Podcast

Backstage: The new balance of Asia-EU-US trade relations

Amid the Asia-Europe Economic Forum on the fringes of the 12th ASEM Summit, Bruegel senior fellow hosts a conversation on developing global trade relations, with guests Moonsung Kang, professor as Korea University, and Michael G. Plummer, director at SAIS Europe – Johns Hopkins University, for an episode of the Bruegel Backstage series on ‘The Sound of Economics’.

By: Date: October 17, 2018 Topic: Global Economics & Governance

With Bruegel hosting the two-day Asia-Europe Economic Forum in the same week as the Asia-Europe Meeting takes place in Brussels, André Sapir takes the opportunity to talk about the quickening changes to the global trade landscape in conversation with Moonsung Kang, professor as Korea University, and Michael G. Plummer, director at SAIS Europe – Johns Hopkins University.

Led by President Donald Trump, the US has begun to challenge the multilateral trade system. Meanwhile, Europe has been busy securing free trade agreements – most recently with Japan, previously with Canada and others.

With the US appearing to withdraw, and abdicate its leading role in the global trading system, Asia’s moves to improve relations with Europe make sense; the EU seems to have better appreciated the shift of the gravitational centre of world trade towards Asia.

The question remains how closely Asia and the EU will agree to cooperate in the years to come, and whether the US political narrative will develop in a way that leads them back towards free trade, or even further down the road of bilateral agreements.

If you are interested in reading more on this topic, we can recommend the research paper on the EU-Japan agreement that Bruegel has submitted to the European Parliament, by André Sapir, Sonali Chowdhry and Alessio Terzi.

Consider also the Bruegel Backstage podcast episode on the developing EU-China relationship in the face of rising global trade tensions.

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Podcast

Podcast

Banks and loan losses in the pandemic turmoil

The current pandemic is shaking the financial system. How can banks react ? Is a consolidation of the financial system in Europe needed in order to respond to this crisis ? Will our economies suffer from this pandemic as much as they did in 2008 ? This week, Giuseppe Porcaro is joined live by Guntram Wolff and Nicolas Véron to discuss banks and loan losses in the pandemic turmoil.

By: The Sound of Economics Topic: Finance & Financial Regulation Date: March 25, 2020
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Blog Post

What the EU should do and not do on trade in medical equipment

The European Union has introduced export controls on some medical supplies. This was a mistake. It should announce that it is withdrawing the measure, and call on other countries to do the same.

By: André Sapir Topic: European Macroeconomics & Governance Date: March 25, 2020
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Podcast

Podcast

How can the EU prevent our economies from shutting down?

From flights cancelled and restaurants closed to companies either slowing or stopping their production, COVID-19 is shutting our economies down. How can the EU reboot them? What should be our fiscal and monetary response to the pandemic? Will our economic system ever be the same once everything is over? This week, Guntram Wolff is joined by Jean Pisani-Ferry and Maria Demertzis to discuss the EU's response to the coronavirus.

By: The Sound of Economics Topic: European Macroeconomics & Governance Date: March 18, 2020
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External Publication

Analysis of developments in EU capital flows in the global context

This report presents an overview of the recent trends of capital flows, focused especially on the past year. It provides a detailed analysis at the global level and at the European Union level.

By: Grégory Claeys, Maria Demertzis, Marta Domínguez-Jiménez, Konstantinos Efstathiou and Tanja Linta Topic: European Macroeconomics & Governance Date: March 16, 2020
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External Publication

The effect of digitalization in the energy consumption of passenger transport: An analysis of future scenarios for Europe

The paper evaluates the effects on energy consumption of digitalization in transport. Digitalization needs a tailored policy support to avoid higher energy consumption.

By: Simone Tagliapietra and Michel Noussan Topic: Energy & Climate Date: March 16, 2020
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Past Event

Past Event

CANCELLED: India-EU Partnership: New Vistas for the Next Decade

Policymakers, academics and private sector actors from the EU and India come together to work on common issues and explore further areas of cooperation.

Speakers: Yamini Aiyar, Suman Bery, Navroz K Dubash, Alicia García-Herrero, Rajat Kathuria, Partha Mukhopadhyay, Ananth Padmanabhan, Georgios Petropoulos, André Sapir, Shyam Saran, Simone Tagliapietra and Marc Vanheukelen Topic: Global Economics & Governance Location: India International Centre, Lodhi Gardens, Lodhi Estate, New Delhi, Delhi, India Date: March 12, 2020
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Opinion

Uncoordinated policies behind market collapse

Underlying issues, and not just the coronavirus panic, fed the recent meltdown

By: Alicia García-Herrero Topic: Global Economics & Governance Date: March 10, 2020
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Blog Post

Gerard Masllorens headshot

The cost of coronavirus in terms of interrupted global value chains

The coronavirus is slowly morphing itself into an important shock. While the extent and cost of this pandemic are unknown, we do know that global supply chains that link Europe to China will be seriously disturbed. We take a look at the numbers based on input-output models. The industry that will be the most affected is Computers and Electronics, followed by textiles.

By: Maria Demertzis and Gerard Masllorens Topic: Global Economics & Governance Date: March 9, 2020
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Podcast

Podcast

Where are the women in economics?

The field of economics, like many others, seems to be biased towards men. How are women disadvantaged? Makfire Alija and Katja Knezevic join Nicholas Barrett and Niclas Poitiers to discuss the systematic hurdles.

By: The Sound of Economics Topic: Global Economics & Governance Date: March 9, 2020
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Podcast

Podcast

The European Green Deal rules

When it comes to global carbon emission is a tax the best form of defence? To make the European Green Deal work, the EU is considering a levy on carbon-intensive goods manufactured beyond its borders. But will a carbon border tax spawn a massive bureaucracy and lead to accusations of protectionism? To find out, Nicholas Barrett talked to Georg Zachmann and Ben McWilliams from Bruegel and Gabriel Felbermayr, President of the Kiel Institute for the World Economy.

By: The Sound of Economics Topic: Global Economics & Governance Date: March 9, 2020
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Podcast

Podcast

Coronavirus: the economic prognosis

The coronavirus is going to hit the global economy hard, but how hard? What can policymakers plan for the months ahead? Nicholas Barrett asks Guntram Wolff and Maria Demertzis about economic symptoms and treatments.

By: The Sound of Economics Topic: Global Economics & Governance Date: March 9, 2020
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Podcast

Podcast

Is the EU a superpower?

As China and the US battle for global supremacy, the EU seems to remain in the shadows. But what if the EU had been shaping the world economy all along without anybody noticing? Could its soft power be strong enough to shape regulations all over the world? What impact does such influence have over its own economy? This week, Giuseppe Porcaro and Guntram Wolff are joined live by Ashoka Mody, Professor in International Economic Policy at the Princeton University, and Anu Bradford, author of the book "The Brussels Effect: How the European Union rules the world".

By: The Sound of Economics Topic: European Macroeconomics & Governance Date: March 3, 2020
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