Matthias Busse
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View article: Some intergenerational arithmetic to control public debt in the EU
Some intergenerational arithmetic to control public debt in the EU Open
Long-term projections are the bedrock of any analysis looking at the sustainability of public finances. This paper computes the changes in economic growth in individual European Union countries needed for government debt-to-GDP ratios to s…
View article: The impact of black economic empowerment on the performance of listed firms in South Africa
The impact of black economic empowerment on the performance of listed firms in South Africa Open
View article: Some Intergenerational Arithmetic to Control Public Debt in the EU
Some Intergenerational Arithmetic to Control Public Debt in the EU Open
View article: Trade liberalisation and manufacturing employment in developing countries
Trade liberalisation and manufacturing employment in developing countries Open
The manufacturing sector has played an important role in the structural transformation process in the developing world by providing jobs and income opportunities. Using data from 131 developing countries from 1991 to 2020, we estimate the …
View article: Foreign Direct Investment and Exchange Rate Regimes
Foreign Direct Investment and Exchange Rate Regimes Open
The paper uses a comprehensive data set with bilateral direct investment flows and establishes the influence of the de-facto exchange rate regime for FDI flows. We find a strong and significant effect from fixed rates on bilateral FDI flow…
View article: Trade Liberalization, IMF Conditionality, and Policy Substitution in Developing Countries
Trade Liberalization, IMF Conditionality, and Policy Substitution in Developing Countries Open
Substantial tariff reductions and increased usage of non‐tariff measures (NTMs) have been key dynamics of global trade policy in recent decades. We use highly disaggregated data on applied most favored nation tariffs, NTMs, and trade to in…
View article: Is the road to hell paved with good intentions? An empirical analysis of budgetary follow-up in the EU
Is the road to hell paved with good intentions? An empirical analysis of budgetary follow-up in the EU Open
We study the one-year-ahead budgetary projections from the Stability and Convergence Programmes (SCPs) of EU Member States since the start of the Economic and Monetary Union (EMU) until the start of the coronavirus crisis. First, we consid…
View article: Trade Liberalisation and Manufacturing Employment in Developing Countries
Trade Liberalisation and Manufacturing Employment in Developing Countries Open
View article: The Impact of Black Economic Empowerment on the Performance of Listed Firms in South Africa
The Impact of Black Economic Empowerment on the Performance of Listed Firms in South Africa Open
View article: Is the Road to Hell Paved with Good Intentions? An Empirical Analysis of Budgetary Follow-Up in the EU
Is the Road to Hell Paved with Good Intentions? An Empirical Analysis of Budgetary Follow-Up in the EU Open
View article: Promoting Rwanda’s business environment: Impact of reforms and drivers of change
Promoting Rwanda’s business environment: Impact of reforms and drivers of change Open
Summary Motivation Despite its status as a low‐income country in an unfavourable location for economic conduct, and being overshadowed by the devastating genocide of 1994, Rwanda has been recognized for its efforts to improve its business …
View article: Trade Liberalization, IMF Conditionality and Policy Substitution in Developing Countries
Trade Liberalization, IMF Conditionality and Policy Substitution in Developing Countries Open
View article: Enforcement of Fiscal Rules: Lessons from the Fiscal Compact
Enforcement of Fiscal Rules: Lessons from the Fiscal Compact Open
View article: Promoting Rwanda’s Business Environment: Drivers of Change and Factuality of Reforms
Promoting Rwanda’s Business Environment: Drivers of Change and Factuality of Reforms Open
View article: Global Trends to 2035 - Economy and Society. November 2018
Global Trends to 2035 - Economy and Society. November 2018 Open
This study maps and analyses current and future global trends in the fields of economics and society, covering the period to 2035. \n \nDrawing on and complementing existing literature, it summarises and analyses the findings of relevant f…
View article: Structural transformation and its relevance for economic growth in Sub‐Saharan Africa
Structural transformation and its relevance for economic growth in Sub‐Saharan Africa Open
In this paper, we analyze the role of structural transformation in view of the remarkable growth performance of Sub‐Saharan African countries since the late 1990s. Our analysis covers 41 African countries over the period 1980 to 2014 and a…
View article: Posted Workers – For Some It Matters
Posted Workers – For Some It Matters Open
The European Council, Parliament and Commission are about to start trilogue negotiations over the revision of the posting of workers Directive (PWD) of 1996. The aim of the revision is to ensure, among others, the principle of equal pay fo…
