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Global Economic Dynamics
Newsletter of December 2015
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We help make complex economic dynamics transparent and understandable. The project examines the causes and effects of economic trends, as well as the connections linking one trend to another.
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Video
Leaving the EU… wouldn’t all Britons benefit from that? They would be independent from any of Brussels’ regulations. The United Kingdom wouldn’t have to ship off millions of pounds to Brussels and could use these for their own priorities. Britons wouldn’t have to carry the can for other countries’ failures and pay for them. And Britain could set its own trade agreements with the rest of the world. read more
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Video
Pascal Lamy (former Director-General at WTO) spoke on the three generations of trade agreements (“jurassic”, “modern” and “futuristic”) at the GED sponsored “Multilateral Regionalism and Emerging Markets - Opportunities and Risks in Global Trade” panel at the Global Economic Symposium in Kiel.
Pascal Lamy started by pointing out that opening trade leads to welfare improvements, assuming the fullfilment of a number of conditions. Thus, the important question is – according to him – how to remove obstacles to trade? read more
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Event
On October 14th, the Bertelsmann Stiftung hosted a session on “Multilateral Regionalism and Emerging Markets - Opportunities and Risks in Global Trade” at the Global Economic Symposium in Kiel. Session speakers included Andreas Esche (Director, Shaping Sustainable Economies Program in the Bertelsmann Stiftung); Joseph Francois (Managing Director, World Trade Institute); Bernard Hoekman (Professor, Robert Schumann Centre for Advanced Studies); Pascal Lamy (honorary president, think tank Notre Europe and former Director-General, WTO) and Petra Pinzler (Berlin Correspondent, DIE ZEIT). read more
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Study
Since the start of the 21st century, Germany has been generating high export and current account surpluses. But something that Germany has welcomed as a success that secures jobs is being increasingly criticized by the rest of the world. Especially in the rest of Europe, accusations are growing louder that German exports are displacing domestic products and thereby fueling unemployment in those countries. What are the causes and consequences of Germany’s export surplus? What are potential ways to reduce it? read more
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Study
Our study on the economic impact of the Trans-Pacific Partnership agreement (TPP) adds important findings on the impact of TPP for both its members and for, those not a party to the agreement.
This trade pact was recently signed by the US and 11 other Pacific Rim economies (Australia, Brunei, Chile, Canada, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam), representing some 37% of the world Gross Domestic Product (GDP), 10% of world population and 20% of world trade. read more
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Video
Nobel laureate Joseph Stiglitz spoke with GED’s Uli Schoof during a recent trip to Berlin regarding trade agreements, tariffs and transparency. In this part of the interview, Stiglitz talks about the two major multi-lateral agreements, TPP and TTIP and who they benefit. Stiglitz covers Big Pharma and intellectual property rights and discusses who benefits from the lack of transparency which has dominated the public’s perception of the negotiation of these agreements. read more
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Video
Talking in Berlin recently with the GED team’s, Uli Schoof, Professor Joseph Stiglitz shared an American perspective on inequality. In this fascinating interview, Stiglitz spoke of the changing U.S. economy and how reality has caught up dispite cultural optimism with the reality of the broken American Dream. Growing anger, the out-of-touch-with-reality American right and two generations of declining living standards are all discussed in this interesting narrative from a preeminent U.S. economist. read more
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Video
The GED team’s, Uli Schoof sat down with Nobel laureate, Joseph Stiglitz recently to get his views on inequality, inclusive growth and free trade. In the resulting interview, Professor Stiglitz shared his thoughts on the “American Dream”, multi-national trade agreements and the failure of “Trickle Down” economics while contrasting the European and North American Response to the financial crisis. read more
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Event
On September 16th, the Bertelsmann Stiftung invited Prof. Joseph E. Stiglitz, Nobel laureate in Economics and Prof. Dr. Christoph Schmidt, Chairman of the German Council of Economic Experts in order to discuss the question: “Inclusive Growth and the Social Market Economy – Do we Need a New Promise of Prosperity?”. read more
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Job Vancancies
The Bertelmann Stiftung's Global Economic Dynamics Project is seeking a Project Manager and an Intern. read more
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About Global Economic Dynamics (GED):
We help make complex economic dynamics transparent and understandable.
The project examines the causes and effects of economic trends, as well as the connections linking one trend to another.
Andreas Esche
Director, Program Megatrends
Bertelsmann Stiftung
Carl-Bertelsmann-Str. 256
33311 Gütersloh
Germany
Tel: +49 5241 81-81333
Fax: +49 5241 81-681333
E-mail: ged@bertelsmann-stiftung.de
Web: www.bertelsmann-stiftung.de
The Bertelsmann Stiftung, based in Gütersloh, Germany, is a nonprofit, private
operating foundation in accordance with Section 1 of North Rhine-Westphalia's Foundation Law.
The district government of Detmold serves as its supervisory authority.
Founder: Reinhard Mohn
Chairman of the Board of Trustees: Prof. Dr. Werner J. Bauer
Executive Board: Dr. Ralph Heck (Chairman), Dr. Brigitte Mohn, Prof. Dr. Daniela Schwarzer
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