The West must learn to understand power politics The belief in Western Europe is that European integration and international trade are automatic promoters of peace. Patrick van Schie says much of the world continues to think it is power that counts The impact of AI on the nature and quality of jobs Laura Nurski and Mia Hoffmann argue that policymakers should strengthen the role of social partners in the adoption of AI technology to protect workers Deceiving West and ‘detached’ elites Vladimir Putin portrays Russia as the victim, saying that western sanctions had ‘replaced the pandemic’ as a threat to the world order The perils of unilateralism Simon Evenett and Johannes Fritz consider the latest research and find that commercial policies and regulations now fragment the digital economy A green industrial revolution is coming Many question the usefulness of economic growth, concerned about the environment. Alessio Terzi believes the green transition can usher in prosperity for people and the planet The importance of strategic autonomy in the digital era Society increasingly relies on technology. Wilbert Jan Derksen considers the importance of strategic autonomy in ensuring national security Recovering from COVID Building resilience in select African economies. Conrad van Gass considers the lessons learnt from policy responses prompted by the pandemic Destabilised supply chains Shanghai, the world’s biggest port, is returning to normal. Sarah Schiffling and Nikolaos Valantasis Kanellos argue that despite this supply chains will get worse before they get better How technology is reshaping trade Trade has always been shaped by technology. Robert Atkinson examines how digital technologies are transforming goods and services production Is it time for a new theory to explain crossborder trade? Can we imagine a world without crossborder trade? If not, then we need to know what determines the crossborder flow of products and services, Sanjay Kumar Mangla, Nikita Jain and Richa Gupta discuss Decarbonisation of the energy system Zachmann et al highlight that the current national energy and climate plans (NECPs) of EU countries are insufficient to achieve a cost-efficient pathway to EU wide climate neutrality by 2050 The economic policy consequences of the war Jean Pisani-Ferry says the Ukraine war will have significant impacts on the EU, arising from oil and gas supply shocks, energy independence measures, the inflow of refugees and boosted defence spending India’s commitment to renewable energy India has seen a strong growth in renewable energy. Nirupama Soundararajan and Arindam Goswami discuss India's approach to tackle climate change Trade and the most vulnerable Ngozi Okonjo-Iweala outlines her views on how climate priorities can be addressed through trade actions which prioritise the specific challenges faced by least developed countries Is the post-war trading system ending? Global trade faces many challenges. Uri Dadush argues the post-war system is being transformed into a more complex, politicised and contentious set of trade relationships New wine in new bottles Indian Free Trade agreements have been a mixed bag. Bipul Chatterjee and Sneha Singh consider the modernisation of India’s FTA strategy Opaque and ill-defined Poor governance and transparency creates a risk that competition in the single market will be weakened. Niclas Poitiers and Pauline Weil argue that an overhaul of Europe’s IPCEI subsidy framework is needed A liberal perspective on trade and development Inequality and poverty remain a global reality. Edwin van de Haar considers the benefits of free trade to Sub-Saharan African development International trade, global supply chains and monetary policy Silvana Tenreyro says global supply chains can improve a country’s productivity and income. But the benefits they bring are not evenly spread across sectors The ‘gatekeeper’ dilemma The scope of the Digital Markets Act has emerged as one of the most contentious issues in the regulatory discussion. Mario Mariniello and Catarina Martins assess which companies will be caught by the DMA Climate change mitigation via trade policy There is a need to limit greenhouse gas emissions. André Wolf considers the potential and challenges of environmental protection in trade agreements Free trade under Brexit Many economists have claimed that Brexit would damage the UK economy. Patrick Minford considers the assumptions made and Brexit benefits to the UK have been widely underestimated The EUs carbon border mechanism and the WTO André Sapir argues that to avoid any backlash, the European Union should work with other World Trade Organization members to define basic principles of carbon border adjustment mechanisms Europe’s climate moment of truth Simone Tagliapietra writes that with Fit for 55 Europe is the global first mover in turning a long-term net-zero goal into real-world policies, marking the entry of climate policy into the daily life of all businesses A connectivity game changer Multi-modal connectivity is poised to be a game changer. Arnab Ganguly and Jithin Sabu on how the BBIN is connecting to thrive Pricing of carbon within and at the border of Europe The EU has announced carbon neutrality by 2050 as the key target of the Green Deal. Schmidt et al. argue that the EU should consider a border carbon adjustment mechanism to incentivise other countries to join China and the WTO: two systems meet Petros Mavroidis and André Sapir focus on the build-up to China joining the WTO, and argue that expectations for China’s behaviour were misguided from the start China and the WTO: an uneasy relationship Petros Mavroidis and André Sapir examine the Chinese economic and trading structure, that has continued despite expectations it would liberalise and open up China and the WTO: how can they work together better? The WTO is limited in its ability to shape China's trade policy. Petros Mavroidis and André Sapir consider how the China-WTO relationship can be reformed and improved Much ado about nothing? Fraser Cameron considers the political and economic context of the EU-China investment deal Bracing for the second wave The COVID-19 pandemic has had a severe economic impact on Africa. Cyril Prinsloo and Yulea Roopai consider policy interventions that could play a decisive role in the recovery The geopolitics of the European Green Deal Mark Leonard, Jean Pisani-Ferry, Jeremy Shapiro, Simone Tagliapietra and Guntram Wolff consider the geopolitical consequences of the European Green Deal Let the torch of multilateralism light up humanity’s way forward Xi Jinping calls for both greater global efforts in the fight against an unprecedented public health crisis and a renewed commitment to multilateral cooperation Using technology for trade COVID-19 has had a drastic effect on global trade. Graham Bright discusses how technology can boost the recovery Is BRICS past its sell-by date? Despite increasing political differences between members, Elizabeth Sidiropoulos sees a continuing role of the BRICS as the global economy rebalances Can the global recovery be sustained even as the pandemic rages? The global economy is showing signs of recovery from COVID-19 crisis, though the pandemic is accelerating in some countries. Uri Dadush believes trade is part of the solution, not part of the problem
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