Cedric M. Koch @ckcedric
Political economist of globalisation & democracy. I work on EU & international economic policy @FESonline. Prev: @WZB_Berlin @giz_gmbh @ckcedric.bsky.social Berlin, Germany Joined June 2013-
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Sharing a statement (EN/DE) signed with some wonderful fellow social scientists in or from Germany statementisraelgaza.wordpress.com We criticize Germany's stance on the Israel / Gaza conflict as being out of line with its own values 1/n
At the #tpw24 @aloinett will discuss concrete ideas and examples for a progressive trade and supply chain policy for the 21st century between Europe and key partner regions with Clair Siobhan Ruppert & @RazzaqueMA . 20.3. | 12 PM CET #livestream 💻 👉 fes.de/en/day-of-prog…
Policy makers are intervening more actively in the economy, e.g. to boost clean tech or reduce energy prices. But these 'vertical' interventions require a thorough understanding of the sector, which must be based on sufficient data and analytical capacities. The EU lacks both.🧵
The EU fiscal rules reform is sealed. The results are largely as expected. However, one important last-minute tweak to the rulebook is actually a significant improvement over the proposals that went into the negotiations. Short thread:
State aid 🇪🇺 Fresh data from DG COMP reveal that between March 2022 and June 2023 EU countries provided €140.8 billion to companies. Germany leading with 52% of the total, followed by Italy and Spain. The three account for 88% of the total.
The way China exports deflation is by exporting more goods and thus producers who don't match the lower China price lose market share. the RMB and weak domestic demand say "but China" -- creating a powerful force opposing "near shoring," "decoupling" and the like
German industrial production is in broad-based decline, currently down 15% compared to its peak six years ago. chart via @DanielKral1
It wasn't just the China shock. The NAFTA shock that predated it had similar effects on local employment and on the turn away from Democrats and support for the Republican party, especially among white men and social conservatives. Important paper forthcoming in AER.
It wasn't just the China shock. The NAFTA shock that predated it had similar effects on local employment and on the turn away from Democrats and support for the Republican party, especially among white men and social conservatives. Important paper forthcoming in AER.
Morgen wird in Brüssel über das EU-#Lieferkettengesetz (#CSDDD ) abgestimmt. Deutschland wird sich voraussichtlich enthalten. Damit könnte das Gesetzesvorhaben scheitern. Den Preis zahlen Beschäftigte weltweit. Ein 🧵. 1/7 @LieferkettenG
“We were expected to get an EU fund to strategically invest in clean tech after the IRA, and what we get, basically, is a website,” said Simone Tagliapietra, a senior fellow at the Bruegel economic think tank in Brussels. euractiv.com/section/energy…
Was viele befürchtet hatten, wird Realität: Obwohl es einen massiven Investitionsbedarf gibt, spart das BMDV nicht etwa bei der Straße, sondern bei der Schiene. Schon jetzt können Planungen für wichtige Projekte nicht mehr fortgesetzt werden. Deutschlandtakt und Klimaziele adé!
