The economic costs of the Covid-19 crisis will crucially depend on the evolution of financial and economic uncertainty. This blog presents a dashboard to track uncertainty in the US economy and compare the ongoing crisis to the 1987 and 2008 financial crises.
Updated from March 26 post.

Vietnam opening up and development are closely linked to the strategies of multinational companies at the heart of the transformation of economic structures. In spite of international trade tensions, Vietnam seems to be taking advantage of this by acting as a conduit for Japanese, Korean and Chinese companies to export to the United States.

Vietnam has opted for international openness since 1986 to create a “socialist market economy”, which has allowed it to experience vigorous economic expansion. Its integration into the world economy has made it an important link in international value chains, massively importing components from China and Asia in general, and exporting, as massively, finished products to the United States and Europe.

More than three years after the Brexit referendum, Brexit is still not settled, but the uncertainty remains. This long period of uncertainty has cost around half a point of economic growth per year since 2016 for the UK’s economy, which is equivalent to an annual loss of £16 billion.

CEPII offers an enhanced version of the Country Profiles ?the online interactive pages elaborated from its own databases? which present the insertion of 80 economies in world trade. These free of use data are provided in the form of didactic illustrations for informational, educational and research purposes.

The US trade policy is severely destabilising the international trade system. The European Union is fighting to maintain the latter's stability, which is under dire threat. This text has been first published for the Schuman Foundation.

The day that France's parliament voted a so-called GAFA tax of three percent on revenue earned on French soil for big tech companies that hang their fiscal hat abroad, the Trump administration is paving the way for retaliatory tariffs.

Europe’s competition policy has successfully contained the rise in concentration and excess profits, and the EU should not follow the US in weakening its approach. Instead, the EU needs to strengthen its trade policy to be more assertive on reciprocity in market access and control of industrial subsidies.

China's international expansion follows multiple paths: trade, investment, finance and currency, to focus on the economy. In doing so, it pursues different objectives. The new roads project appears to be the way to provide a flexible framework for China's overall strategy. However, we can question its feasibility.

A review of China's international activity since 2013 is striking first of all by the speed with which it has made China a major player in globalization in terms of both direct investment and lending to developing countries. The Silk Roads project, which is a unique and unconventional project, appears above all as a means of gradually structuring the Chinese vision of globalization, which combines China's long-term economic and strategic interest.