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Global Economic Dynamics

Newsletter of January 2016

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.

 

Fact Sheets

TTIP, TPP, RCEP… How do Mega Trade Deals affect your Country?

Free Trade Agreements (FTAs) have been spreading across the global economy for the past 25 years (see our Data Visualization Tool FTA VIS).

Recently we have been witnessing the emergence of mega-regional trade agreements, such as the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP). These new generation agreements do not only deal with tariffs, but also with issues such as government procurement and private litigation. To show the effects of these new kind of agreements, the GED team has produced Fact Sheets for nearly 120 countries. read more

 

Study

A Chain Reaction? TTIP, TPP and Latin America

Our new GED Study Series “How do Mega-Regional Trade Agreements Affect Emerging Markets” shines light on the effects such pervasive changes in the global trading game will have on various regions around the world.

Part one of this three-part series takes a closer look at the effects of TTIP, TPP and similar agreements on the Latin American economies and comes to some interesting conclusions.

For a short summary of the study's main findings, click here to read the corresponding blogpost. read more

 

Study

Wage-setting strategies for the Eurozone

In a recent blog post we showed that the upturn of the German economy between 2000 and 2009 was primarily due to a restrictive wage policy. Our newest study seeks to answer the question whether this strategy could work for the crisis-ridden southern European countries.

For a short summary of the study's main findings, click here to read the corresponding blogpost. read more

 

Focus Paper

Two Economic Paths out of the Crisis?

The reasons that led both Portugal and Greece to a forthcoming default are, at the core, similar. Nevertheless, the pace at which the required reforms were implemented and their political support was not alike.

Our new Focus Paper “Two Economic Paths out the Crisis?” sheds light on the causes that led these two small open economics to ask for financial assistance programmes and the implementation of reforms through time.

For a short summary of the paper's main findings, click here to read the corresponding blogpost. read more

 

Blog Post

2016: The World Economy on the Road to Recovery?

In 2015, global economic development was characterized by a number of economic and geopolitical crises, leading to a slowdown in global trade and economic growth. Over the next two posts, we want to take a look ahead into 2016 and see where these developments might take us. read more

 

Blog Post

2016: A World still in Crisis Mode

In last week’s post, the GED Team looked at how the world economy might come out of the crises struck 2015. Most predictions assume that economic development will progress slightly more positively in 2016 and 2017 than it did during 2015. However, whether or not this expectation in fact turns out to be true remains to be seen as there are still a number of potential crises and uncertainty factors ahead (as the recent events in China have shown us.) read more

 

Blog Post

Is China a Market Economy?

2016 is set to be an important year for the People’s Republic of China’s external trade, because Article 15 (ii) of China’s WTO Accession Agreement will expire in December. The issue of China’s market economy status (MES) has been described as “the mother of all trade issues now”. For the EU, I recommend a pragmatic approach granting China Market Economy Status, but introducing specific conditions to avoid negative impact on EU economies. 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

 

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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