Welcome to the Institute of European Studies project to promote dialogue about EU-Canada relations. Here you will find traditional research in the form of brief policy papers and analysis. The site is also an interface for the public to express their opinions on EU-Canada relations in general and economic and environmental cooperation in particular. The site will hopefully act as a gateway to the wider news and opinion forums that are available.
Economists know that you can’t have everything at the same time. This is particularly true in international economics where the trilemma truism reigns: You can’t simultaneously have a fixed exchange rate regime, open capital markets and an independent monetary policy. Current developments have reminded us that this trilemma actually contains a fourth component: free trade. In other words, currency policies have trade implications. And ever since the Brazilian Finance Minister, Guido Mantega, warned of a looming currency war, international political attention is beginning to turn to the murky world of currency markets.Tagged as:
We have released a new Policy Brief in anticipation of this week's G-20 Summit in Toronto. G-20 Infighting: Canada and the EU Clash on the Proposed Global Banking Levy, as the title suggests, discusses the Canadian proposal for an international banking levy.
The topic is certainly the source of much controversy on each side of the Atlantic. What do you think of this controversy or other planned proposals at the Summit? We encourage you to leave your comments below.
Looking for a comprehensive examination at Canada’s position at the upcoming G-20 meeting from a European perspective? The Friedrich-Ebert-Stiftung has produced a policy analysis titled, Canadian Perspectives on Global Economic Governance and the G20.