How can Europe identify the threat of trade retaliation that allows it to establish the strongest negotiating position in dealing with the United States in merchandise trade alone?
Faced with the protectionist threats from the United States or China targeting sectors that play a significant role in the trade of some of its members, the European Union (EU) might be inclined to present a united front due to the strong interconnection of its economies.
Video, July 6, 2020 - In the press By Anne-Laure Delatte 00:41:54
French President Emmanuel Macron and German Chancellor Angela Merkel might well hold the future of Europe in their hands. Or maybe more accurately in their cheque books. Round table with Anne-Laure Delatte, Lorenzo Marsili, Daniel Stelter, and Olaf Wientzek, on France 24 on 30 june 2020.
The Covid-19 pandemic has revealed the vulnerability of the Old continent to drug-supply disruption. Europe nevertheless remains, by far, the leader in the global trade of pharmaceutical products. Article published in The Conversation on May 31, 2020
More than three years after the Brexit referendum, Brexit is still not settled, but the uncertainty remains. This long period of uncertainty has cost around half a point of economic growth per year since 2016 for the UK’s economy, which is equivalent to an annual loss of £16 billion.
Europe’s competition policy has successfully contained the rise in concentration and excess profits, and the EU should not follow the US in weakening its approach. Instead, the EU needs to strengthen its trade policy to be more assertive on reciprocity in market access and control of industrial subsidies.
The shock caused by the 2007-08 financial collapse, followed by the European sovereign debt crisis, has raised new doubts about the ability of the single currency to work well in a region with huge economic and political diversity. It has also given a new dimension to this debate by highlighting the building-up of unsustainable macroeconomic imbalances within the European Monetary Union (EMU).
Stocks and sovereign bonds are among the most used financial products and the correlation between stock and bond returns corresponds to a typically time-varying pattern reflecting changes in investors' decisions.