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Sun, Jul 26, 2020

How much money is the G20 spending?

Our new fiscal firepower heat map, updated through June, shows how G20 COVID-19 crisis spending now compares to the Global Financial Crisis. While nearly every country is spending significantly more than a decade ago, China is still spending less.

EconoGraphics by Global Business and Economics Program,

China Economy & Business

Thu, Jul 23, 2020

The future of global supply chains post COVID-19

The impact of the COVID-19 pandemic is reverberating throughout economies across the globe. As states begin to recover, a key question for the post-pandemic order is to what extent existing high-tech supply chains will be reshuffled or uprooted, particularly amid intensifying strategic competition between the United States and China.

Blog Post by Asia Security Initiative and Global Business and Economics Program

China Economy & Business

Wed, Jul 22, 2020

EU deal is a win-win for all sides

The €1.8 trillion agreement was the subject of intense debate over several days, but in the end European leaders reached a compromise that is a win-win for all sides and will strengthen the EU’s economy and political stability during turbulent times.

New Atlanticist by Antonio de Lecea

Coronavirus European Union

Wed, Jul 22, 2020

As candidates to be the next WTO leader call for reform, destructive subsidy practices must loom large

The director general race likely must run its course before a group of WTO Members can press ahead to launch a new negotiation on subsidies. But the WTO cannot afford to be on the sidelines for long.

New Atlanticist by Mark Linscott

International Organizations Trade

Tue, Jul 21, 2020

Busch in The Hill: US trade policy milks America’s dairy farmers

Marc Busch writes that for Congress to get US dairy products the same tariff treatment in Japan as those from other markets that it wants, the only solution is for the US to match the free trade deals other countries have built.

In the News by Marc L. Busch

Americas Economy & Business

Tue, Jul 21, 2020

Experts react: European leaders reach decisive coronavirus recovery agreement

"The agreement is a historic achievement leading to more solidarity in the European Union to respond the economic fallout of the coronavirus," Benjamin Haddad says.

New Atlanticist by Atlantic Council

Coronavirus European Union

Tue, Jul 21, 2020

To pave the way for a sustainable recovery, show the data

There is a disconnect between a continued focus on traditional metrics judging economic growth on the one hand and the absence of sustainability metrics being presented to policymakers

New Atlanticist by Valerie Rouxel-Laxton

Coronavirus Inclusive Growth

Mon, Jul 20, 2020

Earnings season highlights pandemic challenges for banks

Earnings reports from the week of July 13 by major US banks featured record losses related to non-performing loans and insights into how the banks plan to manage the upcoming year in terms of additional reserves.

New Atlanticist by Bart Oosterveld

Coronavirus Macroeconomics

Wed, Jul 15, 2020

US opens door to Nord Stream II sanctions and transatlantic tensions

While nominally targeting Nord Stream II, Pompeo's sanctions announcement may pit the United States against its NATO ally Germany in a stand-off over the long-disputed project.

New Atlanticist by Brian O'Toole and Daniel Fried

Economic Sanctions Germany

Wed, Jul 15, 2020

The G20 needs to do more to address the human toll of COVID-19

If the wealthy countries cannot support measures to stave off a humanitarian crisis, the damage will run deeper than the resurgence of hunger and disease. The political repercussions will take the shape of civil strife, extremism, and mass migration. The G20 will do irreparable damage to social cohesion and international cooperation if it fails to act decisively.

New Atlanticist by Jeremy Mark

Coronavirus G20