What is the future of the European Union?

Listen to the critics and you would think Europe was finished. Too bureaucratic, they say. Cannot agree on migration. Moving at glacial pace while Silicon Valley races ahead. It has become such a tired narrative that we have almost started believi...

The success of American companies and pension funds depends on international markets, giving the world leverage to keep the US on board for the energy transition.

Efficiency once defined competitiveness but resilience and trust now lead. David Bach shows why Europe’s leaders need optimism to unlock both.

The debate surrounding Chinese industrial policy has become a defining feature of the debate about trade policy. Trading partners routinely criticise China’s subsidies, raising concerns about cross-border spillover effects, price suppression, the ...

Moving the cogs in a country’s productivity system requires the right kind of talent. Let’s consider them the oil. The usefulness of this oil depends on all manner of inputs, such as the quality of the education system and the attractiveness of th...

This experiment is innovative because the tariffs are not the familiar, classic sectoral tariffs. A classic example is the US "chicken tariff," which successfully reshaped production and investment decisions in the sector. In contrast, tariffs cov...

This book is a vindication of Europe. It challenges the view of Europe as a tired, overregulated continent, arguing instead that Europe has emerged from decades of crisis—financial turmoil, Brexit, COVID-19, war in Ukraine—as a resilient, reformed...

Yesterday's document amounts to little more than an update on the price the EU is prepared to pay to retain some access to the United States’ market and the plan of action—such as it is—going forward. To paraphrase Churchill, this represents the e...

When policymakers start using internet slang to describe the economy, it is a sign something is not right. The word neijuan was once used by Chinese students to depict burnout from seemingly pointless competition. Now it is showing up in policy la...

The intensification of geopolitical rivalry has raised the frequency of references to weaponizing trade, arguably a form of economic statecraft. This chapter parses the concept of weaponizing international trade in goods, services, technology, and...