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Global Economic Dynamics

Newsletter of December 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.

 

Blog Post

Lip-service Commitments Won't Halt Protectionism

The Group of Twenty (G20) made no promises to put down their trade weapons in their communiqué signed in Buenos Aires. They only took note of “current trade issues.” Leaders also acknowledged the obvious – that the multilateral trading system is not working well – but they quietly dropped their traditional (and largely unfulfilled) commitment to resist protectionism. read more

 

Blog Post

The Tide is Turning: How Emerging Markets are catching up as Global Investors

Developed economies have dominated global FDI flows in the past, with outsourcing of labor-intensive production from high-wage industrialized countries (like Germany) to low-wage developing countries (like China). No longer. Since the global financial crisis, this pattern has started to shift, with China emerging as a major global investor. The textile and electronic industry are classic examples. read more

 

Blog Post

Brexit's Economic Impact: Bad, Really Bad or Terrible?

Brexit 2018: On Tuesday, December 11, the House of Commons was scheduled to vote on the Withdrawal Agreement. Avoiding a defeat, the UK government pulled the vote on the deal it had negotiated with the EU detailing on what terms exactly the UK will leave the EU. Given the controversy, it seems worthwhile to recap what the Withdrawal Agreement (if approved) or the alternative would mean for the British and EU economies as a new vote will have to happen soon. read more

 

Blog Post

US-EU Trade: Transatlantic Relations under Pressure

The United States and the European Union used to have common topics to cooperate on and to push forward globally. The international trade order and climate change certainly being two big ones of these. Things have changed over the past year. With the G20 summit in Buenos Aires last week once more displaying US president Trump’s erratic attitude towards trade policy and the current COP24 in Katowice without much hope for the US being a strong ally for climate protection, prospects continue to be uncertain. read more

 

Happy Holidays

Merry Christmas from the GED Team!

Merry Christmas from the GED team:
Cora, Christian, Sabrina, Andreas, Thomas and Thieß 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

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E-mail: ged@bertelsmann-stiftung.de

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The Bertelsmann Stiftung, based in Gütersloh, Germany, is a 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: Dr. Ralph Heck (Chairman), Dr. Brigitte Mohn, Prof. Dr. Daniela Schwarzer