Economic Policy Foreign Trade and International Economic Relations

Germany’s Strange Turn Against Trade

This article was first published on Project Syndicate on June 6, 2016.

The window of opportunity to complete the Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union is closing quickly. National elections will be held this year and next in the US, France, and Germany, and the campaigns will play out in an environment that is increasingly hostile to international agreements in any form. The biggest risk might come from the least likely source: … [continue reading]

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Foreign Trade and International Economic Relations

EU-US free trade deal could be costly

Published in Financial Times (21st of February 2013)

There is a lot of hype about the prospects of an EU-US free trade agreement, especially in the wake of Barack Obama’s State of the Union address last week. Supporters point to the benefits such an agreement could bring to both economies. Yet the costs are likely to outweigh the benefits. Most importantly, a transatlantic deal will undermine multilateralism, in particular the long-overdue completion of the Doha round, and weaken multilateral institutions … [continue reading]

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