National fiscal policy has played a vital role in mitigating the socio-economic fallout from the pandemic and the associated containment measures. In the European Union, more space for national fiscal policy was given by the March 2020 suspension of the bloc’s common...
Brueguel
The geopolitical repercussions of the European Green Deal
The European Green Deal is a plan to decarbonise the EU economy by 2050, revolutionise the EU’s energy system, profoundly transform the economy and inspire efforts to combat climate change. But the plan will also have profound geopolitical repercussions and is likely...
The geopolitics of the European Green Deal
Policy Contribution co-writted by Mark Leonard and Jeremy Shapiro from ECFR. The European Green Deal is a plan to decarbonise the EU economy by 2050, revolutionise the EU’s energy system, profoundly transform the economy and inspire efforts to combat climate change....
Strategic autonomy or strategic alliance?
This piece was originally published in the Money Review section of Kathimerini. On the day of the United States presidential inauguration, European Union leaders lost no opportunity to express relief that the world hegemon was back, ready to cooperate and help solve...
What do vaccination passports mean for Europe?
The sudden reappearance of national borders within the European Union because of travel restrictions, self-quarantine and test requirements – all differing depending on the country – has underlined the importance of a right that Europeans sometimes take for granted:...
A rushed deal or a rush to judgement?
On 30 November 2020 after over 7 years of talks, the European Union and China concluded negotiations for a Comprehensive Agreement on Investment (CAI for short). The agreement is intended to increase investment between the EU and China by establishing a legal...
A Global Pandemic Alarm Bell
This opinion piece was originally published in Project Syndicate and the ASEAN Post. Seen from Europe, Asia, or even North America, Manaus, the capital of the Brazilian state of Amazonas, is as remote as can be. Yet the 501.Y.V3 variant of the coronavirus recently...
Platform mergers and antitrust
Platform ecosystems rely on economies of scale, data-driven economies of scope, high-quality algorithmic systems and strong network effects that typically promote winner-take-most markets. Some platform firms have grown rapidly and their merger and acquisition...
Economic Crisis in the Middle East and North Africa
The authors thank Maria Demertzis and Nicolas Véron for their comments. In the 2010s, the economic situation in the Middle East and North Africa (MENA) deteriorated as a result of lower oil and other commodity prices, a new round of domestic political instability,...
Where did the vaccine strategy go wrong?
One year since the pandemic began, widespread vaccination has finally started. It would be a mistake however to say the end is in sight. Senior fellows Uri Dadush and J. Scott Marcus join Bruegel director Guntram Wolff to talk COVID-19 vaccine strategy, from testing...
China and the WTO: Why Multilateralism Still Matters
The full version of this book has been published at Princeton University Press. China’s accession to the World Trade Organization (WTO) in 2001 was rightly hailed as a huge step forward in international cooperation. However, China’s participation in the WTO has been...
Getting America Back In The Game: A Multilateral Perspective
This article was originally published on the Geneva Trade Platform. The Trump administration forcefully and explicitly undermined multilateral economic cooperation. This could not have come at a worse time. The world is facing two immediate and era-defining challenges...