Social Market Economy
Only the market economy guarantees the citizens personal freedom, social peace and high prosperity.
News
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Geopolitical dynamics favour India–EU trade deal
The EU and India have finalized their Free Trade Agreement. For India, the EU is a key partner in trade, technology, investment, and energy transition. The modest trade deal links value chains, increases connectivity and supports sustainable growth.
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Transatlantic Trade Conference in Washington, D.C. - "Trade in the Age of Geoeconomics"
New globalization calls for open markets, lean agreements, and stronger European competitiveness over protectionism and politicized trade, as Karl-Heinz Paqué emphasized in his speech at the Washington conference.
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Tariff Tango: Economic and climate transition in times of rising EU and China tensions?
Chinese electric cars are conquering Europe. The EU is responding to the growing market share of Chinese manufacturers such as BYD with countervailing duties. The measures are intended to promote European joint ventures and production sites - but the consequences for global trade and the future of the European automotive industry are complex.
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How liberals can tackle economic fragmentation and protectionism
Globalisation has driven economic growth and innovation but also presents complex challenges. Our latest policy paper explores its benefits and drawbacks, from uneven gains to political backlash. By understanding these impacts, policymakers can foster a more inclusive and resilient future. The paper explores strategies to harness globalisation's potential and mitigate its risks.
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Immigration Policy: Germany's Struggle to Attract Skilled Workers
The Skilled Immigration Act was supposed to be a turning point, but the reality looks bleak. From bureaucratic hurdles to insufficient infrastructure, Germany is at risk of losing the international talent competition. But there is hope: reforms and a change in mindset could turn the tide. Will Germany win the battle for the brightest minds?
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Resource Dependency from China: A Possible Way Out for Europe
After months of crisis experience with Russia’s manoeuvring in energy policy, Europe has learned the hard way: it is not advisable to rely majorly on one single partner when it comes to essential resources. This applies especially when the trust relationship with that partner has already been burdened by tensions and scepticism from the beginning. Now Europe is struggling desperately with the effects of the Russian attack on Ukraine and its economic consequences. There can only be one conclusion: Don’t rely on one partner only!
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China's influence in Europe
Over the past decade the impact of China's economy has been increasing consequently with far reaching dependencies worldwide. While China has not been using traditional military force to expand its power, we can see clear instances where China uses political and economic coercion to reach its goals. This has led many counties to label China as a “systemic rival”. And that begs the question: What does China’s rise mean for the world?
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