EU

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Uuriintuya Batsaikhan
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UK economic performance post-Brexit

What’s at stake: Almost a year after the UK voted to leave the European Union, its economic performance has showed mixed results. The risks of a Brexit-induced recession do not seem to be materialising. On the contrary, up until the end of 2016 the UK saw a continuation of strong consumer spending and strong output in consumer-focused activities. However, the UK economy is showing signs of slowing down in the first quarter of 2017, with weak growth in the services sector and business investments. In addition, strong consumption growth started to cool down as individuals’ purchasing power declines due to a weaker exchange rate. This leads to a question whether it is the beginning of the Brexit slowdown. We review the contributions made on this topic in the last year.

By: Uuriintuya Batsaikhan and Justine Feliu Topic: European Macroeconomics & Governance Date: May 15, 2017
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Past Event

Past Event

Financial Times - Bruegel Forum: the future of Europe after the French election

The second event in the Financial Times - Bruegel Forum series will look at how the results of the French elections will affect Europe.

Speakers: Tony Barber, Jean Pisani-Ferry and Guntram B. Wolff Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: May 11, 2017
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Alicia García-Herrero
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What does China’s ‘belt and road initiative’ mean for EU trade?

Much has been written about the Belt and Road initiative since Xi Jinping made it Beijing’s flagship initiative in September 2013. There are many interpretations of the initiative’s ultimate objectives, but one objective is clear. The belt and road scheme will bring huge improvements in regional and international connectivity through infrastructure upgrades and trade facilitation across a massive geographic area.

By: Alicia García-Herrero and Jianwei Xu Topic: Global Economics & Governance Date: September 20, 2016
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Alicia García-Herrero

Trans-Pacific Partnership: Should the key losers - China and Europe - join forces?

After five years of struggle, a massive trade pact has been signed among the US, Japan and 10 other economies (mostly in Asia but also Latin America): the Trans-Pacific Partnership (TPP).

By: Alicia García-Herrero Topic: Global Economics & Governance Date: October 6, 2015
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Emmanuel Mourlon-Druol

Will a UK welfare reform ease the UK's EU negotiation?

In a speech on 22 June 2015, UK David Cameron pointed at a number of possible changes that could be made to the UK's tax credit system. Why is the UK government suddenly thinking of reforming their tax system? One reason is that the UK government’s official aim of cutting public spending. Also, the Conservative Party wants to negotiate new rules with the EU, so that people will have to be earning for a set number of years before they can claim benefits, including the tax credits that top up low wages.

By: Emmanuel Mourlon-Druol Topic: European Macroeconomics & Governance Date: June 23, 2015
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Emmanuel Mourlon-Druol

European leaders want the UK to stay, but are best friends forever?

The Conservative Party’s election victory leaves little doubt as to the holding of a referendum on continued British EU membership in 2016 or 2017. While the official content of British demands remains vague at the moment, the reaction of Britain’s partners to the prospect of negotiations is made public every day.

By: Emmanuel Mourlon-Druol Topic: European Macroeconomics & Governance Date: May 26, 2015
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A fresh start for TTIP

The T-TIP negotiations remain extremely complex, and pushed for time given the political pressure to get an agreement signed by 2016. What is achievable and feasible in that time frame?

By: Bruegel Topic: Global Economics & Governance Date: March 16, 2015
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A fresh start for TTIP

Speech by Cecilia Malmström, European Commissioner for Trade, at the Bruegel Workshop on TTIP held on 12 March 2015.

By: Bruegel Topic: Global Economics & Governance Date: March 12, 2015
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EU-US trade talks get dose of realism

Prior to the fourth round of negotiations for the TTIP that will take place in March, EU Trade Commissioner Karel De Gucht and United States Trade Representative Ambassador Michael Froman will meet in Washington DC next week to take stock of the negotiations to date. André Sapir, Senior Fellow at Bruegel, highlights the relevance of […]

By: André Sapir Topic: Global Economics & Governance Date: February 11, 2014
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André Sapir

The Transatlantic Trade and Investment Initiative: Hope or Hype?

The decision to launch negotiations on a bilateral free trade area between the EU and the US, called the Transatlantic Trade and Investment Partnership (TTIP) or EU-US free trade area is being hailed on both sides of the Atlantic as a historic development. Why have the EU and the US decided to undertake this “historic” project and at this point in time?

By: André Sapir Topic: Global Economics & Governance Date: June 18, 2013
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Policy Contribution

Bank versus non-bank credit in the United States, Europe and China

Bank versus non-bank credit in the United States, Europe and China

In the wake of recent crisis developments in the US and Europe, non-bank credit channels have often been portrayed as 'shadow banking' and have been considered primarily through the lens of the risks they may pose to financial stability. However, the debate about financial system structures remains immature, in large part due to lack of reliable and comparable data.

By: Nicolas Véron Topic: Finance & Financial Regulation Date: June 4, 2013