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Europe’s trade strategy for the age of geoeconomic globalisation

February 10, 2021

The nature of globalisation is changing, with the US and China making increasing use of geoeconomic instruments in their big power competition. A new CEPR/RESPECT book discusses how, in its new trade strategy, the EU will have to react to this development as well as coming up with responses to the challenges posed to its trade policy by climate and demographic change, technological developments, a weakening of multilateral institutions, and an increased politicisation of trade policy. The answer must lie in a value-driven trade policy, efforts to restore the rules-based trading order, risk management, and the development of defensive geoeconomic capabilities.

Since the EU published its most recent trade strategy five years ago, the world has changed

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Europe’s Trade Strategy For The Age Of Geoeconomic Globalisation

February 10, 2021

A new CEPR/RESPECT eBook by Christian Johannes Bluth discusses the EU, China and the US Competing in the Face of the Global Megatrends of Climate, Technology and Demographic Change.

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As the EU prepares the launch of its new official trade strategy, it does so in a world that has changed drastically since the release of its last agenda five years ago, and with it the objectives to which trade policy must respond. The challenges – climate change, technological change, demographic shifts, rising populism and increased protectionism – are complex and numerous. Yet, none is as pressing as the increased use of geoeconomic tools in the big power competition between the United States and China. A

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Is Europe’s trade strategy fit for purpose?

February 10, 2021

[unable to retrieve full-text content]Christian Bluth, author of a new CEPR Press eBook on Europe’s trade strategy, tells Tim Phillips that nations are increasingly using global trade as a means of political arm-twisting. Should the EU do the same?
Download the free eBook here

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