Emerging markets
The WTO dispute settlement crisis. Back to the GATT regime?
Since 2017 the US has blocked the appointment of new members of WTO’s Appellate Body, which per 11 December is unable to fulfil its tasks. Consequently, trade disputes...
Global economic outlook: Trade war not the only fly in the ointment
Our outlook for the global economy has become less rosy and the downside risks have increased. Global trade, for example, is clearly slowing down and we expect...
Global economic outlook: The economy has peaked
Global growth will decline moderately in the coming years, both in advanced and emerging market economies. Persistent risks such as escalation of the trade war or a...
Global economic outlook: Trump’s threats spoil sentiment at the family dinner
The economic outlook for the global economy remains positive, but risks of a correction have increased sharply as a result of increasing trade tensions.
Global economic outlook: Trump’s trade policy could damage the positive dynamic in the global economy
Global economic growth accelerates mildly in 2018. But the hardening of US trade policy increases the risk of escalation in trade relationships.