Global asymmetries strike back
Asymmetries in the global economy arising from economic concentration, global value chains, financial centres, digital networks and the enduring supremacy of the dominant currency are becoming harder to ignore.
In this essay, Jean Pisani-Ferry addresses an old question that international relations scholars view as fundamental, but which economists regard as secondary: that of asymmetries in international economic relations. This publication provides a cross-cutting economic perspective on the analysis of global asymmetries at a time of growing emphasis on polarisation and power relations.
>> Watch the launch event of this publication with Jean Pisani-Ferry, Hélène Rey, Adam Tooze and Sabine Weyand (link to the Bruegel website)
>> Download the paper (link to the Bruegel website)