European Centre for International Political Economy (ECIPE)

Europe's ICT sector is a strategic asset crucial for national security and defence. The EU must reduce reliance on China, prioritise 6G and AI, and strengthen leadership in mobile communication. 📄 Read the full Policy Brief by Fredrik Erixon, Oscar Guinea and Dyuti Pandya ➡️ https://lnkd.in/dcFAvx9h Recent reports from the European 5G Observatory and Ericsson show the EU lags behind China and the US in the number of 5G subscribers. The EU also trails South Korea in the percentage of the population with 5G subscriptions. A GSMA Intelligence index ranked countries based on 17 indicators for 5G infrastructure and adoption. While Finland and Denmark performed well, most EU countries lagged behind advanced economies like South Korea, China, and the US. Replicating cloud infrastructure would entail extraordinary costs. From 2005-2022, the top five US companies invested €1.6 trillion, while the top twelve EU companies spent €221 billion, leaving a €1.36 trillion gap. The EU’s ICT sector ranks second in R&D investment at €34 billion, just behind the automotive industry at €36 billion in 2022. Excluding Germany, ICT becomes the largest R&D investor. Motor vehicle companies are increasingly focusing R&D on ICT innovations like vehicle connectivity. Larger EU countries invest more in private ICT R&D and defence R&D than smaller ones. Private ICT R&D spending significantly outweighs public defence R&D spending. For example, Germany, France, Spain, and Poland spent €19 billion on private ICT R&D compared to €4 billion on defence R&D. ✍ "The EU ICT sector can be characterised as a rich and varied ecosystem of companies. While they may not dominate vast swathes of the digital world, they are champions in their respective fields. This diversity is a strength."

💻 Yesterday, we hosted a webinar where we looked into how the EU and US have consistently promoted fast innovation and open markets in telecommunications. With current geopolitical significance, advanced telecommunications play a vital role in modern warfare and address concerns about competition from China affecting security structures. 🗣️ Dr Matthias Bauer moderated a conversation that featured Jonathan Barnett (USC Gould School of Law), Andrei Iancu (Sullivan & Cromwell LLP) and Fredrik Erixon. Watch the full event ➡️ https://lnkd.in/daPWCCip

📊 The World Intellectual Property Organization – WIPO Global Innovation Index 2024 places Switzerland and Sweden at the top for global innovation. 🇨🇭🇸🇪 These leaders continue to excel with unique strengths in their innovation journeys. "Switzerland and Sweden are undoubtedly more similar than different, yet Switzerland has consistently maintained a clear advantage in both prosperity and economic competitiveness. Sweden’s economic growth, which gained notable traction during the 1990s and early 2000s, seems to have slowed in recent years." ✍️ Andrea Dugo looks at the differences between the two countries in a new blog ➡️ https://lnkd.in/dUwCd4RF

🌍 The future of sustainability provisions in international trade agreements is on the agenda! How will the new US administration approach it? Will the EU regulate unilaterally? Join an insightful panel and the launch of the book "The Sustainability Revolution in International Trade Agreements". Speakers: 🗣️ Colin Brown - Head of Unit, Legal Aspects of Trade and Sustainable Development and Investment at DG Trade European Commission 🗣️ Emily Rees - President & CEO at CropLife International 🗣️ Antoine Oger - Research Director at Institute for European Environmental Policy (IEEP) 🗣️ Kathleen Claussen - Professor of Law at Georgetown University 🗣️ Geraldo Vidigal - Associate Professor at University of Amsterdam 🗓️ Thursday, 12 December 🕐 13:00 - 14:30 📍 Avenue des Arts 40 - 6th floor, 1040 Brussels, Belgium Limited spots available! Register now ➡️ https://lnkd.in/dn46QVZA 📖 Order the book here ➡️ https://lnkd.in/dZkbU3qE

Join our Director Fredrik Erixon for a conversation with John H. Cochrane (Senior Fellow at the Hoover Institution, Stanford University) as we explore inflation, deficits, and potential economic policies under a second Trump administration. What is happening to the economy in America and Europe? Price levels have gone up substantially in the past years – and while many want to declare an end to the cycle of inflation, have we really grasped what factors actually forced a sharp rise in prices? Early in 2023, the great economist John Cochrane released a new and profound book, The Fiscal Theory of the Price Level, that challenged classic explanations of inflation and deflation. With remaining high deficits in the US and growing deficit-debts problems in countries like France, what should we expect happen in the near future? All the countries in Europe suffering from low or no economic growth – what should they do? And yes – Trump! What economic policies are a second Trump administration expected to pursue, and how will they effect that state of the economy? 🗓 Thursday, 12 December 🕐 17:00-18:00 CET 💻 Online Register ➡️ https://lnkd.in/dVwci28R

