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Transatlantic Divergences in Globalisation and the China Factor. CEPS Policy Insight No 2017/19, May 2017

Metivier, Jeanne and Di Salvo, Mattia and Pelkmans, Jacques (2017) Transatlantic Divergences in Globalisation and the China Factor. CEPS Policy Insight No 2017/19, May 2017. [Policy Paper]

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    Abstract

    The EU and the United States are following divergent paths with regard to their respective trade policies. While the new administration of the United States has made some notably strong statements against further trade liberalisation, the EU continues to favour responsible globalisation. The EU has recently signed a series of free trade agreements (FTAs) as well as plurilateral agreements with its partners (especially, but not only, in East Asia). Consequently, the EU is strengthening its status as a global leader in the debate on economic openness. Conversely, the US has interrupted major negotiations with its trading partners and has renounced trade agreements, such as TPP and TTIP (at least for the time being). This paper provides some empirical economic and social guidance behind the recent policy divergence on globalisation between the US and the EU in general and vis-à-vis China in particular.

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    Item Type: Policy Paper
    Subjects for non-EU documents: Countries > China
    EU policies and themes > External relations > globalisation/globalization
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Policy Insights
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 30 May 2017 10:05
    Number of Pages: 29
    Last Modified: 02 Jan 2018 15:21
    URI: http://aei.pitt.edu/id/eprint/87756

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