CEPII - Accueil

Granting Market Economy Status to China in the EU: An Economic Impact Assessment
In this Policy Brief, Cecilia Bellora and Sébastien Jean assess the possible economic impacts for the European Union of granting market economy status (MES) to China in antidumping investigations. Changing China’s status would boost its exports to the EU by 3.9% to 5.3% in volume (€13bn to €18bn). Factoring in the removal of the present chilling effect, the impact might reach 7.4% to 21% in volume (€25bn to €72bn). >>>

September 7, 2016

Brazil: restoring fiscal austerity while preserving public services
Emerging Countries
Cristina Terra
Restoring fiscal austerity in Brazil is not an easy task since the government faces both exerts from privileged groups and constraints establishing minimum public expenditures on some bills. It could however be done without penalizing public services if their efficiency is improved.

August 19, 2016

Should we fear the Brexit uncertainty?
IMF versus Krugman
Competitiveness & Growth | Europe
Stéphane Lhuissier, Fabien Tripier
IMF cuts global growth forecasts following Brexit vote. Paul Krugman has taken a different point of view by arguing there is no reason to worry in the immediate future. This opposition reflects clearly two different opinions on the short-term consequences of uncertainty.

July 15, 2016

In search of a liquid asset for European financial markets
Money & Finance | Europe
Francesco Molteni
European financial markets face a shortage liquid assets. New regulations increase banks’ demand for liquid securities, mainly sovereign bonds, but the European fiscal rules constrain the supply of public debt. Further, the QE is draining bonds from the market. Some proposed forms of “Eurobonds” or new debt securities issued by European supranational organizations could solve this problem.

June 14, 2016

How Multi-Destination Firms Shape the Effect of Exchange Rate Volatility on Trade
Trade & Globalization | Money & Finance
Jérôme Héricourt, Clément Nedoncelle
The idea that exchange rate volatility could be detrimental to international trade is widely accepted. Surprisingly, macroeconomic evidence on its impact on trade yields either small or insignificant effect on aggregate outcomes. This column suggests that the behavior of big, multi-destination firms help explain this puzzle.

Trade & Globalization

Competitiveness & Growth

Emerging Countries

Environment & Natural Resources

Money & Finance

Economic Policy

Michel Aglietta et André Chieng sur "La Chine et son nouveau plan quinquennal"
October 6, 2016

Sylvie Goulard sur "Quel rôle l'UE peut-elle jouer dans la mise en place d'un ordre financier mondial?"
October 17, 2016

XIV ELSNIT Annual Conference : Investment Treaties and Investment Promotion Policies
October 21 - 22, 2016

Le CEPII aux JECO
November 8 - 10, 2016

Immigration in OECD Countries - 6th Annual International Conference
Deadline for submitting papers: September 30, 2016
December 12, 2016

Modeling real international relationships - A MIRAGE Consortium Workshop
December 15 - 16, 2016

AEEF 2016 : 10 years Anniversary Event
September 21 - 22, 2016

Markus K. Brunnermeier & Jean-Pierre Landau on " The Euro and the Battle of Ideas "
September 21, 2016

SUERF/PSE/CEPII Conference: Rethinking Capital Controls and Capital Flows
September 16, 2016

Rich People Poor Countries: The Rise of Emerging-Market Tycoons and their Mega Firms
September 15, 2016

Le Statut d’économie de marché de la Chine : quels enjeux pour l’Europe ?
September 8, 2016

Just Released

L'économie mondiale 2017

Granting Market Economy Status to China in the EU: An Economic Impact Assessment
Cecilia Bellora, Sébastien Jean

International Financial Flows in the New Normal: Key Patterns (and Why We Should Care)
Matthieu Bussière, Julia Schmidt, Natacha Valla

Estimated Tariff Equivalents of Services NTMs
Lionel Fontagné, Cristina Mitaritonna, José E. Signoret

Do Uncertainty Shocks Always Matter for Business Cycles?
Stéphane Lhuissier, Fabien Tripier

Let's Try Next Door: Technical Barriers to Trade and Multi-destination Firms
Lionel Fontagné, Gianluca Orefice

International Economics
N°147 - Q3 2016

Pays émergents : quelle protection face au risque de sudden stop ?
Francesco Molteni, Camilo Umana Dajud

Les entreprises multi-destinations, mieux armées face au risque de change
Jérôme Héricourt, Clément Nedoncelle

Brazil: self-inflicted pain
Cristina Terra

CEPII Country Profiles: indicators, databases and classifications
Charlotte Emlinger, Houssein Guimbard, Alix de Saint Vaulry, Deniz Ünal

In the Journals

Trade policy and industrial policy in China: What motivates public authorities to apply restrictions on exports?
China Economic Review
Stéphanie Monjon, Julien Gourdon, Sandra Poncet

Towards greater diversification in central bank reserves
Journal of Asset Management
Valérie Mignon, Marie Brière, Kim Oosterlinck, Ariane Szafarz

Interdependencies between Atlantic and Pacific agreements: Evidence from agri-food sectors
Economic Modelling
Anne-Célia Disdier, Charlotte Emlinger, Jean Fouré

In the Databases

Profils Pays / Country Profiles
Interactive Data on Trade and Protection June 30, 2016

New CEPII database on Estimated Tariff Equivalents of Services NTMs
Update: August 19, 2016

Comptes Harmonisés sur les Echanges et L’Economie Mondiale (CHELEM)

Harmonized data on trade, BOP and GDP. Update of BOP and GDP 2016/07/19

Trade globalisation in the last two centuries
voxeu.org
Michel Fouquin