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Global Economic Dynamics

Newsletter of February 2018

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.

 

Event

GED's Expert Board at the WTO Ministerial Conference

In December 2017, the representatives of 164 member states met in Buenos Aires at the WTO Ministerial Conference to discuss the future trade policy agenda. GED was present in Buenos Aires too, with its Expert Board on the Future of Global Trade Governance presenting further thoughts on how to improve the functioning of the WTO itself. The disappointing outcome of the Ministerial Conference underlines the necessity for improvements in the workings of the Organization. read more

 

Blog Post

Do We Need European Taxes?

In recent years, tax evasion scandals brought the topic of tax regime differences in Europe back to the centre of public interest. This briefing explains what types of tax regulations already exist in the Single Market and which reforms are currently under discussion. Looking to the future, it also discusses the arguments in favour and against European taxes. read more

 

Blog Post

An Emergency Exit for the Currency Union?

Up to now, the European Treaties provide no option for leaving the euro. While this protects the currency from speculative attacks, the lack of an exit option also constrains the room for political manoeuvre in times of crisis. This briefing looks at why the euro was designed as a one-way-street, examines the potential consequences if an exit option was introduced and provides alternative scenarios to a full-blown exit. read more

 

Blog Post

Imbalances: Should the EU Intervene?

Imbalances are a recurring problem in the EU. Especially differences in trade balances dominate the debate. Germany, for instance, has been generating very high surpluses for years and meets serious criticism for this reason. This briefing examines whether imbalances pose a threat to the EU and what role the euro plays in this. read more

 

Blog Post

Ten Years After – Where Is the Greek Economy?

The outbreak of the global financial and economic crisis plunged in particular the southern European economies into a deep recession. Brexit, Trump and geopolitical crises such as the North Korea conflict have caused the economic problems in southern Europe to recede into the background. However, these problems have not been resolved by any means. The economic situation is bad, particularly in Greece. The European Central Bank and the International Monetary Fund are concerned about Greece’s borrowing power. Nonetheless, there are a few bright spots. read more

 

Blog Post

Why the EU Should Pay More Attention to Indonesia

Last week, the EU and Indonesia completed the 4th round of negotiations on their bilateral free trade agreement in Surakarta, Indonesia. A trade deal with the world’s 4th most populous nation would be an important strategic move for the EU in a time when the United States, once the EU’s key partner, takes a protectionist course. China while still being the centerpiece of the EU’s economic relations with Asia is becoming more of a competitor than a partner. The EU needs to diversify its approach towards Asia. Indonesia could be a strong pillar of the EU’s “pivot to Asia”. read more

 

About Global Economic Dynamics (GED):

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

 

Bertelsmann Stiftung

Carl-Bertelsmann-Str. 256

33311 Gütersloh

Germany

Tel: +49 5241 81-81333

Fax: +49 5241 81-681333

E-mail: ged@bertelsmann-stiftung.de

Web: www.bertelsmann-stiftung.de

 

The Bertelsmann Stiftung, based in Gütersloh, Germany, is an nonprofit, private

operating foundation in accordance with Section 1 of North Rhine-Westphalia's Foundation Law.

The district government of Detmold serves as its supervisory authority.

Founder: Reinhard Mohn

Chairman of the Board of Trustees: Prof. Dr. Werner J. Bauer

Executive Board: Aart De Geus (Chair), Liz Mohn (Vice Chair), Dr. Jörg Dräger, Dr. Brigitte Mohn