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Caught in the Crossfire of the US-China Trade War
Implications for the US, China and the EU


Once again, a tweet by US President Donald Trump has put the world in shock: Shortly before the next negotiations with China, Trump pushed ahead with further punitive measures and increased customs duties on Chinese imports worth USD 200 billion from 10 to 25 percent. China retaliated in kind. What does this mean for China and specially the EU, which has been caught in the crossfire of Trump's criticism, too? More ...

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The Future of Capitalism: Social Democracy in Crisis? (Part 2)
A conversation with Paul Collier


During our visit to the Global Solutions Summit 2019, we had the chance to talk to Paul Collier, professor of Economics and Public Policy at the University of Oxford and author of “The Future of Capitalism”. As we highlighted in our last post, with his newest book, the author questions modern social democracy and appeals for a future where capitalism is not only prosperous but also more ethical. More ...

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India’s Stance on WTO Reform


WTO reforms: President Trump recently referred to India as ‘the tariff King’ that imposes ‘tremendously high’ tariffs on American products like Harley ... More ...

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Yes. There Can Be Demographic Dividends with an Aging Population
Can Foreign Direct Investments (FDI’s) help increase prosperity and foster global sustainable development?


Could these different demographic and economic development stages be mutually beneficial? In this blog post we discuss whether foreign direct investments (FDIs) could help generate long-term economic growth and material prosperity producing demographic dividends for both sides. More ...

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The Future of Capitalism: Social Democracy in Crisis?
A book abstract of “The Future of Capitalism” by Paul Collier


With his latest book, the British economist Paul Collier attempts to unmask the existential crisis of modern capitalism. According to the author, social democracy has failed to deliver on its promise to create a cooperative and morally reciprocal society. “The Future of Capitalism” is Collier’s appeal to reset the mindset of modern social democracy, to […] More ...

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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 ...

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Who Really Wins from the Digital Economy?
New video shows how digital disruption reshapes economic opportunities around the globe


Digitization is rapidly re-assembling the nuts and bolts of the global economy. Its disruptions are profound but uneven. From Cuba to Mozambique, from Argentina to India people, companies and governments have found different strategies to cope with the new digital world and a digital economy. In the latest entry to our Crossroads series Samuel George traces down how. Join him on his journey around the globe! More ...

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Will the Digital Economy Change the Rules of the Game in the World Economy?
Monopolies and Superstar Firms


A central prerequisite for a functioning market economy is that there are many companies and many consumers. In this case, nobody has market power, which can be used to the detriment of others. The digital economy could change the situation. Special features in the cost structure and characteristics of digital goods can cause monopolies. The resulting superstar firms are able to increase their profits at the expense of consumers and employees. More ...

Photo by Naveed Ahmed on Unsplash Photo by Naveed Ahmed on Unsplash

India Can Lead the Way on Global Trade
India’s Trade Policies and finding a way toward global prosperity


At this point, India may be one of the few large economies able to provide leadership in international trade. The US under President Trump seems to have all but kissed goodbye to multilateralism. The EU at the moment seems too pre-occupied with issues like BREXIT etc. China while waxing eloquent about multilateralism, questions have arisen about its sincerity and earnestness. Besides, it is presently caught up in a trade war-like situation with the US. 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 ...

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Globalization Report 2018: What about the BRICS countries?
Why are they not the main profiteers?


In terms of real gross domestic product (GDP) per capital, industrialized economies are the biggest winners of increasing globalization. Why are the BRICS countries (Brazil, Russia, India, China and South Africa) , some of which are regarded as the engines of globalization, not the main profiteers? This is the question we are looking into in this blog post. More ...

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What Do the Results of the EU Elections Mean for the Future of the EU Trade Policy?
The collapse of the centre will mean re-alignment and building consensus


Last week, the citizens across the European Union voted for a new European Parliament. The European Parliament also has an important voice in trade policy, so in this blog post GED asks the changes in the composition of the EU parliament mean for the EU trade policy. EU Elections 2019: What changed in the new […] More ...

Photo by Goh Rhy Yan on Unsplash Photo by Goh Rhy Yan on Unsplash

7 Risks for the Global Economy
Why we should not rely on sustained economic growth


After the global economy experienced a small dip in growth in 2016, the world's real gross domestic product (GDP) has been growing slightly more strongly since 2017. At present, most projections assume that the global economy could continue to grow by around four percent in the coming years. However, there are also numerous risks that endanger this growth process. More ...

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The Crossroads: Argentina


The Crossroads is a new video series from the GED team that focuses on decisive moments for different economies. In our first episode we take a look at Argentina, a country facing turbulent economic conditions and an ongoing debt crisis just as it prepares for crucial presidential elections in October 2015. More ...

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Election Results India: Implications of Election Results
The future course of India’s International Economic Policy


The results of the 17th General Elections of India for choosing legislators were declared on May 23rd, 2019. The biggest elections in the largest democracy of the world, featuring 900 million eligible voters, spread over more than a month, were held over 7 phases. The 1st phase of the elections commenced on April 11th while the […] More ...

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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 ...