A China-UK free trade agreement has been extensively discussed since the UK’s vote for Brexit. Many supporters of Brexit argue that the UK’s regained flexibility to strike trade deals with other partners, and in particular with China given its economic size, will be a key advantage. This analysis indicates that a China-UK FTA will be neither as easy nor as clearly advantageous as portrayed by Brexit supporters.
This Policy Contribution outlines a fiscal cost scenario for the recapitalisation of large banks during a severe systemic crisis.
In 1980, the Export Oriented Unit (EOU) Scheme was launched in India to boost exports and increase production. Though a number of provisions and exemptions including both fiscal and non-fiscal incentives have been extended to the Scheme to achieve the desired goal, the performance of EOUs has been far from satisfactory, particularly in the past few years. Therefore, it is time for a relook at the EOU Scheme for export promotions in context of report on performance of EOU Scheme by the Comptroller and Auditor General (CAG) of India. This issue is pertinent in the context of India’s declining exports and rising trade deficit.
The latest changes in foreign direct investment norms in India have made entry and control of foreign investors in a lot of sectors easier.
Nicolas Véron argues that EU banking union can only be complete if the vast amounts of domestic sovereign debt held by many banks are reduced
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There is still a certain degree of fuzziness about what the different degrees of Brexit entail. We attempt to fill this gap by setting out the options for the future EU-UK relationship.
Wallonia recently voted against the Comprehensive Economic and Trade Agreement (CETA), which aims to eliminate 98% of tariffs between Canada and EU. While the ratification is currently on hold, we take a look at the figures for EU-Canada trade.
This event addresses challenges for cross-border commerce that arise from V.A.T. differences across EU member states. How can tax rules on goods and services be simplified in order to boost investments and growth of SMEs?
Does the EU have all the necessary tools to deal with the trends of 21st century in global economy?
Decarbonisation and digitalisation: two mega trends that will change the European energy system.
This paper shows that economic convergence continued during the crisis for the EU as a whole, although at a slower pace, but for regions in the EU14, and especially in the euro area, convergence appears to have stopped during the crisis, or even switched to a divergence path.
This paper offers an updated and comprehensive analysis of the currency crises in Russia and the former Soviet Union economies.