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The CEPII Newsletter       
June 2015        



The French edition is slightly different as it also includes material available in French only  

Europe Monnaie & Finance Trade & Globalization Migrations Economic Policy Emerging Economies Competitivness & Growth Environment & Natural Ressources
  Focus

Growth in Europe depends on structural reforms

Structural reforms should aim at permanently increasing efficiency of the supply-side of the economy in order to unleash the growth potential of the area and to increase the resilience to future shocks. It could help reduce the divergence across Euro area members, which challenges greatly the efficiency of a single monetary policy. >>>
Sophie Piton




  Edito




A new tool to analyze international trade

Characterizing a country’s insertion in the world economy requires accurate and consistent information about its income level, comparative advantages, products’ quality ranges and trade protection. CEPII Country Profiles, being launched this month, offer a unique tool putting together and structuring all these aspects for 80 countries, based on the databases the CEPII has been developing for many years. Interactive data, so they can fit different purposes, this unique tool has been designed so as to serve as an input for information, expertise and pedagogy, be it through its friendly-user illustrations or through downloadable data.  I wish to thank for their efforts all those who contributed to this project, under the guidance of Deniz Ünal, and I hope many of you will find it useful.
Sébastien Jean, CEPII's Director



  Databases




USA Comparative Advantages

CEPII Country Profiles provide a unique free tool with original data and indicators to analyze international integration of 80 countries. The figure above shows the indicator of specialization in international trade (comparative advantages and disadvantages) for the United States over the long period in three major sectors: primary goods, manufactured goods and services. It reveals the world leader’s deep involvement in the services sector since the mid-1970s. Country Profiles tables show that charges for the use of intellectual property, travel services and financial services are the main US comparative advantages in 2013. In the last decade, despite the 2007-2008 financial crisis, The United States have substantially strengthened their comparative advantages in the financial services.
Deniz Ünal



  Facts & Figures





in %,between 2005 and 2030. It's the GHG emissions reduction proposal by Japan in the context of the COP 21.>>>
Evelyne Dourille-Feer



ISSN: 1255-7072
Editorial Director : Sébastien Jean
Managing Editor : Dominique Pianelli