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Policy Contribution

Central Asia at 25

After a decade of growth based on hydrocarbon booms, Central Asian countries are faced with increasing challenges to complete their transitions to a market economy and towards economic development and integration.

By: and Date: May 5, 2017 Topic: Global Economics & Governance

Central Asia, though referred to as a single region, consists of five culturally and ethnically diverse countries that have followed different political and economic transformation paths in the last 25 years since independence from the Soviet Union.

After experiencing more than a decade of growth based on hydrocarbon booms, these countries are faced with increasing challenges resulting from falling commodity prices, declining trade and lower migrant remittances. The main policy challenge is to move away from commodity-based growth strategies to macro-oriented diversification and adoption of a broad spectrum of economic, institutional and political reforms. However, structural diversification is easier said than done.

Our analysis suggests five key policy lessons that could serve as points of departure as these countries move ahead.

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Opinion

Trump's Backfiring Trade Policy

President Trump’s radical trade policy continues, as do trade disputes with China. The president promised to sign far better trade deals, ensure fair treatment of American firms and reduce the United States’ trade deficit. None of these objectives have been met.

By: Uri Dadush and Laurence Kotlikoff Topic: Global Economics & Governance Date: September 17, 2019
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Working Paper

EU trade policy amid the China-US clash: caught in the crossfire?

What risks face the EU with regard to China’s strategic aims in trade policy and how can the EU respond? The US effort to isolate China poses particular risks for Europe. How can the EU counter such efforts with the aim of forging its own distinct trade policy? How should the EU move forward with reform of the World Trade Organization (WTO) in light of differing demands and aims of trading blocs like China and the US?

By: Anabel González and Nicolas Véron Topic: Global Economics & Governance Date: September 17, 2019
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Opinion

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By: Alicia García-Herrero and Gary Ng Topic: Finance & Financial Regulation Date: September 16, 2019
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Blog Post

Competing Globally: Europe’s Debate Over Trade and Sovereignty

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By: Jean Pisani-Ferry and Rebecca Christie Topic: Global Economics & Governance Date: September 12, 2019
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Past Event

Past Event

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At this event Minister S. Iswaran and Commissioner Malmström will discuss Singapore-EU relations, following the signing of a FTA in 2018 and in the context of the global situation.

Speakers: S. Iswaran, Cecilia Malmström and André Sapir Topic: Global Economics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: September 11, 2019
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Past Event

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China-EU investment relations: Exploring competition and industrial policies

This is a closed-door workshop jointly organised by MERICS and Bruegel looking at China-EU investment relations.

Speakers: Miguel Ceballos Barón, Alicia García-Herrero, Mikko Huotari, Yi Huang and Xu Sitao Topic: Finance & Financial Regulation, Global Economics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: September 9, 2019
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Podcast

Podcast

Backstage at BAM19: Enhancing Europe's economic sovereignty

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By: The Sound of Economics Topic: European Macroeconomics & Governance Date: September 5, 2019
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Blog Post

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By: Cecilia Malmström Topic: Global Economics & Governance Date: September 4, 2019
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Podcast

Podcast

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By: The Sound of Economics Topic: Global Economics & Governance Date: September 4, 2019
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Opinion

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In time, the current spat between French President Emmanuel Macron and his Brazilian counterpart Jair Bolsonaro regarding the Amazon rainforest may become a mere footnote. But other rows between collective and national interests are sure to erupt, and the world needs to find a way to manage them.

By: Jean Pisani-Ferry Topic: European Macroeconomics & Governance Date: September 3, 2019
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Opinion

Last Tango In Biarritz: The End Of The G7?

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By: Alicia García-Herrero Topic: Global Economics & Governance Date: August 28, 2019
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Opinion

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By: Alicia García-Herrero Topic: Global Economics & Governance Date: August 28, 2019
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