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Tue, Dec 22, 2020

The global economy in 2020, by the numbers

The pandemic has made this a historic year for the global economy, now beset by a recession the likes of which we haven’t seen since the Great Depression. To make sense of it all, our GeoEconomics staff and senior fellows have selected the numbers behind the headlines, organized around our three pillars of work, that best capture the global economy’s journey in 2020—and what lies in store for 2021.

New Atlanticist by GeoEconomics Center

Economy & Business Future of Work

Fri, Sep 18, 2020

Trade flows in the age of automation

Innovative digital technologies will alter global value chains (GVCs) in the decade following COVID-19. As new technology re-shapes the nature of services trade, entire value chains will be disrupted. With trade in services growing 60 percent faster than that of goods, it is clear that the impact of new digital technologies will be widespread.

Report by Jack Daly, Nick Brown

Economy & Business Internet of Things

Mon, Jul 27, 2020

Two years after Rose Garden deal, Europe prefers to wait it out

Two years after the Juncker-Trump summit, a realistic scenario for transatlantic trade discussions in the next few years is progress on minor aspects. Think of lullaby topics like closer alignment of insurance regulation. With such political uncertainty, policymakers on both sides of the Atlantic will hope for agreements that the press tunes out quickly and make sure that farmers do not block the access roads to Paris.

New Atlanticist by Bart Oosterveld

European Union Eurozone

Bart Oosterveld is an independent advisor to companies and governments in the areas of macroeconomic, credit, and country risk. He was Director of the Global Business & Economics Program at the Atlantic Council until December 2019. In the latter capacity, he led the Council’s work on global trade, growth, and finance, including the Council’s flagship EuroGrowth and Economic Sanctions initiatives.

Prior to joining the Atlantic Council in November 2017, Mr. Oosterveld worked at Moody’s Investors Service for almost two decades. In his most recent role as chief credit officer, Mr. Oosterveld was responsible for the credit strategy in the Americas across all asset classes. Between 2010 and 2014, Mr. Oosterveld served as the rating agency’s global head of sovereign ratings. Among other positions, he served as chair of the company’s Macroboard, its chief credit officer for governmental ratings, as well as management representative to the Moody’s Corporation’s board of directors.

Mr. Oosterveld graduated with degrees in the philosophy of law and the history of Spanish literature from the University of Amsterdam. He holds master’s degrees in public policy from Columbia University and in economics from Georgetown University. He speaks Dutch, Spanish, English, German and French.

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