Bemerkenswert! Auch der @SVR_Wirtschaft spricht sich nun *einstimmig* (!) für eine Reform der #Schuldenbremse aus. Das unterstreicht den Handlungsbedarf. Meine Einordnung im 🧵: die 3 konkreten Vorschläge sind gut. Aber es gibt ökonomisch & politisch noch bessere Optionen. /1
Bemerkenswert! Auch der @SVR_Wirtschaft spricht sich nun *einstimmig* (!) für eine Reform der #Schuldenbremse aus. Das unterstreicht den Handlungsbedarf. Meine Einordnung im 🧵: die 3 konkreten Vorschläge sind gut. Aber es gibt ökonomisch & politisch noch bessere Optionen. /1
Einer der bewegenderen Momente im Job: Mein Interview mit @FESonline-Kollege Usama Antar aus Gaza im @IPGJournal: „Ob man am nächsten Tag noch lebt, ist reine Glückssache“. ipg-journal.de/interviews/art…
Let's talk about Auten and Splinter's work on US inequality 🧵 gabriel-zucman.eu/files/as-respo…
Bund verkauft Tafelsilber, obwohl er sich derzeit zu rund 2% langfristig verschulden kann. Der Staat (und damit wir alle) wird so ärmer und nicht reicher. Die Schuldenbremse zwingt zu ökonomischen Fehlentscheidungen - zu Lasten zukünftiger Generationen! spiegel.de/wirtschaft/unt…
Austerität ist kein Naturgesetz, sondern eine politische Entscheidung Folge 342, diesmal mit einem besonders absurden Beispiel. Das BMF räumt selbst ein, dass sich mit einer anderen Verbuchung der Zinskosten 17 Milliarden sparen ließen, schreibt @schieritz
The ruling on the "debt brake" by the German constitutional court has, among other things, sparked a renewed discussion about the political implications of austerity - a topic I began working on many years ago. What was a niche area has evolved into a thriving field... 1/n
NEW: There is a lot of confusion in the debate around profits and inflation. On the one hand, senior officials at the Federal Reserve and the European Central Bank stated that "profits have recently been a key contributor to total domestic inflation". (1/8)
Anstatt eine Neujustierung einzuleiten und die Finanzierung des sozial-ökologischen Umbaus in den Mittelpunkt der Reformagenda zu stellen, werden in der EU gerade alte Konzepte der Fiskalpolitik zementiert. Ein Beitrag von Dominika Biegon und Cédric Koch: makronom.de/reform-der-eu-…
Tarik Abou-Chadi @tabouchadi
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37K Followers 2K Following Co-Founder & Director, Global Public Policy Institute (GPPi), Berlin.Matthew Stephen @mapfelschorle
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49K Followers 1K Following Professor @LSEnews from 🇦🇱 in orderly transition to @leaypi.bsky.socialIsabella M. Weber @IsabellaMWeber
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425 Followers 2K Following he • him | @MCC_Berlin | @fiscalfuture_de | environmental, economic and fiscal policy | climate change = colonial continuityMonica DiLeo @monica_dileo
502 Followers 782 Following Post-doc @thehertieschool | political economy | central bank politicsSimone Tagliapietra @Tagliapietra_S
11K Followers 4K Following Senior fellow at @Bruegel_org. Professor at @SAISHopkins. Author of 'Global Energy Fundamentals' and 'Macroeconomics of Decarbonisation' at @CambridgeUP.OttO Fricke @Otto_Fricke
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16 Followers 152 FollowingMilena Horn @HornMilena
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2K Followers 1K Following Chefökonomin @oegb_at | Mitglied des Fiskalrats | Mitglied des Produktivitätsrats | vormals Oesterreichische Nationalbank und WUEU Economy & Finance @ecfin
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2K Followers 406 Following Chief Economist @OECD, G20/G7 Finance Deputy, Head @OECDeconomySebastian Sperling @Seb_Sperling
540 Followers 1K Following Social Democracy and some '-isms': Trade Union-, Femin-, International-, Multilateral-, Optim-. Director @FES_SouthAfrica.🇿🇦🇩🇪🇪🇺🏳️🌈🇺🇳(he/his)Alexander Hagelüken @Hagelueken
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3K Followers 2K Following History PhD, EU-Middle East, Human Rights. Adjunct Lecturer Black Sea and Eastern Mediterranean Studies (BSME), International Hellenic University Thessaloniki.masha gessen @mashagessen
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278 Followers 805 Following Climate, Energy & Environmental Policy // Retweets not endorsementsFelix Syrovatka @Felix_Ulric
