Robert Schuman Centre for Advanced Studies’ Post

❔ How are global #trade changes reshaping political landscapes? Explore with @benedicta marzinotto how Europe's 'China shock' influences radical right support by altering consumption patterns and societal divides. Register now to learn more 🔗👉 https://loom.ly/cVszG9Y

It’s easy to fall into the trap of believing that trade protectionism can remedy the unintended effects (whether credible or not) of globalisation. However, rising global protectionism is not a zero-sum game; its effects are multidimensional and complex. As Sergio P. Ermotti highlights in this piece featured in the Financial Times, the threats of deglobalisation are very real. These could disrupt capital flows, stifling innovation, reducing efficiency, and weakening competitiveness. We risk entering a lose-lose scenario in this era of deglobalisation. It’s crucial for policymakers to take a step back and reconsider the long-term efficacy of industrial strategies aimed at creating domestic champions: 1. How will these policies impact the global economy over time? 2. More importantly, how should liberal democracies craft their strategies in response to the political capitalism led by China? 3. Can the Chinese model of political capitalism be countered by emulating the very industrial policies being contested? The answers to these questions could define the future of not only liberal meritocratic capitalism but also global growth and stability. #deglobalisation #tradepolicy #liberalcapitalism #politicalcapitalism #policymaking

Free trade vs. Wild trade? An excellent unpacking of the return of “each nation first” mercantilism for healthfully resetting the world in pursuit of balanced trade to reduce the gaps of well-being among nations and populations.

While it may be tempting to dismiss the immediate impact of this US policy announcement due to the relatively small magnitude of trade being affected, doing so would overlook a broader point. This isn't just a one-off, narrow development. Internationally, it's part of a tit-for-tat between the two largest economic powers, a trend likely to intensify in the years ahead. Domestically, it's part of a broader shift in economic policy stance that also involves greater use of industrial policy. #economy #china #tariffs #trade #markets Financial Times

#Geopolitics 🌐Mohamed El-Erian do you think we are going back to a more Cold War thinking? As that is what some people believe, as the #deGlobalization was moving forward before covid . But as covid Supply chain constraints and shortages seem to Accelerate the movement for localized supply chains in everyone their own hemisphere . Trading blocks 🌍🌏🌎are being to build out Localized manufacturing , for 😷ppe and other sectors based on cost of energy . That can be see in the Mexican/ usa 🇺🇸 boarder states , the move of Manufacturing to South east Asia India , Vietnam , etc . Also the reformation of trading blocks based on Ideology such as aukus 🇦🇺🇬🇧🇺🇸, nato , the quad 🇦🇺🇮🇳🇯🇵🇺🇸, vs bricks movement , belt and road. Are we in great power Competition era ? more akin to https://lnkd.in/gBJuXue4 Crimean war or https://lnkd.in/gDewsDUb Russo, Japanese war Or pre wwi era Or https://lnkd.in/grYu766J Sino Vietnamese war

Economic integration and globalisation, the free flow of trade, with the United States at the helm: that is the economic order the world has known for decades. Today, the disintegration of the rules-based old world order is evident. https://lnkd.in/gRHxPMpK

As tensions rise once more, the possibility of a second trade war between China and former President Donald Trump looms large. The stakes are high, and the ripple effects could reshape global trade dynamics. 💼 How might this renewed conflict impact international markets, supply chains, and geopolitical alliances? Dive into our latest analysis to uncover the potential consequences for businesses and economies worldwide. 🔗 Read more to stay ahead of the curve and understand the far-reaching implications of this brewing economic clash. Visionary Vogues Magazine: www.visionaryvogues.com #TradeWar #GlobalEconomy #China #Trump #EconomicImpact #MarketTrends #BusinessNews #VisionaryVogues

Tune into the World Economic Forum discussion April 28, 202411:30–12:15(GMT+3) Domestic politics and geopolitical divides have infiltrated trade policy, injecting strategies such as friendshoring and greenshoring into national trade policies. While trade and cross-border investment remain critical drivers of economic growth and recovery, politics and geopolitical divides are having an adverse effect on the future of international trade and impacting the stability of supply systems worldwide. How can we stop this negative impact?

Amidst shifting geopolitics following the U.S. election, ongoing trade tensions, and evolving industrial policies, China's position in the global trading ecosystem is changing. Which countries are emerging as viable alternatives, and how will foreign firms and multinational corporations navigate a "China-plus-many" world in this new political landscape? Lazard's Ronald Temple, Siddharth Mohandas, and Apratim Gautam discuss where it's headed in Barron's. Read more: https://lnkd.in/eVRkeGF9

Amidst shifting geopolitics following the U.S. election, ongoing trade tensions, and evolving industrial policies, China's position in the global trading ecosystem is changing. Which countries are emerging as viable alternatives, and how will foreign firms and multinational corporations navigate a "China-plus-many" world in this new political landscape? Lazard's Ronald Temple, Siddharth Mohandas, and Apratim Gautam discuss where it's headed in Barron's. Read more: https://lnkd.in/eYbyRKF2