,

Conference on the 30th Anniversary of the Establishment of the Single Market

7 December 2022, Prague

Call for papers


 

The Czech Presidency of the EU and the European Commission’s Directorate General for Internal Market, Industry, Entrepreneurship and SMEs will organise a Conference on the occasion of the 30th Anniversary of the Establishment of the Single Market.

The conference will be held in person in Prague, Czech Republic, and virtually in a hybrid format. It will bring together top researchers from academia and policy makers from EU and national institutions to present research findings and policy insights related to the Single Market.

Topics of interest for the contributing papers include:

  1. Integration in the single market
    • Long-term trends in integration, along the four dimensions of goods, services, labour, capital; with a focus on major milestones and future outlook.
    • Opportunities and challenges to further integration, including forward looking topics (potential of further integration in services; impact of removing specific restrictions; impact of digitalisation.
    • New, enlarged concept of enforcement: beyond remedial (infringement proceedings), also preventive (notifications) and collaborative (Single Market Enforcement Taskforce – SMET)/package meetings, instruments.
    • Productivity, market size and product differentiation.
    • Distributional and labour market effects of integration (income and purchasing power; wages and mobility).
  2. The external dimension of the single market
    • International value chains and open strategic autonomy: what role for the single market?
    • Assessing the changing weight of the single market in the global economy: attractiveness, competitiveness, model and standard-setter for the world.
    • Crisis management through single market and resilience to external shocks.

Application process

Authors interested in presenting their research should submit their papers to [email protected]. The deadline for submissions is Monday, September 26, 2022. Authors of accepted papers will be notified of acceptance by Friday, October 28, 2022. Presenters should plan to present in person. All papers presented at the conference will be posted on the websites of the European Commission’s Directorate General for Internal Market, Industry, Entrepreneurship and SMEs.

More information

Further information: should you have any questions, please contact [email protected]. In-person attendees will need to follow any relevant COVID-19 protocols for entry in place at the time of the conference.

Maria Bas, Ana Fernandes, 26 April 2022

The war in Ukraine has dramatically revealed the vulnerabilities of relying heavily on single foreign suppliers, following on from the COVID shock’s disruption of global value chains. This column presents evidence confirming the costly export shock for products with higher reliance on foreign inputs, and on China as the main input supplier, during the pandemic. In particular, the difficulties in producing remotely highlighted the vulnerability for products with a lower degree of complexity that rely on unskilled labour. Future resilience requires smart diversification and exploitation of working-from-home production.

Richard Baldwin, Rebecca Freeman, 06 April 2022

Supply disruptions caused by systemic shocks such as Brexit, Covid, and Russia-Ukraine tensions have catapulted the issue of risk in global supply chains to the top of policy agendas. In some sectors, however, there is a wedge between private and social risk appetite, or increased risks due to lack of supply chain visibility. This column discusses the types of risks to and from supply chains, and how supply chains have recovered from past shocks. It then proposes a risk-reward framework for thinking about when policy interventions are necessary.

Tobias Korn, Henry Stemmler, 31 March 2022

The war Russia is waging against Ukraine has already halted most of Ukraine’s production capabilities. Similarly, the sanctions raised against Russia by the international community end decades of economic cooperation across several economic sectors. This column draws on empirical evidence from over two decades of civil wars across the world to inform the debate on how international supply chains will adjust to the economic disruptions brought by violence, and how likely it is that the international economy will ever return to the pre-war situation.

,

CEPR and the Bank of England are delighted to invite you to the upcoming online speech:
 

International trade, global supply chains,
and monetary policy

Silvana Tenreyro, Member of the Monetary Policy Committee, Bank of England

 

Moderated by:
Beata Javorcik, Chief Economist, European Bank for Reconstruction and Development, and CEPR

Monday 25 October

09h00 - 10h15 EDT (New York)
14h00 - 15h15 BST (London)
15h00 - 16h15 CEST (Paris)

Supply chains have dominated the news in recent months. Shortages of food, petrol, and materials have made people acutely aware of how the goods and services they rely on every day reach them.
 
In this speech, moderated by Professor Beata Javorcik, Professor Silvana Tenreyro will explain what supply chains are, why they matter, and analyse their growing importance to the global economy over recent decades. She will also discuss the implications supply chain disruptions have for policy making. Her talk will first look at trade policy, where the benefits of re-shoring business are being assessed against the benefits of diversifying supply chains. Next, it will address the role supply chain disruptions have on inflation, and how monetary policy can respond.
 
Silvana Tenreyro is a member of the Bank of England's Monetary Policy Committee, Professor in Economics at the London School of Economics and a Research Fellow of CEPR.

Beata Javorcik, Chief Economist at the EBRD and Programme Director of CEPR's International Trade and Regional Economics Programme Area, will introduce and moderate the session.

Register online: https://cepr-org.zoom.us/webinar/register/3916348134916/WN_nmwbKIHCSxqnD...

