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Globalisation

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Which Competition Policy Should be Adopted to Support Growth in France and Europe?

Rédigé par : Jean-Baptiste Auger, Eloïse Villani

Competition, often associated with consumer protection, is a vehicle for business growth and innovation since it drives balanced trade relations and the selection of efficient firms. Yet, too much competition can curb investment capacities, if not the incentive to innovate. In line with the Draghi Report, the EU is upgrading its merger controls in a move that could facilitate mergers that generate... Lire la suite

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Geopolitical Fragmentation of Trade

Rédigé par : Aymeric Lachaux

At a time of heightened geopolitical tensions, economic exchanges between nations are increasingly governed by a bloc-based approach. We are witnessing a reorganisation of trade between groups of geopolitically aligned countries, i.e. a geopolitical fragmentation of trade. This fragmentation began with the annexation of Crimea in 2014 and accelerated with Russia’s invasion of Ukraine in 2022.... Lire la suite

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What Factors Could Drive the Reorganisation of Global Value Chains?

Rédigé par : Aymeric Lachaux

While recent crises have been interpreted as signalling the end of globalisation, trade continues to grow and goods are travelling as far as before. Globalisation is, however, taking on a new form: the composition and geography of trade have changed. These changes are likely to intensify owing to companies’ strategies to secure their supply chains, climate change, various government policies and g... Lire la suite