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Bremain vs Brexit

Jun 9, 2016

Britannia, Rule the Trade!

By Nathaniel Rome & TK Spandhla

The decades following World War II experienced an explosion of global trade. The annual growth rate of global exports averaged 8 percent in the 1950s, 9 percent in the 1960s, and 20 percent in the 1970s (World Trade Organization). During this boom of global trade, the volume of UK exports grew in absolute terms. However, up until the mid-1970s, the UK trade growth lagged behind the global average.

Economy & Business European Union

EconoGraphics

Jun 1, 2016

Not The Time to Falter: Economic Sanctions Against Russia

By Alvaro Morales Salto Weis

As the European Union (EU) prepares to unanimously extend its economic sanctions on Russia when they expire on July, it is a good opportunity to take a closer look. After Russia´s illegal annexation of Crimea and interference in Eastern Ukraine, the U.S. and the EU enacted economic sanctions in a coordinated manner, which were followed by other Allies and partners like Canada and Australia.

Economic Sanctions Economy & Business

EconoGraphics

Apr 13, 2016

Europe’s Path to Budget Equilibrium

By Alvaro Morales Salto Weis & TK Spandhla

The European Union’s 28 member nations are required by Stability and Growth Pact to keep their budget deficits to within 3 percent of GDP. According to the European Commission forecast (as of winter 2016) six countries will exceed this level in 2016: the U.K., France, Spain, Greece, Croatia and Portugal. Romania will post a deficit at the threshold. This is an improvement from 2009 and 2010, when no fewer than 22 EU countries overstepped the deficit limit.

Economy & Business European Union

Ole Moehr is a nonresident fellow and consultant with the Atlantic Council’s GeoEconomics Center. Previously, he served as the GeoEconomics Center’s associate director. In Moehr’s current capacity, he contributes to the center’s future of money work and conducts research on global finance, growth, and trade. As lead editor of the center’s Global QE Tracker, which visualizes central banks’ complex responses to the different economic shocks in the post-COVID world, Moehr helps deliver the Atlantic Council’s timely take on important issues pertaining to the global economy. Moehr’s project portfolio includes work on global monetary policy, central bank digital currencies, global value chains, the European Union’s economic architecture, and economic sanctions. His analysis and commentary have been featured in Axios, the New York Times, and Euronews, among others.

Prior to joining the Council, Moehr served as a Brent Scowcroft Award fellow at the Aspen Institute. He holds a master’s degree in international economics from the George Washington University’s Elliott School of International Affairs and a bachelor’s degree in global governance and public policy from the University of Passau in Germany.