Episodios

  • Electrified tensions: EU's proposed tariffs on Chinese EVs

    Electrified tensions: EU's proposed tariffs on Chinese EVs
    Jun 20 2024
    In October 2023, the European Union launched an investigation into whether Chinese electric vehicle (EV) manufacturers were receiving unfair subsidies which give them an advantage in the market. In June 2024, the European Commission announced the preliminary conclusion that it would levy additional tariffs of between 17.4ؘ–38% on Chinese electric vehicles (EVs). This would be placed on top of an existing 10% import duty. These duties are set to provisionally come into effect in early July, with a proposal for permanent measures expected in November, subject to a decisive vote.

    In this episode of The Sound of Economics, Yuyun Zhan sits down with Alicia García-Herrero and George Magnus to discuss the EV investigation, the impact of China’s industrial policy on its mass-production growth model, why this approach is now facing resistance, and the broader implications of China’s overcapacity for the EU and the global market.

    Relevant publications:
    García-Herrero, A. and R. Schindowski (2024) ‘Unpacking China’s industrial policy and its implications for Europe’, Working Paper 11/2024, Bruegel
    Red Flags: Why Xi’s China is in Jeopardy, book by George Magnus
    The story of China’s electric vehicle industry, Bruegel podcast with Giuseppe Porcaro, Alicia García-Herrero and Zeyi Yang

    This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Sign up now to receive it in your mailbox!
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    34 m
  • EU-UK relations: Brexit, Scotland, Ireland

    EU-UK relations: Brexit, Scotland, Ireland
    Jun 12 2024
    In this episode of The Sound of Economics, Rebecca Christie sits down with Tony Connelly, Europe editor of Irish public service broadcaster RTÉ, and David Gow, who chairs the Royal Society of Edinburgh's EU-Scotland initiative. They discuss EU-UK relations after Brexit, how Scotland, Northern Ireland and Wales fit into the picture, upcoming British elections, and long-term prospects for Irish unity. This episode was recorded on 6 June 2024.
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    47 m
  • How the financial sector can speed up the green transition

    How the financial sector can speed up the green transition
    Jun 5 2024
    In this episode of The Sound of Economics, Bruegel’s non-resident fellow Dirk Schoenmaker presents his latest book ‘Corporate Finance for Long-Term Value’ with host Rebecca Christie and CFO at Nederlandse Gasunie, Janneke Hermes.

    They talk about how corporate finance and sustainability can go together. New models can help firms quantify the cost of social and environmental factors, so they can plan better for the long term. The podcast also explores how investors can guide funding to certain companies and projects without sacrificing return and thus speed up the transition to a sustainable economy.
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    31 m
  • Europe's economic future

    Europe's economic future
    May 29 2024
    Bruegel and the Financial Times partnered up to host a debate featuring lead candidates from major EU political parties on EU economic issues, namely growth, the single market, economic security and the EU budget. The participants of the debate were:
    • Sandro Gozi, Renew Europe Now
    • Ursula von der Leyen, The European People's Party
    • Nicolas Schmit, the Party of European Socialists
    • Anders Vistisen, Identity and Democracy Party
    In this episode of The Sound of Economics, Rebecca Christie sits down with Bruegel Senior fellow Maria Demertzis, FT Brussels bureau chief Henry Foy, also moderators of the debate, to unpack the views they gathered from the event, discuss how the elections are likely to turn out and what will happen afterwards.

    Relevant events and publications:
    • Economic choices for Europe: EU leadership debate 2024, Bruegel-Financial Times event, 21 May 2024
    • Visions for Europe: Economic expert debate for the 2024 EU elections, Bruegel-Financial Times event, 15 April 2024
    • Saint-Amans, P. (2024) ‘Broader border taxes: a new option for European Union budget resources’, Policy Brief 06/2024, Bruegel
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    36 m
  • Should foreign companies still do business in China?

    Should foreign companies still do business in China?
    May 22 2024
    In this episode of The Sound of Economics, Yuyun Zhan talks to Bruegel Senior fellow Alicia García-Herrero and President of the European Union Chamber of Commerce in China, Jens Eskelund, about foreign companies doing business and investing in China. They discuss the difficulties of navigating current geopolitical tensions as well as China’s domestic environment. Jens presented the latest results from the European Business in China Business Confidence Survey 2024, which shows that despite the re-opening of China’s borders in early 2023, business confidence in the market continued on a downward trend. They discuss what measures the Chinese government has pursued to appeal to investors, debating whether they are persuasive enough.

    This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Sign up now to receive it in your mailbox!
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    28 m
  • Managing the What Ifs: Europe, China and world trade

    Managing the What Ifs: Europe, China and world trade
    May 15 2024
    In a world of increasing uncertainties, the European Union’s need to protect itself from new shocks is on the rise. Pandemic-related supply disruptions, the energy crisis provoked by Russia’s invasion of Ukraine, and economic coercion coming from China have all shown that the EU needs to do more to prepare itself for what may come. But how should Europe de-risk its external relationships without foregoing the benefits of trade? Rebecca Christie talks to Bruegel Director Jeromin Zettelmeyer and CEPR President Beatrice Weder di Mauro about their new report, “Paris Report 2: Europe’s Economic Security”.

    Relevant publications:
    • Pisani-Ferry, J, B Weder Di Mauro and J Zettelmeyer (eds) (2024), ‘Paris Report 2: Europe's Economic Security‘, CEPR Press, Paris & London
    • Pisani-Ferry, J., B. Weder di Mauro and J. Zettelmeyer (2024) ‘How to de-risk: European economic security in a world of interdependence’, Policy Brief 07/2024, Bruegel
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    41 m
  • NATO and the EU - who does what for European defence?

    NATO and the EU - who does what for European defence?
    May 8 2024
    The relationship between the European Union and the North Atlantic Treaty Organization is at the heart of efforts to help Ukraine after Russia's 2022 invasion. How do the alliances work together and how can further cooperation help?

    In this episode of The Sound of Economics, Rebecca Christie speaks with Oana Lungescu, who served as the longest serving NATO (the North Atlantic Treaty Organization) Spokesperson and is now a Distinguished Fellow at the Royal United Services Institute, and Guntram B. Wolff, Senior fellow at Bruegel, to discuss NATO and the EU. How do they each contribute to Europe’s defence strategy? Where do they overlap and not? How will they work together to find the necessary financing to help Ukraine and coordinate defence procurement in the future? They also discuss the role of NATO members who are not part of the EU such as Türkiye, the United Kingdom and the United States under the current political climate.
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    43 m
  • Do EU tech rules add up?

    Do EU tech rules add up?
    Apr 30 2024
    How does the EU manage its increasingly vast number of digital laws? Bertin Martens, Kai Zenner and Rebecca Christie discuss how these rules are made, how they work together and how they fit in with the EU's goal of better regulation in this episode of The Sound of Economics.

    Relevant research:
    A dataset on EU legislation for the digital world, Bruegel dataset by Kai Zenner, J. Scott Marcus and Kamil Sekut
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    44 m