Please click here if this newsletter looks incorrect

 
 
 
 

Newsletter of Sept 30, 2019

Digitalization, demographic change and globalization interact in a myriad of ways to reshape the world economy – our new report analyzes how.

 

The Bigger Picture

The megatrend report “The Bigger Picture” of Bertelsmann Stiftung examines the central interactions between the megatrends of globalization, digitalization and demographic change and their effects on people’s employment and income opportunities. This has direct consequences for individual participation in social life and social cohesion – and thus for the need for political action.

read more

 

Automation, AI & Robots: The End of Labor or The Golden Age of Workers?

Although the global process of automation and digitalization poses a serious challenge to current and future policymaking, there is a poor understanding of the impact on the economy. With their work The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment, Daron Acemoglu and Pascual Restrepo study the ambiguous relationship between automation, labor, and economic growth.

read more

 

Phil Hogan, the EU's New Straight-Talking Commissioner for Trade

Phil Hogan has just been confirmed as the new European Commissioner for Trade. In this blogpost, we look at the experiences he brings to the job and the challenges he is going to encounter.

read more

 

Tracing Three Decades of Foreign Direct Investment Booms and Busts and Their Recent Decline

The trade war waged by the US Administration is also an investment war: In 2018, global foreign direct investment (FDI) declined again – the third year in row. For the world economy, this is a disadvantageous development and has negatively impacted global economic growth in 2018. Even though annual FDI flows tend to be unstable and frequently experience ups and downs, their recent decline can be regarded as yet another indicator for the current unhealthy condition of the global economic order. A quick recovery is not in sight.

read more

 

Digital Economy: How Is Digitalization Changing Global Competitiveness and Economic Prosperity?

Digital Economy: In several articles we have shown what consequences digitalization can have for the labor markets of developed economies, what influence digital technologies might have on the cross-border relocation of production sites and how 3D printing technology could change world trade.

This article deals with the question of how digitalization can change the international competitiveness in the entire world economy in the future – and thus also the material prosperity of the people.

read more

 

Is A Trade War Just One Tweet Away?

On September 25, we met in Berlin to discuss options on how to deal with the escalating Chinese-American trade war. Speakers included Norbert Röttgen, Thorsten Benner, Thomas Kleine-Brockhoff, Didi Kirsten Tatlow and Eckart von Unger.

read more

 

Trump and Golf – Implications for Global Trade

At the end of the G7 summit in Biarritz, Trump announced that we intends to hold the next G7 summit at his golf resort National Dora in Miami. This is just one incidence out of many that for Trump golf and politics, including trade politics, belong together. In this blogpost of slightly exceptional character, guest author Jordan Fuller looks into how Trump’s experience as a golfer is shaping his trade policies.

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.

 

To change your profile or subscribe to more Bertelsmann Stiftung newsletters, click here.

 

Forwarded this e-mail by a friend? Click here to subscribe to the GED project newsletter.

 

To unsubscribe from this newsletter, click here.

 

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 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