News
How can Europe lead a "coalition of the middle powers?
1+ hour, 48+ min ago (177+ words) The 20 January Davos'speech by Canadian Prime Minister Mark Carney calling for a "coalition of the middle powers" resonated with many countries looking for ways to regain stability in the international order. At the 4 May European Political Community'meeting, Carney directly called…...
The hidden meaning of the Trump-Xi meeting
2+ day, 18+ hour ago (82+ words) Bruegel Beijing to push Trump on Taiwan, with potentially global consequences President Donald Trump will be in a weak position when he travels to China in mid-May for crucial talks with Xi Jinping Trump has played his cards before China…...
Challenges to the integration of the Western Balkans into European Union supply chains
2+ day, 23+ hour ago (127+ words) Western Balkan EU integration has deepened, yet rising non-tariff barriers and new EU rules keep trade costs high despite zero tariffs We thank Bruegel Senior Fellow Ignacio Garc'a Bercero for his review, participants in the Bruegel research meeting for their…...
Revamping Europe's chips strategy: indispensability, not self-sufficiency
4+ day, 19+ hour ago (431+ words) In revising the European Chips Act, the European Commission should seek to make the EU an indispensable partner in the semiconductor value chain Adopted in 2023 in the wake of pandemic-era supply-chain shocks, the European Chips Act (Regulation (EU) 2023/1781) was intended…...
How to move beyond Europe's reduced-responsibility model
5+ day, 23+ hour ago (111+ words) To find new innovation trajectories in an uncertain world, the EU should play to its strengths, especially its social model Open geopolitical rivalry and aggressive strategic models are bound to produce more frequent and intense global shocks. Importantly, this shift…...
Leading in spending, lagging in innovation: German defence procurement compared to the UK and Poland
6+ day, 2+ hour ago (206+ words) This report shows that orders have grown rapidly in frequency, size and number since the start of Russia's full-scale invasion of Ukraine Published by the Kiel Institute for the World Economy as Kiel Report 8. We also show that across all…...
How important is political risk for investors and policy makers?
1+ week, 4+ hour ago (183+ words) Political risk has roughly doubled in importance as a driver of global financial markets since the early 2000s. Warnings of a rupture in the global order are being taken seriously by investors, who are attempting to mitigate their exposure. Political risk…...
Understanding the global clean tech manufacturing slowdown
1+ week, 1+ hour ago (425+ words) This is the first of a series of Bruegel-Rhodium Group quarterly briefings to compare clean tech deployment and manufacturing trends across Europe, the United States and China. It follows a first series of four pieces comparing trends across Europe and…...
Beijing to push Trump on Taiwan, with potentially global consequences
1+ week, 3+ day ago (472+ words) Bruegel Few trips to China by a United States president have been accompanied by as much expectation and uncertainty as Donald Trump's upcoming visit to Beijing, on 14-15 May. Trump needs a deal with China he can sell as a victory…...
Who controls the defence industry?
1+ week, 3+ day ago (142+ words) The defence industry is gaining importance in Europe, but the methods by which states exercise control over it are varied and poorly understood Defence markets exhibit extreme asset specificity and bilateral monopoly. Transaction-cost economics predicts state ownership or control in…...