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The CEPII Newsletter       
September 2019        

The French edition is slightly different as it also includes material available in French only  

Europe Monnaie & Finance Trade & Globalization Migrations Economic Policy Emerging Economies Competitivness & Growth Environment & Natural Ressources


The dollar and the Transition to Sustainable Development: From Key Currency to Multilateralism

Drastic changes in US politics relative to international agreements and to bilateral relationships with China raise a political question about the key currency status of the dollar and a theoretical question in international monetary economics: Can a key currency system be maintained if the issuing country deliberately engages in conflicting protectionist policy? 
This policy brief investigates how the positions of major currencies have been changing in the international monetary system for several years.
Michel Aglietta & Virginie Coudert


How much did the uncertainty created by Brexit cost the British economy?

Using a method that measures the level of political uncertainty, economist Fabien Tripier, in a column in "Le Monde", estimates that the economic cost of Brexit has been £16 billion per year for the British economy since 2016.
Fabien Tripier




France takes on Silicon Valley: Washington threatens tariffs over GAFA tax

What is fair taxation in the era of globalisation? The OECD and G20 nations are working on it and France has said it will scrap the new tax once fresh rules are in place globally. But then again, will there even be a consensus? Just look at Europe. While the likes of the UK, Spain and Austria are also preparing GAFA taxes, smaller EU members like Ireland who act as quasi corporate tax havens are resisting any threats to their model. How to break this crucial deadlock?
Anne-Laure Delatte


  Immigration in OECD Countries - 9th Annual International Conference
CALL FOR PAPERS before 10 September 2019

The OECD, the CEPII, and their partners from the University of Lille (LEM), Paris School of Economics, Fondazione Rodolfo De Benedetti, University of Luxembourg and IRES (Université Catholique de Louvain) are jointly organizing the 9th Annual Conference on "Immigration in OECD Countries" on December 12-13, 2019.
The conference will examine the economic aspects of international migration in OECD countries by mapping the migratory flows and defining their socio-economic determinants and consequences. Topics of interest for the conference include, among others, the determinants of immigration to the OECD, migrants’ self-selection, the labor market and public finance effects of immigration, as well as migrants and refugees social, political and economic integration.  A selection of papers from the conference will be considered for publication as a special issue of The Journal of Economic Geography.

ISSN: 1255-7072
Editorial Director : Antoine Bouët
Managing Editor : Dominique Pianelli