The EU’s Old School Approach to Russian Oil
Over the last two years, the European Union has innovated in a remarkable fashion to strengthen both its internal and external roles as an economic actor. As the EU struggles …
The Potential Role of the U.S.-EU Trade and Technology Council in a Rapidly Changing Global Economic Order
In an important speech on April 13, U.S. Treasury Secretary Janet Yellen stated that “…the war between Russia and Ukraine has redrawn the contours of the world economic outlook.” Amid …
The West Should Stay Focused on Geoeconomic Rivalry with China
As China leveraged its state capitalist model to become a global superpower, it increasingly challenged the market-oriented basis of the liberal economic order founded by the United States and its …
Unforeseen Challenge for Germany’s G7 Presidency: Time for a Comprehensive Perspective
The Problem of Thinking in Silos In January 2022, the German government published its policy priorities for the G7-Presidency of this year. They are sensible and well placed. In fact, …
Why Some German Companies Are Struggling with the Ukraine Sanctions
Until Russia’s military invasion in Ukraine, many German companies used to have close ties with Russian companies and institutions. Some of them stem from the time of the USSR when …
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Revoking Russia’s Trade Privileges
The System Worked Last Friday, the G7 and the European Union decided to revoke Russia’s “most favored nation” (MFN) status, or what is called “Permanent Normal Trade Relations” in the …
Rules or Tools?
The World Trade Organization, the hundreds of bilateral and regional trade agreements, and the more informal norms, principles, and frameworks that together form the global trading system are consistently referred …
Will France Lead the EU to More “Autonomy”?
To mark the start of France’s six-month presidency of the European Union, President Emmanuel Macron and European Commission President Ursula von der Leyen honored two French citizens at a January …
Germany’s China Policy Moves Past Merkel
As Germany’s Merkel era ended, her brand of engagement-driven China policy seems also to have been consigned to history. The writing was already on the wall after the China-EU Comprehensive …
Germany Emerges from Economic Realpolitik
The 178-page coalition agreement announced last week by Germany’s next government comprised of the Social Democrats (SPD), Greens, and Free Democrats (FDP) and called “Alliance for Freedom, Justice, and Sustainability” …
One Year after U.S. Elections: What Is the Status of the Transatlantic Trade Relationship?
Honeymoon Is Over, But Both Sides Committed to Make It Work One year ago, all of us in Europe were eagerly waiting for the results of the U.S. elections. The …
The Trade-Climate Nexus and the Future of the Global Trading System
Ahead of the UN Climate Change Conference (COP26) and the World Trade Organization Ministerial Conference, both in November 2021, Geoeconomics Program Director Peter Rashish authored a report for the Konrad …
