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Newsletter of Apr 30, 2019

Our analysis of British-European value chains shows which sectors are most severely impacted by Brexit.


Does Brexit Spell the End of Comparative Advantage?

Germany and Britain have knit close ties as part of global production networks. However, Brexit makes trade more costly – and impacts the design of production chains. In this new study, we look into the close ties in value-added trade between British and German sectors and analyze to what extent they will be impacted by Brexit.

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Event: The Role of Plurilateral Agreements to Modernize WTO Rules

On Tuesday, May 7th, Professor Bernard Hoekman – who chairs GED’s Expert Group on WTO Reform – will discuss the role of plurilateral agreements in flexibilising the WTO system with Piotr Rydzkowski, Deputy Head of Unit of DG Trade. The discussion will take place at German Council on Foreign Relations in Berlin from 12:30 - 2:00 pm. Knut Brünjes will chair the discussion and Claudia Schmucker act as a discussant. If you would like to attend, please register with events@dgap.de.

Please register here


India’s Stance on WTO Reform

India has been a member of the WTO since its inception in 1995. WTO is sometimes referred to as the ‘free trade’ institution seeking to promote multilateralism and a rule based system in the conduct of global trade amongst countries.

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Three Reasons Why You Should Know What CPTPP Stands For

At the beginning of 2019, the Comprehensive and Progressive Trans-Pacific Partnership has entered into force. It is one of the most progressive free trade agreements and contains many novel elements – which is why it has served as a model for successive trade agreements and will continue to do so for the foreseeable future. In this blogpost, we introduce our latest publication that tells you all about CPTPP that you always wanted to know but never dared to ask.

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Can the US Dollar Continue To Defend Its Role as the Lead Currency?

Globalization is characterized by a large number of cross-border economic transactions. It is helpful for the global economy if there is a lead currency that is accepted by all economic players as an international means of payment. The US dollar currently performs this function. But will it stay that way?

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We help make complex economic dynamics transparent and understandable.

The project examines the causes and effects of economic trends, as well as the connections linking one trend to another.


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Andreas Esche

Director, Program Megatrends


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