bissau (GB). This will be the object of analysis as a case study. Between February and May 2014, the daily work of the TESE headquarters in Lisbon was monitored. Documents guiding EU cooperation and funding lines in the WASH sector were analyzed and compared with the results of the case study on Bafatá, writing the intervention context of the BMI project. from the analysis of documents of the projects carried out by TESE, from the evaluations of the projects and from the interviews carried out with current and previous members of the NGDO5. The comparison was mainly focused on: (1) the desired objectives, the target groups, the proposed actions and the approach promoted in the actions; (2) the approach to the key issues of access and management of water services. Here, we sought to compare the principles inherent to institutional and management issues (What is the resource management model that is promoted?), social and economic (What is the value attributed to water, in equity, in human rights, in gender equity? , in the quality of services promoted, and in questions of ownership, price, pricing of services?), and finally environmental, information, education, communication and technology6. This analysis resulted in a substantial approximation between the EU guidelines and the projects carried out by TESE. This result becomes more interesting considering that the line of financing with which TESE financed the BMI project in 2009 did not include specific guidelines on the water sector and the definition of objectives, expected results, activities and more in general. approach and is not subject to EC eligibility criteria in the WASH sector. Regarding the desired objectives, target groups, proposed actions and the approach promoted in the actions, there is a high correspondence of vision. TESE’s actions encompass both an infrastructural component (construction and rehabilitation of infrastructure, implementation of pollution prevention and water protection measures), and measures aimed at improving resource management in order to guarantee the durability of the intervention (awareness of the correct use of resources and education for hygiene, strengthening and management of institutions in the water sector). Among the measures shared by the EU and TESE aimed at resource management is the demand management, which, however, was not applied indiscriminately in the projects carried out by TESE, and each time there was a prior identification of the context and the your needs. The affinity of vision between EC and TESE remains constant, albeit with some difference, looking at the key access and management principles applied in the implementation of the BMI project (See Table A). This did not come about through the opening of a line of financing, but through the identification of the needs and opportunities for cooperation in Bafatá, in a perspective of complementarity and integration with other ongoing initiatives. The expected results were not defined to meet the eligibility conditions of the Call for Proposal -CfP-, but to have the best impact from the point of view of economic, human and environmental sustainability. The definition of these results derives from TESE’s own intervention pattern, which may change according to the context and requirements of the financing lines, but which in substance is not changed. Through the analysis of the projects carried out by TESE, it was possible to identify an intervention model of the organization. This model, the common thread between the projects, is an integral part of its cooperation strategy. Taking into account what has been observed, it can be said that TESE has a vision that guides its actions in the WASH sector, not limiting itself to applying ipsis verbis what is required in the EC CfPs. However, as we have seen, there is a good match between the objectives and good practices approved by the EC and the vision and work of TESE. Comparing the objectives, principles and proposed actions, it can be deduced that, taking as an example the application of the demand management principle, there is no implementation of internationally recognized good practices without a prior analysis of the intervention context.
Quotation:
Gentili, Davide (2015). “O acesso à água e ao saneamento nos países em desenvolvimento : a União Europeia, as ONGDs e o caso de Bafatá na Guiné-Bissau”. Instituto Superior de Economia e Gestão – CEsA Brief papers nº 1-2015.
