CEPII - Accueil

Shooting oneself in the foot? US trade policy coping with Global Value Chains
According to Cecilia Bellora & Lionel Fontagné estimates, the measures already implemented by the trade war would cause significant value-added losses to China (USD 91 billion in the long run), but also to the United States (62 billion), due to the intertwining of global value chains. As in any war, imposing losses on an enemy comes at a high cost. If the tariff war were to escalate, German industry would pay a heavy toll.

May 13, 2019

The "new silk roads": an evaluation essay
(4/4): Obstacles on the road
Michel Fouquin, Jean-Raphaël Chaponnière
China's international expansion follows multiple paths: trade, investment, finance and currency, to focus on the economy. In doing so, it pursues different objectives. The new roads project appears to be the way to provide a flexible framework for China's overall strategy. However, we can question its feasibility.

April 29, 2019

The "new silk roads": an evaluation essay
(3/4): China as a global player in globalization
Michel Fouquin, Jean-Raphaël Chaponnière
A review of China's international activity since 2013 is striking first of all by the speed with which it has made China a major player in globalization in terms of both direct investment and lending to developing countries. The Silk Roads project, which is a unique and unconventional project, appears above all as a means of gradually structuring the Chinese vision of globalization, which combines China's long-term economic and strategic interest.

April 23, 2019

Trade wars and global value chains: Shooting oneself in the foot
Cecilia Bellora, Lionel Fontagné
Since 2018, the US administration has implemented several measures limiting free trade with China and other countries. Using cross-country data and a general equilibrium model, this column argues that a trade war hurts not only the targeted countries but also the country imposing the tariffs. Column first published in VOX.

April 1, 2019

The "new silk roads": an evaluation essay
(2/4): The Belt, Corridors and roads
Michel Fouquin, Jean-Raphaël Chaponnière
Initially Belt and Road Initiative (BRI) focussed on transport infrastructure and pipelines on the one hand and Europe-Asia connectivity on the other hand. It aims at building an Eurasian Belt as well as several corridors leading to maritime roads.

Trade & Globalization

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Emerging Countries

Environment & Natural Resources

Money & Finance

Economic Policy

"Why Europe must untie its Gordian Safe Asset Knot " with Michala Marcussen, Group Chief Economist and Head of Economic and Sector Research, Société Générale
September 24, 2019

La France est-elle exposée au protectionnisme ?
October 2, 2019

La table ronde CEPII aux 22es Rendez-vous de l'histoire 2019
L'économie, un terrain de confrontation international
October 11, 2019

"Brexit countdown" with Iain Begg, Professorial Research Fellow, European Institute, London School of Economics and Political Science
October 15, 2019

The 2019 Euro-Latin Network on Integration and Trade (ELSNIT)
Conference hosted by the CEPII
October 23 - 24, 2019

"Globalisation and international tax competition" by Professor Assaf Razin, Cornell University and Tel Aviv University
November 6, 2019

Immigration in OECD Countries - 9th Annual International Conference
December 12 - 13, 2019

Theories and Methods in Macroeconomics (T2M) - 24th Conference
Deadline for paper submission: Novemeber 4th, 2019
March 26 - 27, 2020

Petit-déjeuner débat "Guerres commerciales" avec Sébastien Jean, Directeur du CEPII
September 17, 2019

L'économie mondiale 2020 - conférence de présentation
September 11, 2019

Research seminar "International Sourcing and Employment in Times of Financial Crisis: The Case of France"
July 11, 2019

L'Afrique de l'Ouest: perspectives économiques
July 3, 2019

Just Released

L'économie mondiale 2020

Setting the Stage for RMB Internationalization - Liberalizing the Capital Account and Strengthening the Domestic Bond Market
Michel Aglietta, Camille Macaire

Sectoral Reallocations, Real Estate Shocks and Productivity Divergence in Europe: A Tale of Three Countries
Thomas Grjebine, Jérôme Héricourt, Fabien Tripier

Sectoral reallocations, Real estate shocks, and productivity divergence in Europe
Thomas Grjebine, Jérôme Héricourt, Fabien Tripier

Exchange rate pass-through to import prices: Accounting for changes in the Eurozone trade structure
Antonia Lopez-Villavicencio, Valérie Mignon

The transmission channels of unconventional monetary policy: Evidence from a change in collateral requirements in France
Anne-Laure Delatte, Pranav Garg, Jean Imbs

International Economics
N°159 - Q3 2019

La création d’entreprises dix ans après la Grande récession : une perspective macroéconomique
Marlène Isoré, Fabien Tripier

L’évitement fiscal des multinationales en France : combien et où ?
Vincent Vicard

A world more equal, but countries less so?
Isabelle Bensidoun, Grégoire Elkouby

Profits of multinational firms abroad: measurement and impact on their home country
Laurence Nayman, Vincent Vicard

In the Journals

Power-law distribution in the external debt-to-fiscal revenue ratios: empirical evidence and a theoretical model
Journal of Macroeconomics
Gilles Dufrénot, Anne-Charlotte Paret Onorato

Agricultural Trade Liberalization in the 21st Century: Has it Done the Business?
Journal of Agricultural Economics
Sébastien Jean, Houssein Guimbard, Jean-Christophe Bureau

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In the Databases

Profils Pays / Country Profiles
- Interactive Data 2017 Updated
- Export (.csv) "All countries" for each table/figure

Pour sauver le climat, couler l’économie
RFI
Cecilia Bellora