Surveys show that people systematically overestimate the share of foreign-born citizens among resident populations. Aligning people's perceptions with reality is vital to the betterment of public debate and proposed policies.
Amid the Asia-Europe Economic Forum on the fringes of the 12th ASEM Summit, Bruegel senior fellow hosts a conversation on developing global trade relations, with guests Moonsung Kang, professor as Korea University, and Michael G. Plummer, director at SAIS Europe – Johns Hopkins University, for an episode of the Bruegel Backstage series on ‘The Sound of Economics’.
What's at stake: this week has been filled with news that the small Belgian region of Wallonia intended to veto CETA (the Canada-EU trade agreement). Eventually, Wallonia conceded defeat and agreed to let the agreement go on. But meanwhile, it spurred a debate on trade agreements and their sovereignty implications, which we summarise here.
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.