The fact that companies increasingly expand to international markets and suppliers is hardly new, not least amongst SMEs.
And thanks to ‘big data’, unprecedented amount of information is available to firms on where to export, or choose their suppliers. Such decision-making on firm levels play an increasingly important role in economic flows. Yet trade policy rarely reflects reality: trade is thought of as taking place between countries, not firms; policies are still designed to maximise exports, and measured by surpluses in national accounts. Does this new reality call for a new way of thinking – in both data analysis and policy making?
– What type of analysis is now possible, thanks to real time and big data?
– Who are the leaders of SME or investment-led trade and firm-level market integration?
– How will a new trade policy that can improve the performance of EU firms?
Lucian Cernat (Chief Economist of DG Trade)
Gerald Santucci (Head of Unit, DG CNECT),
Ignacio Corlazzoli (Lead Specialist, Inter-American Development Bank)
Nicklas Lundblad (Director of EU Public Policy and Government Relations, Google)
Penny Naas (Vice President, Public Affairs, UPS)
Hosuk Lee-Makiyama (Director of ECIPE)
The seminar will be followed by a wine reception.