European economies: Caught between a rock and a hard place?

Date

October 31, 2024, 2:15 PM to 3:45 PM EDT
Virtual Event

Hans-Helmut Kotz (Minda de Gunzburg Center for European Studies, Harvard University), Sigmar Gabriel (Minda de Gunzburg Center for European Studies, Harvard University), Sarah Guillou (Sciences Po), Cecilia Malmström (PIIE) and Adam S. Posen (PIIE)


Jointly organized by the Peterson Institute for International Economics (PIIE) and the Minda de Gunzburg Center for European Studies at Harvard University (CES). Registration is not required.

Event Summary

Tensions between the United States and China have been rising during both the Trump and Biden administrations. The Russian invasion of Ukraine added substantially to the impact of these conflicts on Europe. Inevitably, geopolitics bears upon economics. De-risking global value chains is the new imperative. Europe, characterized by its small, open economies, is profoundly challenged by these new background conditions. The challenges come in two dimensions. They concern national security: how to organize and pay for significantly increased demands on public budgets. Concurrently, national security prerogatives affect economic models: how to adapt Europe's export-oriented economies to a less benign trade environment.

This event is jointly organized by the Peterson Institute for International Economics (PIIE) and the Minda de Gunzburg Center for European Studies at Harvard University (CES) and is part of the European Economic Policy Forum event series at CES.

MODERATOR

Hans-Helmut Kotz
Visiting Professor of Economics, Resident Faculty, and Seminar Chair, Minda de Gunzburg Center for European Studies, Harvard University

SPEAKERS

Sigmar Gabriel
Chairman, Atlantik-Brücke; Member of the Bundestag and Vice Chancellor (2013–18), Federal Republic of Germany; Senior Fellow, Minda de Gunzburg Center for European Studies, Harvard University

Sarah Guillou
Director, Innovation and Competition Department, Observatoire Francais des Conjonctures Économiques, Sciences Po

Cecilia Malmström
Nonresident Senior Fellow, Peterson Institute for International Economics

Adam S. Posen
President, Peterson Institute for International Economics

Video