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Tag Archives: United States

Opening up digital platforms and reducing anticompetitive risks

The current convergence in measures to open up digital platforms leaves a door open to some form of international coordination. By: Georgios Petropoulos Date: September 22, 2021 Topic: Innovation & Competition Policy Regulation of online platforms in China, the European Union and the United States is, for first time, moving in the same direction: regulators are pushing platforms to open up their infrastructure to increase consumer choice and to give more options to their...

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When Martin Luther King, Jr., and Malcolm X met

Share the post "When Martin Luther King, Jr., and Malcolm X met" “Martin Luther King and Malcolm X Waiting for Press Conference” March 26, 1964. Library of Congress, via Creative Commons (Public Domain) Martin Luther King, Jr., and Malcolm X met only once, a chance encounter at the US Capitol on March 26, 1964. The two men were at the Capitol to listen to a debate over what would become the Civil Rights Act of 1964, a measure that banned discrimination in employment,...

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The Source of Our Restlessness

Share the post "The Source of Our Restlessness" Blaise Pascal, seated at his desk. Line engraving by J. Bein. “We just cannot get a break.” Surely that is the universal sentiment of the past year. Yet in trying to rationalize a catastrophic year, there is something we can do moving forward: stop guessing what will be the next catastrophe. For the sarcastic observers, “What will this month hold for us?” has become the new “Have you seen the weather?” This phenomenon...

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The Biden era: What can Europe expect from America’s new President?

With the election of Joe Biden as the next President of the United States, the transatlantic relationship is set to enter a new era. Effie G. H. Pedaliu examines what Biden’s presidency will mean for the EU and the post-Brexit UK. What can the EU expect realistically from a Biden presidency? An awful lot really. At a minimum, decorum, civility and predictability in a world of growing uncertainty. Anything more than this will depend, ultimately, on Europe. It can no longer expect the US...

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What should Europe expect from American trade policy after the election?

A Joe Biden Administration would have to decide to what extent to unpick the major United States trade policy shifts of the last four years. A quick return to comprehensive trade talks with the European Union is unlikely and the US will remain focused on its rivalry with China. Nevertheless, there would be areas for EU/US cooperation, not least World Trade Organisation reform. The European Union-United States trade and investment relationship remains the world’s most intensive even after...

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Trump’s International Economic Legacy

If Donald Trump loses the United States presidential election in November, he will ultimately be seen to have left little mark in many areas. But in the US's relationship with China, the decoupling of economic links could continue, and that could force Europe into hard choices. By: Jean Pisani-Ferry Date: September 29, 2020 Topic: Global Economics & Governance This opinion post was originally published in Project Syndicate. It would be foolish to start celebrating the end...

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Is the United States reneging on international financial standards?

The new Fed rule is a material breach of Basel III, a new development as the US had hitherto been the accord’s main champion. This action undermines the global order without being ostensibly justified by narrower considerations of US national interest. The financial shock surrounding the COVID-19 pandemic has prompted the US Federal Reserve to temporarily loosen an important capital-to-asset ratio requirement for American banks. In so doing, the US is walking away from a decade-long...

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Explaining the triumph of Trump’s economic recklessness

The Trump administration’s economic policy is a strange cocktail: one part populist trade protectionism and industrial interventionism; one part classic Republican tax cuts skewed to the rich and industry-friendly deregulation; and one part Keynesian fiscal and monetary stimulus. But it's the Keynesian part that delivers the kick. By: Jean Pisani-Ferry Date: January 29, 2020 Topic: Global Economics & Governance PARIS – Since he was elected US president, Donald Trump has done...

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Will Iran disrupt the global economy?

Last Friday, Qassem Soleimani, head of the Iranian Revolutionary Guards’ QUDS force, was killed by an American airstrike outside Baghdad airport. The Ayatollah was not pleased and Tehran has promised to retaliate. At the time of recording, the world is still waiting to see how Iran might respond. Some of have speculated that they could disrupt the world’s oil markets by closing the Strait of Hormuz, which acts as a vital artery for around a third of the world’s liquefied natural gas and...

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Could the U.S. economy be experiencing a hidden tech-driven productivity revolution?

In the last decade, most advanced economies have grown more slowly than before. Slower growth has frequently been seen as a legacy of financial crises, especially that of 2007–2009.In the last decade, most advanced economies have grown more slowly than before. In Japan, a slowdown began in the 1990s. Slower growth has frequently been seen as a legacy of financial crises, especially that of 2007–2009. Indeed, shocks generated by that crisis in particular include a far reaching financial...

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