Global Economy, Competitiveness, Government Policy, Economic Environment, Regional Economic Integration, Money & Finance, Currency
This report surveys four types of proposals aimed at solving the EMU’s various crises. Only one of the four stands a realistic chance of being implemented in the next decade. What the EMU needs is an immediate implementation of a set of minimal conditions for the survival of the common currency. The paper delves into individual policy planks and assesses their chances of adoption in the next decade. The common currency faces long odds of survival beyond the next few years.
Risk aversion, high unemployment, growth slowdowns, recessions, and geopolitical crises in key global economies are just a few of the factors holding back global growth. Overall, tighter financial conditions are leading to stock market corrections and a loss of confidence.
In an era full of “unthinkable” events, the world is now confronted with what might become the largest change in the global economic order since the end of the Cold War. Stemming from a close and angry UK election, we all woke up last Friday morning to find that the world’s fifth-largest economy
After multiple holdups, a new trade agreement has been reached between the EU and Canada. The Comprehensive and Economic Trade Agreement (CETA), for which negotiations began in 2009, was signed on October 30 after the EU bridged differences among some constituencies.
The U.S., meanwhile, has not concluded a trade deal since 2012, despite having two in the works for years. What’s holding them up?
Germany and the U.S. continue to drive innovation around the Industrial Internet. The two countries are economic powerhouses and they are keenly aware of the importance of internet connectivity for business applications. Yet their approaches to harnessing it differ, as I documented in a 2015 report. What’s changed since then?
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