A service of the

Forum · Issue 1 · 2023
Tackling the European Energy Crisis

Forum · Issue 6 · 2022
De-Globalisation – A New World Order?

Forum · Issue 5 · 2022
The Return of the Eurozone Crisis?

Forum · Issue 4 · 2022
EU Enlargement in a New Light

Energy crisis
The Tale of the German Gas Price Brake

Isabella M. Weber, Thore Beckmann and Jan-Erik Thie argue that the gas price brake makes a critical contribution towards providing relief for households and alleviates cost pressure on firms while retaining incentives for consumers and businesses to save gas.

Editorial
Globalisation and Deglobalisation

Extreme inequality of assets, incomes and opportunities is the result of both globalisation and deglobalisation, writes Jayati Ghosh. National governments must provide a more progressive and equitable engagement to counter unjust, unhealthy and unhappy societies.

Energy crisis
An EU Price Cap for Natural Gas

The EU price cap has now become a paper tiger, argues Daniel Gros. But member states have created many new subsidies that the Commission should carefully monitor for their disincentive effect, and it should recommend that member states employ other social support measures instead.

Trade Policy
What Endgame for the Deglobalisation Narrative?

A narrative has taken hold on both sides of the Atlantic that contends that deglobalisation is happening or that it needs to happen. But, writes Simon J. Evenett, this narrative has the flimsiest foundation.

Geopolitics
What European Union in the “Age of Uncertainty”?

Isabelle Ioannides recognises that a world of risks and uncertainties can also be a world of opportunities and describes how the EU could build and capitalise on its political culture of consensus.

Biden and Trade
No Trade Policy, No-Trade Policy or Both?

Despite promising that the US would write the trade rules of the road for the world, the Biden Administration has been absent, writes Simon Schropp.

Quote of the Month

"[W]e need to find a better way to compensate the losers from globalisation so that voters re-engage through the democratic process with openness and benefit from the potential for increased prosperity that this holds"

Ben Zissimos

The End of the End of History: A Political-Economy Perspective

Current Issue

Volume 58
2023
Issue 1

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Figure of the Month

Global value chain participation in selected regions

The degree of integration of global value chains has declined since the global financial crisis. The decline has been much more significant for Germany, Europe’s exporting powerhouse, than for the US and China.