Woody Wood @ Woody Wood @

Downgrading or Upgrading NAFTA?
NAFTA’s economic pros and cons in a nutshell

Negotiations on the North American Free Trade Agreement will go into the third round this weekend (23-27 September) in Ottawa. In the talks, which are always burdened by critical statements and Twitter messages from US President Donald Trump, however, all options still seem to be on the table. Both a successful modernization of the trade deal as well as a complete failure of the negotiations and a possible withdrawal from NAFTA are conceivable. More ...

Tony Webster @ Tony Webster @

The Global Impact of a Protectionist US Trade Policy
What can theory tell us about how Trump's trade policy might affect the world economy?

Since the election of Donald Trump, there has been a growing danger that U.S. trade policy increasingly relies on protectionist measures. The aim of this policy is to secure jobs and income in its own country. In reality, however, protectionist measures mean that the weakening of international trade triggered by the U.S. is leading to a loss of income worldwide, especially in the U.S. More ...

Vitaly @ Vitaly @

The FED, the Dollar and the Global Economy
How US interest rates have far reaching economic consequences for the rest of the world!

In December 2015 the U.S. Federal Reserve (FED) raised interest rates for the first time since 2008. It has also continued to hike interest rates since then, with the last rate hike being in June 2017. The FED's interest rate policy has far-reaching consequences, not just for the American economy, but also for the entire global economy. More ...

Tom Blackwell @ Tom Blackwell @

GED Under the Radar - July Edition
This month under the radar: Venezuela's desperate fight against inflation, Burgernomics and the rising prices of European breakfasts!

Sometimes, stories of interest fall through the cracks of the mainstream attention. In GED Under the Radar, we bring you those stories you might have missed in July. This month under the radar: Venezuela's desperate fight against inflation, Burgernomics and the rising prices of European breakfasts! More ...

frankleleon @ frankleleon @

Why the USA Needs a Current Account Deficit
Could Trump's protectionist plans be doubly harmful?

Once he has taken office in January 2017, Donald Trump is planning to implement protectionist measures in order to reduce the American current account deficit and thus boost the US economy. In this post we will show that the USA actually needs a current account deficit at the moment. This is the only way of financing the high level of consumption and investment. More ...

Marcelo Montecino @ , slightly edited Marcelo Montecino @ , slightly edited

Cuba after Castro
More money, new problems?

On November 25, 2016, a true icon of the 20th century passed away. Love him or hate him—and most people seem to pick one or the other—Fidel Castro remains one of the most recognized politicians of all time. The fact that he achieved such notoriety governing an island in an often forgotten corner of the globe is a testament to the intensity of the nerve he struck. More ...

Montage Global Panorama and knowmadic news @ Montage Global Panorama and knowmadic news @

US-China Relations – The Next Big Issue for America’s New President
Is China stealing America's spotlight?

Trump vs. Clinton – On 8th November, the USA elects a new president. During the campaign, China was portrayed as the embodiment of globalization trends and held responsible for what appear to be the increasingly negative effects of globalization on the USA’s economy. Will the USA, once the most prominent champion of free trade, become drawn into a downward spiral of protectionism? More ...

Picture by Philipp Naderer Picture by Philipp Naderer

Free Trade Needs to Be Fair Trade

Ulrike Lunacek Member, Group of the Greens/European Free Alliance speaks on TTIP at the European Forum Alpbach 2015. See here her full remarks in a short video! More ...

Shutterstock / In Tune Shutterstock / In Tune

Perceptions of Inequality

How does information that we see and hear influence our understanding of economic inequalities as well as our views on policies? Can people’s perceptions and views explain cross-country divergences in inequality levels and policies alike? To what degree is policy based on facts and reflects citizens’ preferences? More ...

cuba title pic

The Crossroads: Cuba

As the US and Cuba reopen their embassies in each other's countries Cuba finds itself at a crossroads. Which path into the future will it follow? This is the second installment of the GED team's new video series "The Crossroads". More ...

mama_mia / Shutterstock Images mama_mia / Shutterstock Images

Transatlantic Data Flows and Data Protection: The State of the Debate

Last week we talked about the benefits and challenges of transatlantic data flows in the 21st century. This week we want to look at the challenges in particular, though in a less theoretical light. We want to explore, what the state of play regarding data flows and data protection between the EU and the US is right now. What regulatory systems are in place and what are the immediate developments we can expect in this relationship. More ...

pogonici / Shutterstock Images pogonici / Shutterstock Images

UPCOMING: GED-Seminar on Digital Trade
“Shaping Free & Safe Transatlantic Data Flows: Benefits & Challenges”

Over the past twenty years, cross-border data flows have become a strategic and necessary element of the transatlantic economic relationship. But while they contribute highly to vast economic growth on both sides they also come with their own set of complex regulatory burdens and risks. On our “Transatlantic Data Flow Conference” we want to discuss those benefits and challenges and think about how to best shape data flows between the US and the EU in the future. More ...

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GED @ ... Seminar on Digital Trade

To discuss both the benefits and challenges of transatlantic data flows and how to shape such flows in a free and save way for the future, the GED team together with the “Global Economy and Development” program at the Brookings Institution will be holding a conference in Berlin on May 26th. More ...

Image Courtesy: Diego compact © flickr Image Courtesy: Diego compact © flickr

TTIP – the Media Debate: Who Is Reporting What, When and How?

While representatives for the EU and USA are gathering in New York for the ninth official round of TTIP negotiations, the GED-Team decided to take a closer look at the German media reporting on TTIP. Public discussions on TTIP remain a hot topic, especially in Germany. What interests the general public differs often from the agenda in New York. More ...

A word cloud taken from an article on the European Debt Crisis / Euro Crisis. Image Courtesy: EuroCrisisExplained © flickr

The Euro Crisis: Is Trade the Solution?

Five years have passed for the European Union to consider the causes of the Euro Crisis; five years to implement reforms, and five years to kickstart growth. So where do we really stand? How did we get here? And what is left to do? We sat down with some experts from both sides of the debate to find answers More ...

Screenshot of Director of GED-Team Andreas Esche with the backdrop of the TTIP Conference in Rome

Unpacking the Box: Rome Conference Opens Forum for TTIP Debate

TTIP has been in the works for two years now, but many feel the negotiations have lost both momentum and direction. To spark a more constructive debate, experts from across the political, social and business sectors met at the Rome Conference to share their perspectives at the TTIP. More ...