In March, 2007, the Treaty of Rome celebrates its 50th anniversary. The chief lesson from this remarkable period of European cooperation is the contribution to growth and prosperity from economic integration. The common commercial policy that emerged from this treaty has had a significant impact...

China's exchange-rate policy has been under attack in the last years, especially in the United States. Now the critique of Beijing's policy is coming from Europe as well, and Chinese authorities are accused of boosting its own export, at others expense, by keeping its currency below its real...

EU-China trade and economic relations have deteriorated. The rhetoric has become tougher on both sides, and the EU has imported the culture of "China bashing" from US politics. Increasingly hostile rhetoric and the danger of tit-for-tat protectionism are reason enough to establish a new process...

This Policy Brief provides recommendations for agricultural policy reform in the EU. It argues, first, that all measures that distort market prices and production should be abolished. This includes production quotas, land set-asides, storage aids, export refunds, output payments, and area...

The European Union has set out a new strategy for growth and competitiveness. A successor to the Lisbon agenda, the 2020 strategy aims to usher Europe into an era of smart, sustainable and inclusive growth. It is of tremendous importance that Europe speeds up growth. Fiscal stabilization can...

Four years after the launch of Global Europe - the European Union's trade strategy from 2006 - policymakers are now confronted with the first negotiated agreement with one of the rising economic powers in the Far East. The EU-Korea Free Trade Agreement (hereafter EUKOR) is the first of Europe's...

A new trade war is looming as the EU is now embarking on its first countervailing duty (CVD) against Chinese subsidies over coated fine paper. As the EU gives a significant amount of subsidies to local production, China is not short of sectors to retaliate against - especially as the evidence in...

The crisis-struck EU finds it increasingly difficult to engage in trade negotiations with large-sized economies that would have a meaningful impact on growth. Some parts of the European car industry are opposing a FTA with Japan due to defensive interests following the crisis in EU car...

Services liberalisation has perhaps suffered from the deadlock of the WTO more than any other area of trade. As the discussions of a potential plurilateral agreement amongst a select group of countries continue, more questions are raised than answered. In a new policy brief by Hosuk...