Bruegel (institution)
Bruegel ( Brussels European and Global Economic Laboratory, pronunciation: [ bɾø ɣəl ː ] ) is a think tank founded in 2004, economics, based in Brussels. By his own understanding independently and no particular economic theory appending, it was the aim of the founders to contribute and the quality of economic policy in Europe and the world by impartial, fact-based and relevant to decision makers Research as a platform for the exchange of research, policy and economy to serve. Members include representatives from EU Member States, international corporations and the French Central Bank ( Banque de France), the European Investment Bank and the European Bank for Reconstruction and Development.
Name
The name of Bruegel, an acronym for Brussels European and Global Economic Laboratory, refers to the painter Pieter Bruegel, whose " keen observation of life of ordinary people and everyday economic activities " ( "keen observation of the life of ordinary people and daily economic activity" ) as well as the era in which he lived, the Renaissance, to serve as inspiration for the work of the Organization.
History
The idea of establishing this European think tanks emerged in late 2002 as part of a private meeting of politicians, senior business leaders and other stakeholders. On 22 January 2003, the intention to create a " European initiative with the aim of a European Centre for International Economics to create", held by Germany and France in the joint statement on the 40th anniversary of the Elysée Treaty. A specially created project group developed in the sequence with the support of French and German ministries a concept. In December 2004, the first Board was attended by representatives of 12 European governments and 17 companies operating in Europe or European companies ordered and decided to finance with an initial 5 million euros by 2006.
On August 10, 2004 Bruegel as an international non-profit organization under Belgian law ( AISBL ) was founded, the first meeting of the Board took place on 17 January 2005. In October 2005, the first research program was approved.
From 2005 to 2008, Mario Monti, was Chairman of the Board. In June 2008, Leszek Balcerowicz followed after him. Since April 2012, the former ECB president Jean -Claude Trichet at the head of the think tank. The French economist Jean Pisani -Ferry served as a director since the inception until April 2013; be succeeded by his former deputy, the German economist Guntram B. Wolff.
Research
The researchers of Bruegel work deepened into four research areas:
- European macroeconomics
- International Economic
- Financial market regulation
- Competition, innovation and sustainable growth
Bruegel is different ( in-house research ), Visiting Scholars and Non Resident Scholars that are supported by a team of research assistants between Resident Scholars. An advisory board, composed of eight economists advises the Director Terium regarding future research areas and evaluates research results.
Members
The administrative model of Bruegel is to have a balance of private and public members. When it was founded in 2004 12 countries and 17 companies were involved. 2011, 19 countries, 20 companies and 3 government and European financial institutions are represented. Members and Partner Research Institutions (PRI; partner research institutes) may elect members of the board.
Members (November 2011):
- States:
Belgium, Denmark, Germany, Finland, France, Greece, Ireland, Italy, Lithuania, Luxembourg, Netherlands, Austria, Poland, Sweden, Slovenia, Spain, Czech Republic, Hungary, United Kingdom, Republic of Cyprus.
- Company:
Areva, German Bank, German Telecom, EDF, Ernst & Young, Erste Group, France Telecom, GDF Suez, Goldman Sachs, Google, Microsoft, Novartis, NYSE Euro Next, Pfizer, Qualcomm, Renault, Samsung Electronics, Solvay, Syngenta, Unicredit.
- Financial institutions:
Banque de France, European Investment Bank, European Bank for Reconstruction and Development.
- The partner institutions include:
Centre D' Etudes Prospectives et D' Informations Internationales ( CEPII ), Centre for European Reform (CER), CESifo Group, Indian Council for Research on International Economic Relations ( ICRIER ), Institute for World Economics ( Kiel Institute ), Korea Institute for International Economic Policy ( KIEP ) and the Peterson Institute for International Economics ( Peterson Institute ).
These organizations are partners of Bruegel since early 2008 and will be tanks to a worldwide network of like-minded but complementary Think. Together, research projects, publications, events or other projects will be initiated. In addition, there is a strategic partnership agreement with the German Marshall Fund of the United States.
Unfortunately, so far representative large social organizations, such as the national unions - DGB etc. - still not involved in the think tank, or participating in the consultative decision making.