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“Reports of Globalization’s Death Are Greatly Exaggerated”

What is the role of the EU in the system of world trade? Can it hold its own between the United States and China? Yes, as long as its internal market remains attractive, says Sabine Weyand, the European Commission’s Director-General for Trade.

Author/s
Sabine Weyand
IPQ
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Russia’s Economic Self-Destruction and Its Conseuqences

Russia’s war against Ukraine marks less a rupture in globalization than Russia’s self-imposed removal from the global economy. One consequence may be a more balanced relationship between China and the West.

Author/s
Vladislav Inozemtsev
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How Europe Can Shape Changes in the World Economy

The frenetic growth of world trade has been over for some time. Geopolitical risks are now leading to a new order. This by no means heralds a phase of deglobalization—which is empirically unlikely and would be costly economically. The European Union would do well, however, to ensure greater diversification.

Author/s
Gabriel Felbermayr
Guntram Wolff
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The World Trade Crisis

Geopolitical and geoeconomic conflicts are mounting, and the EU is responding with renewed vigor in trade agreements. But it also urgently needs to move forward with World Trade Organization reform.

Author/s
Claudia Schmucker
IPQ
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The Almighty Dollar?

Global economic changes make it likely that the international monetary system will no longer be so dominated by the dollar. The question, though, is whether the euro or the yuan can take on the baton.

Author/s
Alicia García Herrero
IPQ
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Reordering Transatlantic Security

The Russian invasion of Ukraine has made some of the traditional transatlantic security discussions obsolete. It could lead to a new order for security cooperation between the United States and Europe.

Author/s
Sophia Besch
Martin Quencez
IPQ
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Transatlantic Relations in the Asian Century

While the center of economic gravity has already moved to Asia, Vladimir Putin’s war against Ukraine has reaffirmed Europe’s role as the center stage of international affairs.

Author/s
Michael C. Kimmage
IPQ
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“On China, Europe Is Not There”

Transatlantic relations are close but could be closer, says Ben Rhodes, former foreign policy advisor to President Obama. What’s missing is greater alignment on China policy. And there’s also the danger of the US turning into an autocracy.

Author/s
Ben Rhodes
IPQ
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The EU’s Confused Role in the “Chip War”

While the US and China battle for technological supremacy, the European Commission has been misunderstanding the nature of the struggle. Intervening in supply chains is the wrong approach.

Author/s
Chris Miller
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