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Growth

Made in China 2025: The making of a high-tech superpower and consequences for industrial countries

Date of Editorial Board meeting: 
Publication date: 
Sunday, December 25, 2016
Abstract in English: 
China has launched a high-tech revolution: Beijing has devised an industrial masterplan named "Made in China 2025" and is investing billions to turn China into one of the leading industrial countries by 2049. In 2015, Beijing initiated a master plan called “Made in China 2025”, aimed at turning the country into a production hub for high-tech products within the next few decades. According to the plan, the domestic market share of Chinese suppliers for "basic core components and important basic materials" is intended to increase to 70 per cent by 2025.

China strives for market leadership in main growth areas for a large number of industrial countries. Information technology, computerised machines, robots, energy-saving vehicles, medical devices as well as high-tech equipment for aerospace technology, maritime and rail transport are in the focus of the major industrial revamp called "Made in China 2025."

As the latest MERICS Paper on China shows, China's ambitious strategy is starting to bear fruit. Industrial countries like Germany and the United States have to be prepared for strong competition.
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76
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Their Future is Our Future: Youth as Actors of Change

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Publication date: 
Friday, July 10, 2015
Abstract in English: 
In the context of the changing demographic structure of society, Europe's future prosperity and sustainability largely depend on its ability to take advantage of the potential of all generations. In times of economic and financial crisis in particular, Europe needs a strong young generation to be a driver of sustainable and inclusive growth that will ensure long-term development. Youth represents the backbone of future Europe and we need to prepare the generation that will lead and support the EU in 2040 and after.
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92
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The circular economy: reconciling economic growth with the environment

Date of Editorial Board meeting: 
Publication date: 
Tuesday, November 15, 2016
Abstract in English: 
The circular economy transition embodies the actions and transformations which allow the different economic players (including the final users) to pursue value creation by reducing negative externalities as well as the resources that only exist in limited amounts.
Thus, the concept meets the perspective of a sustainable economic growth and relies both on innovation and on the collaboration of all economic players. This transition calls for a change, from a linear model of society based on “extraction, production, consumption, waste”, to a circular model that turns waste into resources.
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104
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Latin America and the Caribbean 2030: Future Scenarios

Date of Editorial Board meeting: 
Publication date: 
Thursday, December 1, 2016
Abstract in English: 
The report finds that if the region and world move ahead as expected, 57 million more Latin Americans and Caribbean citizens will join the middle class over the fourteen-year period. Annual regional GDP growth will be 2.4 percent, slightly outperforming the US rate of 2.2 percent. But the region will face significant challenges ranging from income inequality to its demography and the impact of climate change.
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156
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Citizens in an Interconnected and Polycentric World

Date of Editorial Board meeting: 
Publication date: 
Thursday, March 1, 2012
Abstract in English: 
The report correctly draws a picture of global multipolarity. Of particular interest is the scope of its content and research, which was conducted not only in the developed world but also in the major poles of the emerging world. The analysis of the report is based on thorough and far-reaching research which is very useful to understand the complexities of the present global context.
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Executive summary: 
The report correctly draws a picture of global multipolarity. Of particular interest is the scope of its content and research, which was conducted not only in the developed world but also in the major poles of the emerging world. The analysis of the report is based on thorough and far-reaching research which is very useful to understand the complexities of the present global context.
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In It Together: Why Less Inequality Benefits All

Date of Editorial Board meeting: 
Publication date: 
Thursday, May 21, 2015
Abstract in English: 
The gap between rich and poor keeps widening. Growth, if any, has disproportionally benefited higher income groups while lower income households have been left behind. This long-run increase in income inequality not only raises social and political concerns, but also economic ones. It tends to drag down GDP growth, due to the rising distance of the lower 40% from the rest of society. Lower income people have been prevented from realising their human capital potential, which is bad for the economy as a whole. This book highlights the key areas where inequalities are created and where new policies are required, including: the consequences of current consolidation policies; structural labour market changes with rising non-standard work and job polarization; persisting gender gaps; the challenge of high wealth concentration, and the role for redistribution policies.
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44
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Poverty and Shared Prosperity 2016 - Taking on Inequality

Date of Editorial Board meeting: 
Publication date: 
Sunday, October 2, 2016
Abstract in English: 
The Poverty and Shared Prosperity series provides a global audience with the latest and most accurate estimates on trends in global poverty and shared prosperity, as well as in-depth research into policies and interventions that can make a difference for the world’s poorest. The 2016 edition takes a close look at the role that inequality reduction plays in ending extreme poverty and improving the livelihoods of the poorest in every country. It looks at recent country experiences that have been successful in reducing inequality, provides key lessons from those experiences, and synthesizes the rigorous evidence on public policies that can shift inequality in a way that bolsters poverty reduction and shared prosperity in a sustainable manner. In doing so, the report addresses some myths about the global picture of inequality, and what works to reduce it.
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193
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A Globalized Renminbi - Will it reshape Latin America?

Date of Editorial Board meeting: 
Publication date: 
Tuesday, October 4, 2016
Abstract in English: 
On October 1, 2016, the Chinese renminbi (RMB) joined the dollar and the euro as one of five official international reserve assets. This is not just a technical development. It has the potential to reshape trade and finance across Latin America, according to a new report by the Atlantic Council's Adrienne Arsht Latin America Center. By being able to conduct deals directly in China's currency, the region now enters a new and uncertain financial era ripe with investment opportunities—but also with elevated risks.
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20
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Saudi Arabia’s Vision 2030

Date of Editorial Board meeting: 
Publication date: 
Sunday, April 24, 2016
Abstract in English: 
To build the best future for our country, we have based our Vision for the Kingdom of Saudi Arabia on three pillars that represent our unique competitive advantages. Our status will enable us to build on our leading role as the heart of Arab and Islamic worlds. At the same time, we will use our investment power to create a more diverse and sustainable economy. Finally, we will use our strategic location to build our role as an integral driver of international trade and to connect three continents: Africa, Asia and Europe.
Our Vision is built around three themes: a vibrant society, a thriving economy and an ambitious nation.
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86
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Global Order and the New Regionalism

Date of Editorial Board meeting: 
Publication date: 
Tuesday, September 20, 2016
Abstract in English: 
Regional institutions and initiatives have proliferated in the twenty-first century. This latest wave of regional innovation raises, in new guise, a long-standing conundrum for global order and U.S. foreign policy: When is regional organization a useful, even essential, complement to the ends of global governance - financial stability, an open trading system, sustainable development, robust protection of human rights, or the end of civil wars - and when does it threaten or undermine the achievement of those goals? The new regionalism presents the prospect for new benefits for global order as well as new risks. How those challenges and risks are addressed, by the United States and by other member states, will determine whether a fragmented global order or more effective global and regional governance emerge over the next decade.

Five authors examine these dilemmas across five issue areas: finance, trade, development lending, human rights, and peace operations. In each issue area, regional actors and institutions have emerged that reopen and recast earlier debates about regionalism and its effects on global order. In four of the five issue areas, a single, established global institution contends with regional alternatives: the International Monetary Fund (IMF), the World Trade Organization (WTO), the World Bank, and the United Nations. In the domain of human rights, the newly redesigned UN Human Rights Council (UNHRC) does not enjoy a similar, central position; global human rights conventions set the normative frame for regional human rights commissions and courts. Each author suggests ways in which the new regionalism can be harnessed to serve global purposes and the contribution that U.S. policy can make to those ends.
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88
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