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182 Followers 148 Following Ressortleiter Europapolitik der IG Metall Head of European Policy at IG Metall Beiträge entsprechen persönlicher Meinung. Views are my own.œconomicus @adewed00
778 Followers 208 Following The purpose of studying economics is not to acquire a set of ready-made answers, but to learn how to avoid being deceived by economists - Joan RobinsonSylvain Catherine @sc_cath
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912 Followers 327 Following Political scientist @Université libre de Bruxelles - ULB (Cevipol/Institut d'Etudes Européennes). Saxophonist in band Yanu. Member of Amnesty International.László Andor @LaszloAndorEU
18K Followers 200 Following @FEPS_Europe Secretary General, Corvinus @gazdpol, IMK @boeckler_de, ULB @IEE_Bruxelles, @thehertieschool, @SciencesPo, @EU_Commission (2010-4), @EBRD (2005-10)Georg Feigl @GeorgFeigl
2K Followers 2K Following Ökonom @arbeiterkammer mit hoffentlich nachvollziehbaren Fakten und privater Meinung, v.a. zu wohlstandsorientierter Wirtschaftspolitik, EU, Budget und SpanienInstitut Avant-garde @eco_avant_garde
1K Followers 578 Following Édifier une vision systémique | Apporter une expertise académique forte | Tisser des liens entre disciplines | S’appuyer sur le European Macro Policy NetworkClara @ClaraS_Ru
261 Followers 415 Following Studentin Sozioökonomie @unidue @PluralEcon @fiscalfuture_deCarolina OG @CarolinaOG4
126 Followers 202 Following working on intergenerational (climate) justice @fiscalfuture_de | SEEPy & @pluralecon alumna | private account / https://t.co/y67LqGkz6ZCharlotte Wiedemann @chawichawi
5K Followers 366 Following Writer. Love distant horizons, think about postcoloniality. Books: Mali; Iran; Long Fairwell to White Dominance; Holocaust & Global Memory. Pic: TogoMany of the in-built contradictions in the liberal international order were pointed out by critics early on. How was contestation made acceptable by people in power? My article draws on the sociology of knowledge to explore the 'normalization of deviance’ doi.org/10.1093/isagsq…
New research in Nature suggests climate damages will be $38 trillion per year by 2050: "damages already outweigh the mitigation costs required to limit global warming to 2 °C by sixfold over this near-term time frame and thereafter diverge strongly dependent on emission choices"
What kind of order and contestation dynamics emerge if the initial institutional bargain includes liberal, partially liberal, and nonliberal visions of order? In this new @GSQ_Journal article I examine this question in light of international security orgs academic.oup.com/isagsq/article…
Why do hegemons withdraw from the orders they created? Andreas Kruck, Bernhard Zangl & I argue in @GSQ_Journal that in cooptation-based orders hegemons face a trade-off between inclusion and control that drives their dissatisfaction over time: doi.org/10.1093/isagsq… #openaccess
In honor of my last day of teaching "Economic Inequality and Growth" at @UCBerkeley, some more graphs. I'll start with the famous elephant curve popularized by @BrankoMilan. Between 1980-2020, most global growth was captured by either the global bottom 50% or the top 1%.
Zur Erinnerung: Es war das starrsinnige Festhalten der FDP an der Schuldenbremse, das die Stabilisierung der Netzentgelte für Endverbraucher:innen in 2024 verhindert hat. Das der EE-Ausbau mittlerweile mit keinem Wort erwähnt wird, ist bezeichnend.
Sicher nicht zu früh, über die Option einer rot-grünen Minderheitsregierung, die gemeinsam mit der Union die Reform der Schuldenbremse und den Haushalt 2025 durchzieht, nachzudenken. table.media/berlin/news/cd…
Bezüglich der neuen Studie von @Lars_Feld et. al. ein kurzer Thread zu einem fundamentalen methodischen Problem, das die Ergebnisse mMn unbrauchbar macht. \1
Ich fasse das mal zusammen: Die Schuldenbremse – ist nachweislich keine Investitionsbremse – führt nachweislich zu mehr Wirtschaftswachstum – macht ganz nebenbei auch noch, was sie soll: Nämlich nachfolgende Generationen vor zu hohen Schulden und Zinsen schützen.
Vielleicht interessant für @schieritz @MartinGreive @JanDHildebrand @fiscalfuture_de @michael_huether @HogrefeJens @BachmannRudi @SBachTax @AchimTruger @SDullien
The third and final paper of our project on attitudes towards fiscal policy trade-offs is finally out in @jepp_journal. Check out the thread by my fantastic co-author @RetoBuergisser and read the paper which is #OpenAccess thanks to @ceu!
