Negotiations on the North American Free Trade Agreement will go into the third round on 23-27 September in Ottawa. In this blog post, Ulrich Schoof from Bertelsmann Stiftung analyzes the benefits and negative effects of NAFTA. The outcome of the negotiations is open: Both a successful modernization of the trade deal as well as a complete failure of the negotiations are conceivable.
In this blog post Thieß Petersen from Bertelsmann Stiftung asks to what extent African countries have benefited from globalisation. In Africa the share of the overall population living in poverty decreased from 54 per cent to only 41 per cent between 1990 and 2013. Furthermore, African economies are reporting high current account deficits, which indicates low international competitiveness. Considered in this way, African countries have been left behind by globalization.
In this new blogpost CASE economist Iakov Frizis analysis the victory of Emmanuel Macron in the french presidential elections and the upcoming political and economic challenges.