Views: 48Digitalisation in financial markets around the world is rapidly growing. With the closer attention to two political economies and two biggest financial markets, i.e. that of the European Union and the United States of America, the comparative analysis sheds light to perspective trends in banking sector and digitalisation of financial services.
Category: EU in global governance
Digital trade: assisting the EU-wide growth and digital transition
Views: 61Digital trade accounts for about a quarter of all international trade; it has been growing at a faster pace than traditional trade. The EU is the world’s leader in both exports and imports of digitally deliverable services, which amounted to €1.3 trillion in 2022, or over half of the EU’s total trade in services. […]
COP-29: continued fossil fuel consumption versus emission’s control
Views: 68Authorities in Azerbaijan – the country hosts this year’s global climate summit COP29 – suggest that continued fossil fuel extraction might be compatible with the global climate agreement. With four months to go until COP29 kicks off in Baku, the Azerbaijani presidency announced a flurry of initiatives, non-binding pledges and partnerships to be signed […]
Priorities in Europe and NATO: climate change and AI strategy
Views: 50Both the EU and NATO are exploring policies in managing modern challenges. Among most vital and new are the climate mitigation efforts and digital transition. In the EU these items have been already developing for some years, in NATO they are generally started two-three years ago. Somehow, there are certain similarities in approaches and […]
European beautiful future: facing complex global challenges
Views: 49The European Pact for the Future suggested by the European Environmental Bureau, EEB is a recent initiative aimed at driving fundamental changes in the existing political-economy’s patterns. The general Pact’s goal is “a green and social deal for a one-planet economy”, as postulated in the EEB’s leaflet. This September, world leaders will convene at […]
Financing the EU priorities and integration through the external bonds
Views: 58According to the EU law, the European Commission is empowered to borrow from the international capital markets on behalf of the 27 member states. The EU has a well-established name in the global securities markets with a positive track record of bond issuances over the past 40 years. All issuances executed by the Commission […]
Critical raw material supply chains in Europe
Views: 70The entry into force of the European Critical Raw Materials Act, CRM it is vital step in the EU-wide efforts aimed at ensuring diverse, secure and sustainable supply of critical raw materials for the member states’ industrial development. For example, secured access to critical raw materials is essential for such strategic sectors as clean […]
Carbon removal market in modern political economy: global and European approaches
Views: 59The process of mitigating negative climate-effective measures in national development includes several general (involving altering political economy’s facets, etc.) and specific means (like adaptive measures concerning increasing healthy environment and reduction of emissions, etc.). The article deals with some aspects of these pressing issues.
EU’s external trade: cooperation agreement with New Zealand
Views: 105The EU-New Zealand Free Trade Agreement is aimed at removing customs duties and bureaucracy that European firms face when dealing with export-import relations between the EU member states and New Zealand. External trade is an exclusive European Commission’s competence.
EU-wide priorities at the end of the Commission’s term…
Views: 68The Commission President underlined several priorities that have been valid at the end of the Commission’s College five years’ term: public investments in strategic sectors (with the stress on commodities), reducing the cost of energy, addressing the labor and skills shortage, and facilitating external trade.