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The European response to a challenging world trade regime

In: Intereconomics : review of European economic policy 53 (2018) 5, pp. 244

Persistent link: https://www.econbiz.de/10011929778

What should be the EU's approach to global trade?

Bongardt, Annette; Torres, Francisco S. - In: Intereconomics : review of European economic policy 53 (2018) 5, pp. 245-249

For a global player like the EU, it must adequately respond to US unilateral actions and not give in to threats in order to preserve its credibility. However, it is not in its interest to let trade conflicts escalate and be drawn into trade wars. It is worth noting that through the bilateral...

Persistent link: https://www.econbiz.de/10011929785

Revitalising multilateral trade governance

Hoekman, Bernard M. - In: Intereconomics : review of European economic policy 53 (2018) 5, pp. 249-253

The WTO provides extensive flexibility for members to engage with each other. Using this, WTO members should identify a … policies that are not or only partially covered by current WTO rules. Expanding the WTO rulebook, accepting greater reciprocity … and improving the organisation’s operation are necessary for revitalising the WTO. …

Persistent link: https://www.econbiz.de/10011929807

Triage? : assessing the EU’s modernisation proposals for the WTO

Evenett, Simon J. - In: Intereconomics : review of European economic policy 53 (2018) 5, pp. 253-256

According to the European Commission (EC), the WTO is struggling to credibly remain the go-to place for trade … negotiations.1 Indeed, after the Commission stated its concerns, EU-Ambassador to the WTO Marc Vanheukelen commented that if the …

Persistent link: https://www.econbiz.de/10011929841

Dealing with Donald Trump

Felbermayr, Gabriel - In: Intereconomics : review of European economic policy 53 (2018) 5, pp. 257-260

emerge, where negotiating will take place in country clubs instead of among members at the WTO. However, by breaking protocol …

Persistent link: https://www.econbiz.de/10011929843

The EU response to US trade tariffs

Demertzis, Maria; Fredriksson, Gustav - In: Intereconomics : review of European economic policy 53 (2018) 5, pp. 260-268

The greatest challenge for the EU in trying to identify an optimal response is understanding the motives behind the US strategy. The rhetoric, and more recently also actions, of the current US administration on trade and the global multilateral system are a real threat to the process of...

Persistent link: https://www.econbiz.de/10011929848

If nothing is achieved : who pays for the Brexit?

Hüther, Michael; Diermeier, Matthias; Jung, Markos; … - In: Intereconomics : review of European economic policy 53 (2018) 5, pp. 274-280

The United Kingdom will depart from the European Union in March 2019. Numerous open questions remain about details and conditions especially with regard to post-Brexit EU-UK trade relations. In case of a negotiation failure, a "hard Brexit" could cause considerably high costs on both sides of...

Persistent link: https://www.econbiz.de/10011929856

International trade regulation and sustainable development : an outlook

Steininger, Karl W. - In: Intereconomics : review of European economic policy 31 (1996) 6, pp. 291-300

international trade system. The WTO Agreements and the continuing discussion in the WTO Committee on Trade and Environment are … current shortcomings in the WTO are analysed and some possible cornerstones for future WTO development indicated. …

Persistent link: https://www.econbiz.de/10011549276

Reshoring by decree? : the effects of decoupling Europe from global value chains

Sandkamp, Alexander-Nikolai - In: Intereconomics : review of European economic policy 57 (2022) 6, pp. 359-362

Overall, decoupling from certain countries may be both politically necessary and economically feasible, at least in the long run. However, a general shift of production back to Europe would be accompanied by significant losses in real income.

Persistent link: https://www.econbiz.de/10013475415

Some effects of EU sugar reforms on development in Africa

Paha, Johannes; Sautter, Timon; Schumacher, Reinhard - In: Intereconomics : review of European economic policy 56 (2021) 5, pp. 288-294

The sugar industry is a major provider of jobs and income for sugar-exporting countries in Africa. The lower sugar prices that were caused by the recent liberalisation of the EU sugar market may not only jeopardise economic development in those countries, but the reforms also create difficulties...

Persistent link: https://www.econbiz.de/10012672364