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Gabriel Felbermayr warnt vor Schuldenloch: Milliarden fehlen, Österreich muss sparen | PULS 24
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Carrera Digital 132 | Porsche | Mercedes | BMW | Nissan
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Russland im Modus einer Kriegswirtschaft
Tichy:»Nach Einschätzung des Ökonomen Gabriel Felbermayr bremsen westliche Sanktionen die russische Wirtschaft nur begrenzt. „Natürlich leidet die russische Wirtschaft unter den westlichen Sanktionen, andererseits ist sie in anderthalb Jahren in den Modus einer Kriegswirtschaft gewechselt“, sagte Felbermayr den Zeitungen der Funke-Mediengruppe (Mittwochsausgaben). „Der Krieg ist für Russland ein Konjunkturmotor: Die Rüstungs- und die Ausrüstungsindustrie laufen Der Beitrag Russland im Modus einer Kriegswirtschaft erschien zuerst auf Tichys Einblick. http://dlvr.it/Sv2xn7 «
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ASEAN’s Response to the EU-Vietnam Free Trade Agreement: Opportunities and Challenges
by ASEAN Institute
The landmark signing of the European Union-Vietnam Free Trade Agreement (EVFTA) in June 2019 signaled a new era of economic cooperation between the EU and the Association of Southeast Asian Nations (ASEAN). With the deal poised to generate considerable impact on both Vietnam and the broader ASEAN region, this paper delves into the opportunities and challenges arising from this development. Drawing on a wealth of academic literature, this analysis highlights the multifaceted nature of ASEAN’s response to the EVFTA and the implications for regional trade dynamics.
Foremost among the opportunities presented by the EVFTA is the potential for increased trade and investment between the EU and ASEAN. The agreement eliminates tariffs on 99% of goods traded between the two parties, thereby fostering a more favorable environment for commerce (Felbermayr et al., 2020). This development has the potential to create a positive spillover effect for the entire ASEAN bloc, as regional value chains become more integrated with European markets (Bersick, 2019).
Moreover, the EVFTA is expected to catalyze improvements in labor and environmental standards across the ASEAN region. As part of the deal, Vietnam has agreed to adopt and implement numerous international standards pertaining to workers’ rights, environmental protection, and sustainable development (Davies, 2020). By extension, other ASEAN nations may be encouraged to follow suit, in anticipation of future trade agreements with the EU (Mayer, 2021).
However, the EVFTA also presents several challenges for ASEAN. One potential concern is the diversion of European investment from other ASEAN countries to Vietnam, as investors capitalize on the preferential access to both markets (Lopez-Gonzalez, 2020). This reallocation of resources could create imbalances within the region and intensify competition among ASEAN member states.
Another challenge lies in the harmonization of trade policies and regulations among ASEAN countries. The EVFTA may prompt other member states to seek similar agreements with the EU, which could lead to a patchwork of trade rules and standards across the region (Thuzar, 2019). To address this issue, ASEAN may need to pursue a more cohesive approach to trade negotiations and policy development.
In conclusion, the EU-Vietnam Free Trade Agreement presents a complex array of opportunities and challenges for ASEAN. While the deal has the potential to enhance trade relations, labor standards, and environmental protections, it also raises concerns about investment diversion and the harmonization of trade policies. As the region navigates the evolving landscape of international trade, ASEAN’s response to the EVFTA will be instrumental in shaping its future economic trajectory.
References:
Bersick, S. (2019). The European Union and ASEAN: Trade and Investment Patterns and Future Prospects. Asia Europe Journal, 17(2), 173–187.
Davies, K. (2020). The EU-Vietnam Free Trade Agreement: The Long Road to a Landmark Deal. Asia Policy, 15(1), 1–26.
Felbermayr, G., Kimura, F., Okubo, T., & Steininger, M. (2020). Quantifying the EU-Japan Economic Partnership Agreement and the EU-Vietnam Free Trade Agreement. The World Economy, 43(9), 2253–2275.
Lopez-Gonzalez, J. (2020). Global Value Chains and the Preferential Trade Agreements: How Deep is the Integration? World Trade Review, 19(2), 290–309.
Mayer, J. (2021). Sustainability Provisions in EU Free Trade Agreements : Assessing Their Potential Impact on ASEAN Member States. Journal of World Trade, 55(1), 123–148.
Thuzar, M. (2019). ASEAN’s Evolving Approach to Trade Policy: From Free Trade Area to Regional Comprehensive Economic Partnership. Asian Survey, 59(5), 793–815.
Read the entire article and more at the ASEAN Institute website.