View article: Has Brexit made the UK less attractive to high-skilled EU migrants? New evidence
Has Brexit made the UK less attractive to high-skilled EU migrants? New evidence Open
Several UK employers and business representatives have expressed concern that Brexit could damage the country's ability to attract skilled workers from the rest of the EU. Matthias Busse (left) and Mikkel Barslund (Centre for European Poli…
View article: Is EU talent being chased away from the UK by Brexit
Is EU talent being chased away from the UK by Brexit Open
Several UK employers and business representatives have expressed concern that the UK's exit from the European Union could damage the country's ability to attract skilled workers from the rest of the EU. Matthias Busse and Mikkel Barslund u…
View article: Integration of Refugees: Lessons from Bosnians in Five EU Countries
Integration of Refugees: Lessons from Bosnians in Five EU Countries Open
In this study, we reviewed the integration experience of Bosnian refugees displaced during the Bosnian war in the early 1990s. We compare reception conditions among the five Western European countries that played host to the majority of re…
View article: The integration of Bosnian refugees: an encouraging story that provides lessons for the current migration crisis
The integration of Bosnian refugees: an encouraging story that provides lessons for the current migration crisis Open
The migration crisis has posed a number of challenges for European countries, but what lessons can be learned from previous experiences with large scale migration? Mikkel Barslund, Matthias Busse, Karolien Lenaerts, Lars Ludolph and Vilde …
View article: Pathways towards Legal Migration into the EU: Reappraising concepts, trajectories and policies. CEPS Paperback, September 2017
Pathways towards Legal Migration into the EU: Reappraising concepts, trajectories and policies. CEPS Paperback, September 2017 Open
On 27 January 2017, the Justice and Home Affairs Section of CEPS and\nthe Directorate-General for Migration and Home Affairs (DG\nHOME) of the European Commission co-organised a policy\nworkshop in Brussels entitled “Reappraising the EU le…
View article: Structural transformation and its relevance for economic growth in Sub-Saharan Africa
Structural transformation and its relevance for economic growth in Sub-Saharan Africa Open
In this paper, we analyse the role of structural transformation in view of the remarkable growth performance of sub-Saharan African countries since the mid-1990s. Our analysis covers 41 African countries over the period 1980 to 2014 and ac…
View article: Structural Transformation and Its Relevance for Economic Growth in Sub-Saharan Africa
Structural Transformation and Its Relevance for Economic Growth in Sub-Saharan Africa Open
View article: Labour Mobility in the EU: Addressing challenges and ensuring ‘fair mobility’. CEPS Special Report No. 139, July 2016
Labour Mobility in the EU: Addressing challenges and ensuring ‘fair mobility’. CEPS Special Report No. 139, July 2016 Open
Labour mobility creates economic benefits for the EU at large and the mobile workforce. The same can be said for the special case of posted workers – a form of labour mobility that is crucial to the functioning of the internal market for s…
View article: China's Impact on Africa – The Role of Trade, FDI and Aid
China's Impact on Africa – The Role of Trade, FDI and Aid Open
Summary This paper investigates the impact of Chinese activities in sub‐Saharan African countries with respect to the growth performance of economies in that region. Using a Solow‐type growth model and panel data for the period 1991 to 201…
View article: Are Germans wasting their savings abroad? CEPS Commentary, 7 April 2016
Are Germans wasting their savings abroad? CEPS Commentary, 7 April 2016 Open
Germany is running a current account surplus of about 8% of GDP, which means that about one-third of all German savings (equal to 24% of GDP) has to be invested abroad every year. It has become by now almost a cliché that these huge excess…
View article: Bilateral Investment Treaties Do Work; Until They Don't
Bilateral Investment Treaties Do Work; Until They Don't Open
The recent boom of investor-state disputes filed under international investment agreements has fueled a controversial academic and policy debate. Despite its importance, there has been very little work to date on the impacts of compensatio…
View article: Labour Mobility in the EU: Addressing challenges and ensuring ‘fair mobility’
Labour Mobility in the EU: Addressing challenges and ensuring ‘fair mobility’ Open
Labour mobility creates economic benefits for the EU at large and the mobile workforce. The same can be said for the special case of posted workers – a form of labour mobility that is crucial to the functioning of the internal market for s…
View article: Will a European Unemployment Benefits Scheme Affect Labour Mobility?
Will a European Unemployment Benefits Scheme Affect Labour Mobility? Open