The final meeting of PEGGED took place in Brussels on the 23rd April 2012. Presentations by leading academics examined pressing areas in economic policy making, at both the European and global levels. A programme of the day can be found here.
Read the final report of PEGGED "Rethinking Global Economic Governances in Light of the Crisis".
The long-standing partnership between the US and the European Union and their dominance of international institutions is rapidly breaking down under the impact of shifting interdependencies and power relationships, and the rise of emerging market economies. In this more complex and multi-polar world, international co-operation will need to be organised in new ways, and the interests of new players will need to be represented. The economic impact of cross-border integration will come to constrain national policy autonomy more than ever.
The PEGGED Research Programme will help Europe to construct and project a vision of how the global system should evolve. In PEGGED political scientists and economists will work together to develop workable, real-world policy solutions in these areas of international cooperation.
Europe has experience with international cooperation, because such cooperation is necessary for the EU and Eurozone to cope with day-to-day problems. New forms of global governance should reflect this experience, built on a foundation of legitimacy and effectiveness. PEGGED will help Europe to construct and project a vision of how the global system should evolve.
The Consortium is formed by the following academic institutions: