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GED READS

Automation, AI & Robots: The End of Labor or The Golden Age of Workers?
Our take on Acemoglu & Restrepo’s The Race Between Man and Machine


Whether an economy will profit from the benefits of automation will therefore depend on an underlying system that minimizes the negative impact of the displacement effect and fosters, at the same time, countervailing forces like the reinstatement effect of automation. Yet the diversity of economic, political and social systems around the world raises the question whether and how these effects will impact individual countries and regions. In the attempt to find an answer to this question, we talked to Daron Acemoglu. More ...

© Felix Vemmer © Felix Vemmer

Goodbye to Felix Vemmer


Since July 2017 Felix supported the GED team as freelancer with the online content management of the GED website, taking care of visualising graphics or publishing all the blogposts among some other tasks. After two years, he will now move to Berlin and work as Operational Intelligence Business Analyst for N26. The GED team thanks […] More ...

Photo by Alex Vasey on Unsplash Photo by Alex Vasey on Unsplash

What Is the Impact of Reshoring?
Will Digitalization bring jobs back to developed countries?


  The technological progress of the last decades has led to developed countries relocating many work operations to low-wage countries. The increased use of digital technologies is now leading to a partial relocation of production sites back to the developed industrialized countries. However, the number and quality of the jobs is fundamentally different: While many […] More ...

© patpitchaya - stock.adobe.com © patpitchaya - stock.adobe.com

GED Survey
Please give us your feedback so we can improve our service to you


Your Opinion Matters! Dear GED-Reader, Our goal is to always provide you with the most relevant outputs possible. Now we would appreciate your help: Please do this quick 5 minute survey to share with us what is most interesting to you. This helps us optimize our content and tailor it to your preferences. We would […] More ...

Photo by NASA on Unsplash Photo by NASA on Unsplash

Digitalization, Trade and Politics
Historical experience suggest that political decision-makers are likely to listen to the interests of capital owners and employees who are losers in the new digital economy


Digitalization not only reduces an organization’s costs of production, but also the costs of cross-border trade. In a global economy, advancing digitalization can result in one more factor causing realignment of traditional trading patterns and can accelerate the structural change of the entire global economy. This can and will result in income losses for certain […] More ...

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Globalization Report 2018: Who Benefits Most from Globalization?
For the 3rd time in a row – industrialized countries are biggest winners in globalization


The main question in the “Globalization Report 2018” is: What impact did the increase in globalization between 1990 and 2016 have on real – i.e. inflation-adjusted – GDP per capita in the 42 countries analyzed. This indicator was chosen because it is more meaningful for the prosperity of citizens than the GDP of the economy as a whole. More ...

multilateral trading system nicknick_ko - stock.adobe.com

What Needs to Change at The WTO?
Our Panel of Experts presents our Recommendations at Public Forum 2018


The World Trade Organization (WTO) serves as a place where trade policy issues are addressed, disputes arbitrated, legal frameworks derived and enforced. The Bertelsmann Stiftung’s Expert Board on the Future of Trade Governance has released a report that elaborates a series of feasible policy recommendations that will increase the effectiveness and salience of the WTO. More ...

multilateral trading system nicknick_ko - stock.adobe.com

Revitalizing Multilateral Governance at the World Trade Organization
Report of the High-Level Board of Experts on the Future of Global Trade Governance


The World Trade Organization (WTO) serves as a place where trade policy issues are addressed, disputes arbitrated, legal frameworks derived and enforced. The Bertelsmann Stiftung’s Expert Board on the Future of Trade Governance has released a report that elaborates a series of feasible policy recommendations that will increase the effectiveness and salience of the WTO. More ...

Photo by Ant Rozetsky on Unsplash Photo by Ant Rozetsky on Unsplash

Can We Have a Rational Discussion on Industrial Policy?
China’s state capitalism puts long maligned industrial policy back on the table


“Industrial policy” is back in the headlines. Whether in the European Union, Germany, or the United States, there is an ongoing debate in the media, among politicians and economists about the future of the industrial sector. While some observers fear that governments implementing industrial policy (or interfering in the markets, as detractors might say) will cause a roll-back right into a GDR- or Soviet-style planned economy, others regard it as a panacea to counteract China’s state capitalism. Yet, why do industrial policy discussions cause such a stir? More ...