Check out the ASEAN Institute on Youtube!
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Notizzettel #Konjunkturprognosen #Wirtschaftspolitik
Photo by Monstera on Pexels.com Feine Analyse von Gabriel Felbermayr in der Zeitschrift Profil: Sie haben bereits vor der Pandemie von Deutschland mehr Zukunftsinvestitionen gefordert und auf die hausgemachte Schwäche der Industrie hingewiesen. Was meinen Sie damit? Felbermayr: Die Industrie begann bereits 2017 nachzugeben, das lässt sich am Output und an der Wertschöpfung messen. In…
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Wifo-Chef Felbermayr kritisiert Wohnkostenbeihilfe: "Es braucht einen Regimewechsel"
Eine Mietpreisbremse wäre ein erster Schritt im Kampf gegen die Inflation gewesen. Statt nur auf sozialpolitische Auswirkungen zu achten, müsse man Stabilität wiederherstellen Diese Nachricht wird übernommen. Nach dem rumänischen Gesetz Nr. 8/1996 können die Nachrichten ohne das Herz der Eigentümer übernommen werden. Leontiuc Marius
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Reposted from @hidetada.tokugawa.diecast (@get_regrann) - Gang Uchimiya / 内宮運輸機工 🇯🇵 #constructionmodels #wsimodels #mininglife #cranes #mammoet #crawlercrane #sarens #felbermayr #ltm1500 #ltm11200 #liebherr #dozer #cranelife #construction #caterpillar #mining #truckmodel #heavyhaul #scania #nooteboom #collection #kenworth #scale #scalemodel #truck#excavator#cranelife #craneporn #cranelove #建設#クレーン車 https://www.instagram.com/p/B4I6qOrJoRS/?igshid=wohy9aisfxag
#constructionmodels#wsimodels#mininglife#cranes#mammoet#crawlercrane#sarens#felbermayr#ltm1500#ltm11200#liebherr#dozer#cranelife#construction#caterpillar#mining#truckmodel#heavyhaul#scania#nooteboom#collection#kenworth#scale#scalemodel#truck#excavator#craneporn#cranelove#建設#クレーン車
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Mammut & crane over Salzburger skyline. #mammuthusprimigenius #animalsculpture #mammuthus #salzburg #felbermayr #crane #liebherr #liebherrcranes #liebherrcrane #mammoth #mamut #quagga #ramonlopez (at Haus der Natur)
#liebherrcrane#crane#felbermayr#liebherr#mammoth#quagga#animalsculpture#ramonlopez#mamut#salzburg#mammuthusprimigenius#liebherrcranes#mammuthus
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Baustelle Bildung #fhstpölten #fachhochschule #fh #fhstpoelten #bildung #architecture #architecturephotography #architecturelovers #noe #niederösterreich #igersnoe #igersviennaontour #austria #landeshauptstadt #science #fhstp #kran #felbermayr (hier: FH St. Pölten) https://www.instagram.com/p/CSXOorhM04k/?utm_medium=tumblr
#fhstpölten#fachhochschule#fh#fhstpoelten#bildung#architecture#architecturephotography#architecturelovers#noe#niederösterreich#igersnoe#igersviennaontour#austria#landeshauptstadt#science#fhstp#kran#felbermayr
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#1/64#scale#diecast#miniature#replica#toy#collectible#hotwheels#hot wheels#Matchbox#greenlight#Kyosho#tomica#aoshima#minichamps#tarmac works#hello kitty#bilstein#felbermayr#mercedes#porsche#benz
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Economist Felbermayr regrets the approaching Brexit
Economist Felbermayr regrets the approaching Brexit
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In the opinion of economist Gabriel Felbermayr, Germany is losing an important ally for free trade and the single market as a result of the outcome of the parliamentary elections in Britain. "This is a sad moment for Europe and Germany," said the President of the Kiel Institute for the World Economy on Friday. The option that the country could still remain in the EU, was finally off the…
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#iveco#ivecostralis#ivecostralisxpxp#truck#vehicle#herpa#flachbett_sattelzug#sattelzug#automodell#h0#87#LKW#Felbermayr#bautrans#lkwmodelle#lkwmodellbau #truckmodel#mininature https://www.instagram.com/p/BxKhKTIn_JF/?utm_source=ig_tumblr_share&igshid=tz549lg9ypor
#iveco#ivecostralis#ivecostralisxpxp#truck#vehicle#herpa#flachbett_sattelzug#sattelzug#automodell#h0#87#lkw#felbermayr#bautrans#lkwmodelle#lkwmodellbau#truckmodel#mininature
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