Archive for May, 2013

The Egyptian Economy in 2013

The Egyptian Economy in 2013

Despite the momentous political changes which have taken place since the revolution, the Egyptian economy still faces serious structural difficulties.

Is war in Syria a threat to the wider Middle East?

Is war in Syria a threat to the wider Middle East?

The latest developments in Syria bode ill for any hopes of a resolution of the conflict in the coming months. The increasing involvement of Hizbollah, and the supply of Russian military hardware to the Assad regime will likely do little more than entrench the stalemate. For how much longer? And with what consequences for the […]

EU-Bangladesh Joint Statement in the Wake of the Garment Factory Collapse in Dhaka

EU-Bangladesh Joint Statement in the Wake of the Garment Factory Collapse in Dhaka

On the 28th of May, EU Trade Commissioner Karel de Gucht and Bangladesh Foreign Minister Dr Dipu Moni released a joint statement regarding the collapse of an illegal garment factory in Dhaka one month earlier. 1,127 people died in what was the third such incident to have taken place in just six months. In the […]

The Case for “Austerity Economics”

The Case for “Austerity Economics”

Brown University political scientist Mark Blyth’s latest book, Austerity: The History of A Dangerous Idea, is making some waves. After several years of failed attempts to revive the “confidence fairy” by cutting state budgets in the Eurozone and Britain in a time of low growth (if not negative growth), it seems many are waking up to the reality that, as […]

Turkey and the TTIP

Turkey and the TTIP

The Transatlantic Trade and Investment Partnership, a free trade deal between the EU common market and the US, is expected to be concluded by next year. The staggering proportions of the deal (US-EU trade accounts for one third of the world total) ensure that it will have a decisive impact on global commerce. Yet some […]

Debating Energy Subsidies in Egypt

Debating Energy Subsidies in Egypt

The Egyptian subsidies regime is an economic and political minefield. Fiscal transfers that swallow up, by some estimates, around 25 percent of state expenditures are patently unsustainable – but with forty percent of Egypt’s population on or below the poverty line ($2 per day), these subsidies form a vital lifeline for Egypt’s poorest. So while […]

EU-China Solar Industry Trade Dispute

EU-China Solar Industry Trade Dispute

Last year, German solar panel manufacturer SolarWorld AG filed a complaint with the European Commission against their Chinese competitors. This came after the company’s US subsidiary, SolarWorld Industries Americas, launched two similar petitions in the United States. These were submitted on behalf of the Coalition of American Solar Manufacturers, an alliance of seven companies which […]

Pascal Lamy: European Economic Growth Will Increasingly Come from Emerging Economies

Pascal Lamy: European Economic Growth Will Increasingly Come from Emerging Economies

Pascal Lamy, current Director-General of the WTO, recently spoke of the increased importance of emerging economies to the EU’s long-term economic welfare. According to Lamy, within 10 years, 19 percent of European economic growth will be the result of trade outside of the European common market. Lamy also suggested that within this same timeframe, China […]