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Globalisation

State of the Union Address 2023

Date of Editorial Board meeting: 
Publication date: 
Wednesday, September 13, 2023
Abstract in English: 
In her State of the Union address on 13 September 2023, President of the European Commission Ursula von der Leyen outlined the main priorities and flagship initiatives for the year to come, building on the European Union's successes and achievements of the past years.
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31
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The State of Food Security and Nutrition in the World 2023

Date of Editorial Board meeting: 
Publication date: 
Wednesday, July 12, 2023
Abstract in English: 
Urbanization is changing agrifood systems globally in ways that can only be understood through a rural–urban continuum lens. The changing pattern of population agglomerations across a rural–urban continuum and its interface as a place of exchange and socioeconomic interactions, is reshaping and being reshaped by agrifood systems, with implications for the availability and affordability of healthy diets, and in turn, for food security and nutrition.
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316
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World Trade Report 2020

Date of Editorial Board meeting: 
Publication date: 
Sunday, November 15, 2020
Abstract in English: 
In recent years, a growing number of governments have adopted policies aimed at supporting the transition towards a digital economy. The World Trade Report 2020 looks at these policy trends and at how trade and the WTO fit with them.
Trade and trade policies have historically been important engines for innovation. In particular, the multilateral trading system has contributed significantly to the global diffusion of innovation and technology by fostering predictable global market conditions and by underpinning the development of global value chains. As data become an essential input in the digital economy, firms rely more on intangible assets than on physical ones, and digital firms are able to reach global markets faster without the amount of physical investment previously necessary in other sectors. Success in the digital economy will depend on openness, access to information and communication technology (ICT) goods and services, collaboration on research projects, and the diffusion of knowledge and new technology.
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208
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World Trade Report 2021

Date of Editorial Board meeting: 
Publication date: 
Wednesday, November 17, 2021
Abstract in English: 
The COVID-19 pandemic and the prospect of increasingly frequent and more intense natural and man-made disasters raise important questions about the resilience of the global economy to such shocks. The 2021 edition of the WTO's World Trade Report examines why the interconnected global trading system is both vulnerable and resilient to crises, how it can help countries to be more economically resilient to shocks, and what can be done to make the system better prepared and more resilient in the future.
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212
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World Trade Report 2022

Date of Editorial Board meeting: 
Publication date: 
Wednesday, November 9, 2022
Abstract in English: 
Climate change is having a profound impact on people’s lives across the world. Mitigating and adapting to climate change will require major economic investment and coordinated action to transition to a sustainable, low-carbon economy. The 2022 World Trade Report explores the complex interlinkages between climate change and international trade and how international trade and trade rules can contribute to addressing climate change.
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152
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Forward Look 2023

Date of Editorial Board meeting: 
Publication date: 
Monday, January 9, 2023
Abstract in English: 
Events over the past year – first and foremost the Russian invasion of Ukraine, with its immediate and long-term consequences – have both confirmed and accelerated the long-term global trends which were highlighted in last year’s Forward Look. These trends included global fragmentation, the polarisation of society, evolving economic models, and pressing environmental challenges. Their development during 2022 suggests that we are witnessing the beginning of a new era of both challenges and opportunities which may call for a far-reaching reassessment of the European model.
Russia’s war against Ukraine is the most visible and far-reaching of these developments, but it is not the only one.
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19
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Global Economic Prospects - JUNE 2023

Date of Editorial Board meeting: 
Publication date: 
Tuesday, June 6, 2023
Abstract in English: 
Global growth is projected to slow significantly in the second half of this year, with weakness continuing in 2024. Inflation pressures persist, and tight monetary policy is expected to weigh substantially on activity. The possibility of more widespread bank turmoil and tighter monetary policy could result in even weaker global growth. Rising borrowing costs in advanced economies could lead to financial dislocations in the more vulnerable emerging market and developing economies (EMDEs). In low-income countries, in particular, fiscal positions are increasingly precarious. Comprehensive policy action is needed at the global and national levels to foster macroeconomic and financial stability. Among many EMDEs, and especially in low-income countries, bolstering fiscal sustainability will require generating higher revenues, making spending more efficient, and improving debt management practices. Continued international cooperation is also necessary to tackle climate change, support populations affected by crises and hunger, and provide debt relief where needed. In the longer term, reversing a projected decline in EMDE potential growth will require reforms to bolster physical and human capital and labor-supply growth.
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133
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The cost of non-rurality

Date of Editorial Board meeting: 
Publication date: 
Monday, June 5, 2023
Abstract in English: 
Rapid urbanisation in several EU Member States and the ensuing population shift from rural areas towards urban centres are generally treated in economic literature as a necessity for generating growth and wellbeing. In the last two decades, however, the overly positive assessment of this trend has shifted.

Globalisation has put increasing pressure on agriculture, food processing industries and other local cottage and SME enterprises. This has led to accelerating changes in the balance between rural and urban areas and has deeply impacted the overall socio-economic fabric of regions.
At the same time, declining rural populations make many rural communities unsustainable. Once inhabitants decide to leave areas due to falling living standards, the remaining population suffers from the further deprivation of goods and services, driving even more people to leave. Several studies have been assessing the costs associated with these changes, in particular their impact on the viability of rural communities. However, they generally fall short of the holistic assessment required, as the decline and shift of populations also create further negative spillovers on the rest of the economy, for example on urban areas that are usually at the receiving end of the influx of rural populations.
This report aims to contribute to the debate on EU rural development policy by presenting a methodology to understand the net costs and benefits of investing in rural areas to society as a whole. By doing so, it asks whether rural depopulation is just a rural problem or whether the consequences have a bearing on the whole of society, and in particular urban areas.
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53
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China's Strategy of Political Warfare

Date of Editorial Board meeting: 
Publication date: 
Wednesday, August 2, 2023
Abstract in English: 
China is conducting an unprecedented campaign below the threshold of armed conflict to expand the influence of the Chinese Communist Party and weaken the United States and its partners. This campaign involves sophisticated Chinese espionage activities, offensive cyber operations, disinformation on social media platforms, economic coercion, and influence operations targeting companies, universities, and other organizations. The scale of China’s actions in the United States is unparalleled. This report offers one of the most comprehensive analyses to date of Chinese political warfare activities and examines China’s main actions, primary goals, and options for the United States and its partners.
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145
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Towards a fair and sustainable Europe 2050

Date of Editorial Board meeting: 
Publication date: 
Wednesday, July 5, 2023
Abstract in English: 
This foresight study explores possible and necessary changes in the European social and economic systems as the European Union engages in managing sustainability transitions towards 2050. With this focus, the study presents strategic areas of intervention covering a new social contract, governance for sustainability, people and economy, and the global perspective on sustainability. The study reflects on the agency of EU actors (such as government at various levels, business, and communities) to address the strategic areas of intervention as part of collectively addressing sustainability transitions. The study builds on a participatory foresight exercise, which generated four foresight scenarios for a climate-neutral EU in 2050. Based on each scenario, a corresponding transition pathway was co-created and analysed through the process. The study presents and analyses these outputs of the process. The outputs can also serve as input to policymakers and practitioners interested in conducting new participatory exercises on sustainability transitions.
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136
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