𝐃𝐨 𝐜𝐢𝐭𝐢𝐳𝐞𝐧𝐬 𝐰𝐚𝐧𝐭 𝐥𝐨𝐰𝐞𝐫 𝐭𝐚𝐱𝐞𝐬 𝐚𝐭 𝐚𝐥𝐥 𝐜𝐨𝐬𝐭𝐬? Using a survey experiment in 🇩🇪🇪🇸🇬🇧🇮🇹, @bjoern_bremer and I study attitudes towards taxation in a new @jepp_journal article. #OpenAccess Paper: doi.org/10.1080/135017… 🧵about the findings below:
Dieser Chart belegt, was alle täglich spüren – beim Fahren mit Zug, Rad oder Auto; beim Schwimmen im städtischen Bad; in der Schule und auf dem Amt: Der Staat investiert zu wenig. Schon seit 1997 reichen die Investitionen netto gerade so, den Verfall der Infrastruktur zu stoppen.
Ich habe dieses Statement von Sozialwissenschaftler*innen unterzeichnet, das die deutsche Position zu Israel/Gaza kritisiert. Deutschland unterstützt eine rechtsradikale Regierung die wahrscheinlich Kriegsverbrechen begeht und Hunger als Waffe einsetzt 1/ statementisraelgaza.wordpress.com/de/
Ein Statement von Sozialwissenschaftler*innen, das ich mitunterzeichnet habe. Eine maximal nüchterne, bestens belegte, und gerade dadurch erschütternde Dokumentation des schlicht entsetzlichen Verhaltens unserer Regierung. statementisraelgaza.wordpress.com/de/
Sharing a statement (EN/DE) signed with some wonderful fellow social scientists in or from Germany statementisraelgaza.wordpress.com We criticize Germany's stance on the Israel / Gaza conflict as being out of line with its own values 1/n
Sharing a statement (EN/DE) signed with some wonderful fellow social scientists in or from Germany statementisraelgaza.wordpress.com We criticize Germany's stance on the Israel / Gaza conflict as being out of line with its own values 1/n
Der ehem. Global Chief Ratings Officer bei der Ratingagentur S&P, @MoritzKraemerDr mit ziemlich unmissverständlicher Warnung in Richtung @BMF_Bund: Dogmatisches Beharren auf der #Schuldenbremse macht Downgrade des 🇩🇪 AAA-Rating wahrscheinlicher. /1 handelsblatt.com/meinung/gastbe…
Absolutely thrilled to join the list of Matthöfer Prize winners after @MazzucatoM @MkBlyth @BrankoMilan! What we can learn from how China escaped shock therapy is how to escape neoliberalism. Thanks so much for this recognition @FESonline @MartinSchulz!
Thank you, @MazzucatoM for joining us virtually this morning in Berlin!
Great to speak at @FESonline's conference #tpw24 this morning about the opportunities for a progressive industrial policy in Germany & Europe. For more on implementing industrial policy and embedding conditionalities read my paper with @rodrikdani ➡️ ucl.ac.uk/bartlett/publi…
💥NEW PAPER💥 Can price controls be optimal? Our model says: Yes, if there is endogenous price uncertainty. Economists need a more rational relation with price caps. Delaying them when shocks hit essentials deepens the crisis & fuels the far right as the German case shows. 🧶
As an event partner of the Day of Progressive Economic #tpw24 Policy in Berlin & online, FEPS is running the panel ‘Economic democracy to foster regional transformation'! With Dr. @acumbers, lead researcher at the FEPS project #EconomicDemocracy ➡️feps-europe.eu/event/thinking…
Inflation, wars & climate crisis: What are the consequences for the economy in Germany, Europe & globally? We discuss this with @MazzucatoM , @aloinett and others. 🗓️ 20.3. | 9.15 am CET | online #tpw24 Join us via #Livestream! 👉 fes.de/en/day-of-prog…