The European Commission has just launched a public consultation on the future direction of EU trade policy. This VoxEU debate launches an online discussion of the Commission’s proposals. The first column, by DG Trade’s Chief Economist, presents the key elements of the new policy.
In some nations, the global crisis is morphing into the more classic form where the solvency of individual nations is on the line. Governments must react to such crises in a very different way than they did to the global financial crisis.