Dieses Policy Paper untersucht die geopolitische und wirtschaftliche Bedeutung des EU-Mercosur-Abkommens für die Europäische Union (EU) im Rahmen der neuen Wirtschaftssicherheitsstrategie der EU (European Economic Security Strategy). Angesichts geopolitischer Veränderungen und wachsender...

The conclusion of the Transatlantic Trade and Investment Partnership (TTIP) constitutes a priority and key component of the external trade policy of the European Union (EU). It is also an immediate follow-up to several years of regulatory cooperation between the two global trade powers. In an...

The European Union has recently shifted to a trade policy that envisages a greater use of Free Trade Agreements (FTAs). In particular the EU is working on a number of new FTA initiatives. Policy statements also reiterate the EU's commitment to multilateralism in trade and to the completion of...

This commentary focuses on Article 8.30 CETA, which is entitled ‘Ethics’ and sets ethical rules for the Members of the CETA Tribunal and the Appellate Tribunal. The European Commission presents this precept in a succinct paragraph, highlighting the key issues addressed and the main novelties...

The Whitehall Briefing (leaked in January but only officially released this month) is not the last word on the potential long-term economic impact of Brexit, despite claims from others that it ‘proves’ GDP will be lower in ‘all’ scenarios. As the report itself says, it is only ‘draft...

Global institutions are understood as one of the best means of achieving inter-state cooperation. Yet this perspective omits the effects of institutional creation on non-members. We know that exclusion from trade agreements affects countries' economic cooperation. I show here that exclusion also...

This article engages with the recently adopted agreement for the African Continental Free Trade Area (AfCFTA) in the area of services. While services trade had heretofore stood at the queue of African trade pacts, the AfCFTA breaks new grounds by negotiating goods and services concurrently,...

This essay argues why, although an international competition policy may throw up certain benefits, the WTO is not an appropriate forum for such a globally binding competition policy. Given the complexity in dealing with multiple competition regimes in an increasingly globalised world of...

The EU is a relatively open economy and has benefited from the global multilateral system. We argue that the EU should defend its strategic interests with three steps. First, it should collaborate with partners around the world in defence of multilateralism. Second, it should establish deeper...

Currency devaluation resembles subsidy and dumping in terms of its impact on global trade – it grants price advantages to exporting companies. Unlike subsidy and dumping, however, multilateral regulation of currency manipulation, which is principally exercised by the IMF, is far from...