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© 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 ...

Traffic moving across America on interstate I-10 Natalia Bratslavsky – stock.adobe.com

United on Trade but Divided on NAFTA
Survey says citizens in US less keen on USMCA than their partners


President Trump has referred to NAFTA as the worst deal ever – but what do the people in the USA but also in Canada and Mexico think? A new study commissioned by the GED team finds that Canadians and Mexicans are generally in favour of NAFTA but that US Americans are divided. Click the download link to find more interesting insights from our study. More ...

Photo by Ibrahim Rifath on Unsplash Photo by Ibrahim Rifath on Unsplash

Expected Euro Appreciation
Curse or blessing for the euro zone?


Since the beginning of 2018, the euro has depreciated against the dollar. At the beginning of June, the price for one euro rose again. Even if the euro lost value again in the last few days, a further appreciation of the euro is expected for the next 12 months (see, for example Michels 2019, page […] More ...

Photo by M. B. M. on Unsplash Photo by M. B. M. on Unsplash

Who Is Afraid of the Global Market Price?
Have we reached the pinnacle of globalization?


The worldwide opening of markets is coming under increasing pressure in the developed industrial countries. One explanation is that industrialized countries have already realized all possible economic advantages. for people in their role as owners of factors of production, as a result of the world market openings achieved to date. Further intensification of globalization would […] More ...

Al Jazeera English @Flickr.com Al Jazeera English @Flickr.com

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 ...

Photo by Frederic Köberl on Unsplash Photo by Frederic Köberl on Unsplash

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 ...

The White House @flickr.com The White House @flickr.com

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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Most Popular Posts

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 ...

Car bodies on the production line inside automobile factory. Autokarossen in einer Autostraße einer Fabrik.
Bestellt am 18.01.2019 in einer KONZERN-Lizenz für ST-MT ID-457 | GED Automobilindustrie" Prognos-Studie 103-64119-104 Car bodies on the production line inside automobile factory. Autokarossen in einer Autostraße einer Fabrik. Bestellt am 18.01.2019 in einer KONZERN-Lizenz für ST-MT ID-457 | GED Automobilindustrie" Prognos-Studie 103-64119-104

$ 21.9 Billion - That's How Much US Tariffs on German Cars Could Cost the German Car Industry
Auto Executives around the world wait to see if imported car parts harm U.S. national security


With the United States on the verge of imposing US tariffs on German cars, we take a closer look at the German car industry’s exposure to the US market. To paint a more nuanced picture of the economic relationship, we apply a supply chain or added value approach. Our analysis shows that the German car industry could lose up to $ 21.9 billion in added value. More ...

multilateral trading system nicknick_ko - stock.adobe.com

World Trade Organization: What Way Forward for Trade Dispute Settlement?
New ideas on how to treat the current crisis of the World trade organizations Appellate Body


The dispute settlement body of the WTO performs an important role in adjudicating trade disputes. In this new GED Focus Paper, international trade law expert Robert McDougall proposes some fresh ideas on how to treat the current crisis of the WTO Appellate Body as a chance to improve and update trade dispute resolution at 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 ...