New protectionism, less investment?
Recently, both protectionist voices and measures have been on the increase. Even investments are not immune to the new protectionism.
Technology and economics
Is China a market economy?
China believes it has the right to Market Economy Status (MES) at the WTO automatically. The EU’s so-called ‘anti-dumping front’ does not see it this way.
The euro: an orphan who no longer needs his parents?
If the Euro / Eurozone wants to have an integrated financial market it will need to create a large sovereign to stabilise the system.
Panama Leaks and the Tide of Tax Reform
The leak of the ‘Panama Papers’ has created an enormous scandal and, more importantly, a great deal of political momentum for the international tax-reform agenda.
Climate change and Big Data
Immense amounts of data from a wide variety of sources are becoming available at an incredible speed. What is the link between climate change and Big Data?
Is the world economy seizing up? It’s not just because of China
Is the world economy grinding to a halt? We are probably in the midst of a long cycle or facing a worldwide readjustment or purg.
China has changed the global economic order – with the help of Europe
Ancient Chinese strategists always believed that a tripolar system is the best political configuration for stability. The same goes for global economic governance, and the three main poles (although not the only ones) should be: the US, China and the European Union.
The institutional limits to the internationalisation of the RMB
The recent inclusion of the renminbi in the IMF’s Special Drawing Rights is a major victory for the People’s Bank of China. Yet for a currency to be highly internationalised, the issuing country must have a stable and transparent political and legal framework.
The discreet burial of the Doha Round
Late last year the ministerial meeting in Nairobi of the WTO quietly consigned the Doha Round to the grave, after 14 years of more or less futile efforts.
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