Trade and trade agreements used to be relatively simple. Trade primarily meant trade in ‘made-here-sold-there’ goods, so 20th-century regional and multilateral trade agreements dealt primarily with barriers to goods crossing borders – especially tariffs. For governments, the key purpose of trade and trade agreements was to help their firms sell things.
Multilateralising 21st-century regionalism
Richard Baldwin, 20 January 2014
An EU-US trade deal: Good or bad for the rest of the world?
Aaditya Mattoo, 10 October 2013
The recent launch of negotiations on a transatlantic trade and investment deal has been widely welcomed. The prime minister of the UK, David Cameron, called it a “once-in-a-generation prize” and produced numbers on why everyone should be happy; gains of £100 billion for the EU, £80 billion for the US and £85 billion to the rest of the world.
European data protection: Impact of the EU data-protection regulation
Laurits R. Christensen, Federico Etro, 24 March 2013
Policymaking and regulation at the centralised level in a union of countries such as the EU require care. Policymakers must strike a careful balance between the benefits of the harmonisation of policies and the costs of accounting for the differing preferences of individual countries (see Dewatripont et al. 1995).
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
Cadot, de Melo, 16 June 2014