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The Brussels Effect, once emblematic of the EU's alleged influence in shaping global regulations, has now become a factor contributing to global regulatory fragmentation. The EU must recalibrate its trajectory towards a liberal and rules-based trading order, prioritizing widespread regulatory...
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This paper examines the evolution of the EU's trade in services over the 2004-2008 period in comparison with its trade in goods. It aims to disentangle the main trends shaping the EU's services trade flows under the impact of increasing globalisation and the last two waves of EU enlargement....
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In this paper, I will discuss this question with special emphasis on the European experience. The European Union (EU) qualifies for an interesting case study because of two reasons. First, it has been founded more than 40 years ago in 1957. Second, its ongoing process of deep Integration is...
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overlapping bilateral alliances increases transaction costs for world trade. Secondly, a race between major trading partners to … secure important markets for their goods and services could have a damaging impact world-wide. Finally, it can be argued that … such agreements are impeding the current round of world trade talks. The WTO should thus both tighten the rules for …
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Die deutsche Wirtschaft erholte sich im dritten Quartal überraschend schnell vom Shutdown im Frühjahr. Im Herbst nahm jedoch das Infektionsgeschehen wieder spürbar an Fahrt auf, so dass im November erneut ein Shutdown verhängt wurde. Allerdings dürften die unmittelbaren wirtschaftlichen...
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