Katherine Stapleton, Michael Webb, 12 December 2020

There has been much speculation that automation in high-income countries will lead to reshoring of production from lower-income countries or further reduce offshoring. Using rich data on Spanish manufacturing firms between 1990 and 2016, this column studies how automation in Spanish firms affected imports and multinational activity involving lower-income countries. It shows that, contrary to the typical assumption, the deployment of robots in Spanish manufacturing firms actually caused them to increase offshoring to lower-income countries. This effect was mainly caused by firms starting to newly offshore as a consequence of automation.

Ayça Tekin-Koru, 14 May 2020

The strict and prolonged age-specific containment measures in Turkey have both reduced infection/death rates and enabled less strict restrictions for the lower-risk groups. This column reviews Turkey’s response and examines the real-time effects of the COVID-19 crisis on production in Turkey. If finds that the targeted containment measures appear to have helped reduce a contraction in production that could have been much worse with a uniform lockdown. It also finds that the major brunt of the health crisis in terms of its human costs has been borne by the working class.

Kemal Kilic, Dalia Marin, 10 May 2020

In the wake of the Global Crisis, uncertainty in the world economy led many firms to reassess their business models. Rather than relying on global supply chains, an increasing number of firms invested in robots, which prompted a renaissance of manufacturing in industrialised countries. This column argues that changes in the world economy due to COVID-19 make a V-shaped recovery from the coming recession unlikely. Instead, COVID-19 will accelerate the process begun after the Global Crisis by encouraging firms to re-shore activity back to rich countries.

Christopher Woodruff, 30 April 2020

Low-income countries lack the resources to replicate European-style income support programmes to alleviate the economic impact of COVID-19 lockdowns. In Bangladesh, a key challenge will be to support export-oriented production in the ready-made garment sector, which employs 4 million workers. Whether factories retain or lay off workers in response to government policies – and whether the health crisis escalates into a humanitarian crisis or not – depends crucially on decisions of foreign apparel buyers to honour or drop commitments to previously agreed orders.

Fernando Leibovici, Ana Maria Santacreu, Makenzie Peake, 13 April 2020

The COVID-19 pandemic is creating a massive shortage of medical equipment. To face the health crisis, the US needs to increase its supply of protective equipment, and equipment needed to treat infected patients. This column studies the extent to which the US relies on other countries to supply its demand for critical medical goods. Given its heavy reliance on other countries also affected by COVID-19, the US might need to urgently design policies to boost its production of these goods.

Yasuyuki Todo, Yuzuka Kashiwagi, Petr Matous, 19 November 2018

Global producers, service providers, and international financial institutions are becoming increasingly intertwined through expanding supply chains. This column uses new firm-level data on the impact of Hurricane Sandy in 2012 to examine how economic shocks are propagated by global supply chains. While the hurricane’s negative shock appeared to propagate among firms within the US, the shock does not seem to have spread internationally. The findings suggest that access to global opportunities and to alternative partners can be a source of resilience against disaster shocks for internationalised firms.

Lianming Zhu, Koji Ito, Eiichi Tomiura, 28 January 2017

We still know little about how firms alter their global sourcing patterns when facing uncertainty and shocks. This column uses Japanese firm-level data compiled after the Great East Japan earthquake of 2011 to show that firms in affected areas reacted immediately by offshoring more, but that this affect was significant only in the manufacturing sector. Policies to facilitate offshoring would support such emergency responses in future.

Bart Los, Marcel Timmer, Gaaitzen De Vries, 11 May 2014

Global value chains play an important role in many nations’ globalisation and development policies. Using a new indicator based on a global dataset – the World Input-Output Database – this column shows that international production networks have, since 2000, spread across regional blocs faster than they have spread within them. ‘Factory World’ is still a work in progress, but the construction is progressing rapidly

Pascal Lamy, 18 December 2013

The emergence of intra-firm trade as the primary component of international trade reflects a global interdependence in the production process. In this column the former Director-General of the WTO argues that this necessitates a re-examination of how we think about – and how we measure – trade between nations. Interdependence allows different sectors to add value, and complicates the implementation of trade barriers. Only with a modern perspective can effective trade policy be conducted.

Masahisa Fujita, 18 November 2013

A major feature of globalisation in the last decades has been the emergence of global supply chains, especially in Asia. This column explains how supply chains may increase the risks of shock contagion across countries. It shows how the earthquake and tsunami in Japan, and the floods in Thailand had ripple effects on the Japanese automobile industry across countries. It suggests that greater international cooperation, such as the development of sister industrial clusters, is one way to mitigate the risks.

Hubert Escaith, Robert Teh, Alexander Keck, Coleman Nee, 28 April 2011

The consequences of the tragic disaster in Japan are many. This column examines the trade effects. It suggests that Japanese exports will fall by 0.5–1.6% and its imports will rise by 0.4–1.3%. Despite the devastation in Japan, the effects on global trade will be relatively small.

Blogs&Reviews

Vox eBooks

Vox Talks

Events

CEPR Policy Research