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Newsletter of Mar 4, 2021

Demographic change, digitization, geoeconomic competion – How can EU trade policy navigate these challenges?

 

Is the EU Trade Strategy Really A Fit for the Challenges Ahead?

New EU trade strategy: On February 18, the European Commission launched its new trade strategy: “Trade Policy Review – An Open, Sustainable and Assertive Trade Policy.”
This is the first overall trade strategy since 2015. So, what is new in this new trade strategy? And is it really fit for the challenges that lie ahead?

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Europe’s Trade Strategy for the Age of Geoeconomic Globalisation

The main themes of the new book by Christian Bluth

The nature of globalization is changing. The US and China make increasingly use of geoeconomic instruments in their big power competition. The EU will have to react in its new EU trade strategy to this development and come up with responses to the challenges posed to its trade policy by climate and demographic change, technological developments, a weakening of multilateral institutions, and an increased politicization of trade policy.

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Two important advances for the EU’s international competitiveness – Part I: The EU-China Comprehensive Agreement on Investment (CAI)

EU-China Investment Agreement: The European single market provides market access to some 450 million citizens and, with its economic output, is one of the major players on world markets. However, digitization and the competition with China are shaking up established structures.

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Unblocking: The agenda of the future WTO Secretary-General

A Conversation with Dr. Christian Bluth, economic expert on WTO reform at Bertelsmann Stiftung

The member states of the World Trade Organisation (WTO) have agreed on Dr Ngozi Okonjo-Iweala (66), a Nigerian­ former finance minister, as the future Secretary-General. Okonjo-Iweala has worked as a development economist at the World Bank and as a board member of the Global Vaccine Alliance against Covid-19.

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GED Writes: Europe’s Trade Strategy for the Age of Geo-economic Globalization

A new book by Dr. Christian Bluth, Senior Expert at the Bertelsmann Stiftung, looks at the EU, China, and the US Competing in the Face of the Global Megatrends of Climate, Technology, and Demographic Change.

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Jason Hickel 2020: Less Is More. How Degrowth Will Save The World.

The Capitalocene is upon us

In his latest book “Less Is More. How Degrowth Will Save The World”, anthropologist Jason Hickel indicts the growth imperative of capitalism as the ultimate culprit of the climate crisis and makes recommendations how to re-organize our economy.

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Terms of Trade – should they rise or should they fall?

Some reflections on the development of Terms of Trade in international comparison

Recently, we discussed the importance of the “Terms of Trade” for the international competitiveness of an economy. This post compares the Terms of Trade of selected economies over time. Significant differences between countries such as Germany, the US, Switzerland, and China can be seen – and explained.

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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

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