Peter Holmes, Julia Magntorn Garrett, Jim Rollo, 15 October 2020

The global economy appears to be shifting from a rules-based to a power-based trading system. This column argues that a high degree of coherence in the values projected by its member states can help the EU harness its soft power to promote its policy objectives externally. Using a similarity index to explore the coherence of trade-related aid objectives between the institutions of the EU and four key member states, it finds what the authors call a ‘positive complementarity’, whereby EU institutions and the member states currently promote similar but not identical aims.

Hélène Rey, 10 May 2019

Hélène Rey of London Business School and CEPR discusses economic challenges for Europe.

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