Tomorrow at 15:00 CET, join us for an online discussion on cloud cybersecurity and EU competitiveness! 🌐🔐 We will explore the economic impacts of the EU Cybersecurity Certification Scheme, the EU-US ICT investment gap, and support for SMEs. Speakers: 🗣 Maxime Ricard, Policy Manager AI & Digital Policy, Allied For Startups 🗣 Marcus Corry, Director, Technology & Operations, AFME (Association for Financial Markets in Europe) 🗣 Damien Rilliard, Senior Director, EMEA Sovereignty Lead, Oracle The session will be moderated by our Director Dr Matthias Bauer. 🗓 Thursday, 5 December 🕐 15:00-16:00 CET 💻 Online Register ➡️ https://lnkd.in/dYRQjuUt

Having good relationships with neighbours is crucial, especially in times of uncertainty. With war in Europe and potential conflicts in Asia, the EU needs to strengthen ties with neighbouring countries. Read Philipp Lamprecht's full thoughts on how the EU should refocus on fostering good relations to maintain regional influence and improve policymaking ⬇️

📡 Join us tomorrow for an insightful webinar on the future of transatlantic telecommunication policies! 🌍 Explore the geopolitical significance, market challenges, and the path forward for innovation in the EU and US. Speakers: 🗣️ Jonathan Barnett - Torrey H Webb Professor of Law at the USC Gould School of Law. 🗣️ Andrei Iancu - Non-resident Senior Fellow at the Center for Strategic and International Studies (CSIS) and Partner at Sullivan & Cromwell LLP. 🗣️ Fredrik Erixon - Director and Co-founder of ECIPE. Session moderated by Dr Matthias Bauer, Director at ECIPE. 🗓️ Wednesday, 4 December 2024 🕒 15:00 - 16:15 CET 💻 Online Register ➡️ https://lnkd.in/d7NWAUeS

Main event this week, I'll be speaking at the Import Export Show on "A new global order – how a year of elections is reshaping international trade" - a lot to talk about there! Then attending a few other things including the first Christmas socials... hope to see a few friendly folk on travels https://lnkd.in/exTNU3QE

🗓️ #ECIPEMonthInReview This November, we released: 6️⃣ Blogs 2️⃣ Policy Briefs 3️⃣ Episodes of the Global Economy Podcast 1️⃣ Empires of Exceptionalism: Lessons from the EU AI Act and Attempts at AI Legislation in California "Lawmakers of other jurisdictions must not overlook the structural differences between state-level regulation in California and supranational governance in the EU." ✍️ Hosuk Lee-Makiyama and Claudia Lozano Rodriguez Policy Brief ➡️ https://buff.ly/3YTjHy8 2️⃣ Buckle Up – A Second Trump Administration and Europe "Europe now needs to take actions to prepare itself for a different development than in the past years." ✍️ Fredrik Erixon Blog ➡️ https://buff.ly/3YA7Fsi 3️⃣ King Donald and the New Right "What unites the new right is about regime – not policy. Its point of departure is, in a broad sense, postliberal." ✍️ Fredrik Erixon Blog ➡️ https://buff.ly/48C7qBq 4️⃣ Europe's Renewed Trade Policy Challenge "Respectable politicians have largely not dared to talk about modern economic realities. This has left open the way to populists to promise the earth and not worry too much about whether this is credible." ✍️ David Henig Blog ➡️ https://buff.ly/4efQFgB 5️⃣ What Lies Ahead in a Second Trump Administration? Fredrik Erixon welcomes Inu Manak to discuss the future of US trade policy post-election. Listen ➡️ https://buff.ly/4fIi5Nh 6️⃣ Moldova and Georgia – A Crossroads Between the EU and Russia Fredrik Erixon interviews Tengiz Pkhaladze on Moldova and Georgia's paths to EU membership. Listen ➡️ https://buff.ly/3AFw5sf 7️⃣ Donald Trump vs. the World Part II Fredrik Erixon and Frank Lavin discuss the potential impact of Trump's second term on foreign policy. Listen ➡️ https://buff.ly/3Zg4Azb 8️⃣ Europe and the Second Trump Administration: Uncertainties, Risks and Frictions in Trade and Technology "As Europe now ponders the next four years with Donald Trump in the White House, the dominant thought seems to be that he’s yet again got his eyes on Europe." ✍️ Fredrik Erixon Blog ➡️ https://buff.ly/3ZcRT8b 9️⃣ Europe's Misguided Obsession with Bureaucracy "While the EU and Member States tinker with regulatory details and symbolic gestures, Europe’s economy suffocates under unchecked bureaucracy and a tax burden that stifles growth." ✍️ Dr Matthias Bauer Blog ➡️ https://buff.ly/3ZhZAdo 🔟 Should Germany Abolish the Corporate Income Tax? "By setting a standard for fair and responsible tax policy, Germany can lead by example in a globalised market economy." ✍️ Dr Matthias Bauer Blog ➡️ https://buff.ly/3ZpVlwb 1️⃣1️⃣ Shared Liability: The European Parliament’s Misstep in Fighting Financial Fraud "Targeted and collaborative solutions, rather than broad liability extensions, can address fraud risks effectively while preserving innovation, competition, and consumer protection." ✍️ Dr Matthias Bauer, Andrea Dugo and Dyuti Pandya Policy Brief ➡️ https://buff.ly/49did5f