Insights
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Thoughts on EU Trade Policy After Ukraine
With the rapidity of events in the last month full analysis of the long-term implications of Russia’s invasion of Ukraine for global politics or economics feels premature, especially given the...
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Digital Sovereignty Revisited
In a recent LinkedIn post, my colleague Hosuk Lee-Makiyama asked why so many policymakers in Europe are concerned with digital sovereignty when the vast majority of value added in digital services is...
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Can China Make up for the West?
The Russian economy is in disarray. The Russian ruble is in free fall; sales of foreign exchange are banned; and foreign companies are fleeing Russia day by day. In a previous blog we showed the high...
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Russia Import Dependency Problem
There’s a lot of talk about Europe’s dependency on the Russian economy – especially the flow into Europe of oil, gas, grains, and some gases like neon. While it is important for Europe to break...
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The EU’s Industrial Strategy: Blessing or Curse for Knowledge-intensive Industries?
In March 2020, the European Commission published a White Paper outlining the cornerstones of a new European Industrial Strategy for a “globally competitive, green and digital Europe”. The...
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The Day When History Changed: Choices and Consequences for Europe’s Future Relation to Russia
There are days when history accelerates. February 24th, 2022, is one of those days. If the post-Cold War order had not ended before, Russia’s invasion of Ukraine was certainly the final nail in the...
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New Report Questioning Political Logic and Economic Assessment Behind EU DMA Proposal
Last week, the US government distributed an eight-point policy paper calling on the EU to reconsider its proposed Digital Market Act (DMA). The message was clear: "We think it is important that...
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The Phantom Menace that Threatens European Trade
This piece was co-authored with Isabel Pérez del Puerto, a journalist and communicator in financing for development. In the last quarter of 2021, fear of Covid-19 was temporarily overtaken by...
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The European Economy Searches for its Michelin Star
This piece was co-authored with Isabel Pérez del Puerto, a journalist and communicator in financing for development. Anyone who has tried knows all too well the challenge of preparing a...
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The Peculiar Case of DiDi: What Brussels Learns from China’s Crackdown on Ride-hailing Apps
Introduction On December 3rd, DiDi, the world’s largest ride-hailing app, announced it would delist from New York Stock Exchange (NYSE) and move its listing to Hong Kong, heeding the calls from the...