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Is the European Union Deforestation Regulation WTO-Proof?
The European Union Deforestation Regulation (EUDR) is set to take effect on 30th December 2024. While it aligns with EU’s climate goals under the...
What Mode of Supply Will Matter the Most for the Future of Services Trade?
This Policy Brief looks at the latest trends in services trade and tries to show their importance, in its various manifestations, for virtually all...
A Strategy for a Competitive Europe: Boosting R&D, Unleashing Investment, and Reducing Regulatory Burdens
The EU stands at a crucial economic juncture. Economic growth in Europe's mature economies has stagnated, with productivity and other indicators of...
On the Importance of Placebo and Nocebo Effects in International Trade
Trade agreements are powerful drivers of global economic integration, leading to increased trade flows between countries. Usually, trade agreements...
Trading Up: An EU Trade Policy for Better Market Access and Resilient Sourcing
Europe’s competitiveness could be substantially improved by a trade policy that facilitates more trade and other forms of cross-border exchange....
EU Autonomy, the Brussels Effect, and the Rise of Global Economic Protectionism
The Brussels Effect, once emblematic of the EU’s alleged influence in shaping global regulations, has now become a factor contributing to global...
The Art of the Mini-Deals: The Invisible Part of EU Trade Policy
Trade policy is usually defined by the kinds of deals it can strike. Typically, the attention is focussed either on big multilateral trade rounds or...
In Support of Market-Driven Standards
The EU published its new Standardisation Strategy in 2022. The strategy contains some good ideas to improve the way European standards are set....
Has Globalisation Really Peaked for Europe?
This paper builds on the recent arguments put forward by Richard Baldwin and others debunking the myth that we enter a period of de-globalisation....
Prosperity and Resilience: Diverse Production and Comparative Advantage in Modern Economies
A common version of trade theory suggests that countries will specialise in a limited number of products. Using the example of David Ricardo from...