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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Speakers: Fukunari Kimura, Noritsugu Nakanishi, Takehiko Nakao and André Sapir Topic: Global Economics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels
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Opinion

Trump’s International Economic Legacy

If Donald Trump loses the United States presidential election in November, he will ultimately be seen to have left little mark in many areas. But in the US's relationship with China, the decoupling of economic links could continue, and that could force Europe into hard choices.

By: Jean Pisani-Ferry Topic: Global Economics & Governance Date: September 29, 2020
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Past Event

Past Event

From playing field to player: Europe’s strategic autonomy as our generation’s goal

At this online event Charles Michel spoke about the importance of Europe's strategic autonomy.

Speakers: Charles Michel and Guntram B. Wolff Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: September 28, 2020
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Podcast

Podcast

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By: The Sound of Economics Topic: Energy & Climate Date: September 23, 2020
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Opinion

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視訊會議的討論充滿政治性和爭議性,很明顯繼2019年新的中歐戰略承認系統性對手的關係後,中歐之交再次降到新低。

By: Alicia García-Herrero Topic: Global Economics & Governance Date: September 22, 2020
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External Publication

Diversification and the world trading system

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By: Uri Dadush, Niclas Poitiers, Abdelaaziz Ait Ali, Mohammed Al Doghan, Muhammad Bhatti, Carlos Braga and Anabel González Topic: Global Economics & Governance Date: September 16, 2020
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Podcast

Podcast

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By: The Sound of Economics Topic: European Macroeconomics & Governance Date: September 16, 2020
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Opinion

Non-summit shows EU-China ties at new low

There was nothing concrete to justify calling this video conference an EU-China Summit.

By: Alicia García-Herrero Topic: Global Economics & Governance Date: September 16, 2020
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Opinion

China's 'dual circulation' plan is bad news for others' exports

This opinion piece was originally published in Nikkei’s Asian Review. Minds in Beijing are focusing increasingly on the upcoming meeting of the Chinese Communist Party Central Committee next month. High on the body’s agenda will be sketching out a new official five-year plan for Asia’s largest economy. A freshly coined buzzword looks set to play […]

By: Alicia García-Herrero Topic: Global Economics & Governance Date: September 15, 2020
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Podcast

Podcast

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By: The Sound of Economics Topic: European Macroeconomics & Governance, Finance & Financial Regulation Date: September 9, 2020
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Blog Post

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台灣的貨幣政策和大多數國家相比仍屬相對緊縮,台幣升幅也是相對有限。總的來說,台灣第二季的GDP與其他國家相較算是非常優異,主因是行動管制少,所以衝擊也小得多。

By: Alicia García-Herrero Topic: Global Economics & Governance Date: August 28, 2020
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Opinion

Relocating production from China to Central Europe? Not so fast!

Western European imports from central Europe have fallen dramatically, while imports from China fell much less, and had already recovered to pre-COVID level by April 2020. Central European governments should instigate new measures to foster the transition towards knowledge-intensive economic activities.

By: Zsolt Darvas Topic: Global Economics & Governance Date: August 20, 2020
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