Insights
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2023 Will Be a Defining Year for Brexit and Trade
Notwithstanding endless discussions and early data, Brexit cannot yet be definitively declared a success or failure. Those who would point to trade deals and independent regulatory policy as signs of...
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The Tech and Trade Council: An Accident Report
Co-authored with Robin Baker Introduction As we approach the third ministerial meeting of the Trade and Technology Council (TTC), transatlantic relations have never been as fundamental to both...
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European Strategic Autonomy – Aim or Bane for Our Generation?
In September 2020, European Council President Charles Michel delivered a long speech on Europe’s “strategic autonomy, sovereignty, and power”. He concluded that “whichever word you use”, it...
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Could Friend-Shoring Stop Protectionism Undermining Trade and Climate Change Measures?
When considering trade rules and climate change, current developments point towards more protectionism, with the WTO’s role devalued, and progress in reducing emissions at the mercy of government...
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European Strategic Autonomy – What Role for Europe’s Fragmented Single Market?
30 years after the establishment of the European Single Market, regulatory convergence reversed or came to a halt in the EU. This lack of integration is the expression of a “Single Market...
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TTC and Pre-Empting the Next Transatlantic Tech War
Hosuk Lee-Makiyama and Robin Baker Admittedly, the trading relationship between the EU and the U.S. has never been an easy one. Since the late 1960s, commercial disputes and conflicting agendas...
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While We Look at the TTC Progress, a Risk May Rise Elsewhere
As top policymakers from both sides of the Atlantic gather near Paris on Sunday for the second ministerial meeting of the EU-US Trade & Technology Council (TTC), representatives will seek to find...
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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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On Ukraine: Why the Crisis May Actually Intensify New Globalisation Rather Than Scale It Back
In response to sanctions levied by the US after Russia’s invasion of Ukraine, Russia has effectively halted the supply of key rocket engines to the US. Since the 1990s, Russia has supplied 122...