Chapter News

14 Jan
Chapter News, Trade & TTIP Related

DoC | Prioritizing Space Commerce Within the Commerce Department

Today, the Department of Commerce Office of Space Commerce published a report on the department’s space commerce accomplishments under the Biden-Harris Administration.  A message from Don Graves, Deputy Secretary of Commerce Under the Biden-Harris Administration, the Department of Commerce has taken many concrete actions to promote the growth and competitiveness of the U.S. commercial space sector. The Department’s strategic objective to “advance U.S. leadership in the global commercial space industry” makes the lives of American citizens easier every day. Critical space services –...

Read more

13 Jan
Chapter News, New York Related News

NY Fed | Inflation Expectations Mixed; Job Turnover Expectations Decline

NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the December 2024 Survey of Consumer Expectations, which shows that inflation expectations were unchanged at the short-term horizon, increased at the medium-term horizon, and decreased at the longer-term horizon. The average perceived likelihoods of a job loss, voluntary job separation, and finding a job in the event of a job loss all declined. While year-ahead household income growth expectations declined slightly and are now comparable to...

Read more

10 Jan
Chapter News

ECB | Public vs. private R&D: impacts on productivity

Blog post by Arnaud Dyèvre | Investments in R&D typically foster productivity growth. But the funding source matters. The ECB Blog shows that publicly funded R&D complements private investments and has greater effects on productivity growth because of its larger spillovers. Arguably, the track record of government-funded innovation is mixed. On the one hand, governments have funded some technological endeavours that later turned out to be unsuccessful and costly. On the other hand, the history of technology is also filled...

Read more

09 Jan
Chapter News, Trade & TTIP Related

DoC | International Trade Administration Highlights 2024 Achievements to Strengthen U.S. Competitiveness and Economic Security

WASHINGTON, D.C. - The U.S. Department of Commerce’s International Trade Administration (ITA) is proud to announce its 2024 achievements, highlighting key efforts to enhance the competitiveness of U.S. businesses and workers, strengthen supply chains, and drive innovation in international trade. “2024 was yet another impressive year for U.S. competitiveness across international markets,” said Under Secretary for International Trade Marisa Lago. “From strengthening supply chains to sustaining U.S. leadership in technology and innovation, ITA continues to enhance U.S. economic security and promote...

Read more

09 Jan
Chapter News

ECB | Energy shocks, corporate investment and potential implications for future EU competitiveness

Prepared by Pablo Anaya Longaric, Alessandro De Sanctis, Charlotte Grynberg, Vasileios Kostakis and Francesca Vinci Published as part of the ECB Economic Bulletin, Issue 8/2024.   1 Introduction The surge in energy prices following the unjustified Russian invasion of Ukraine exposed the EU to the largest energy shock since the 1970s. As a key input in virtually any production process, the sharp rise in energy prices not only contributed to a surge in inflation and a loss of purchasing power for households but also to...

Read more

08 Jan
Chapter News

IMF | Has New Public Financial Management had its Day?

By Julie Cooper and Tim Youngberry | New Public Financial Management (NPFM) emerged in the 1980s as a transformative approach to public sector governance, aimed at enhancing efficiency, accountability, and responsiveness. Rooted in principles drawn from private sector management, NPFM promotes results-oriented practices such as performance-based budgeting, measurable outcomes, and decentralized management. Its objectives align closely with those of traditional PFM: ensuring fiscal discipline, strategically allocating resources, and delivering services efficiently and effectively. However, while NPFM's objectives are commendable and...

Read more

08 Jan
Chapter News

ECB | What explains the high household saving rate in the euro area?

Prepared by Alina Bobasu, Johannes Gareis and Grigor Stoevsky | Following a pandemic-related surge in 2020, the household saving rate in the euro area fell back to its pre-pandemic average by mid-2022 but has since risen again noticeably. The seasonally adjusted euro area household saving rate, as reported by Eurostat in the quarterly sector accounts, rose sharply after the outbreak of the COVID-19 pandemic. This was mainly due to the lockdowns imposed to contain the spread of the virus, which dampened...

Read more

06 Jan
Chapter News, Trade & TTIP Related

DoC | By the Numbers: Almost All U.S. States and the District of Columbia See Increase in GDP and Incomes

Last week, the Commerce Department’s Bureau of Economic Analysis announced that GDP and personal income increased in almost every U.S. state according to the latest data from their report on Gross Domestic Product by State and Personal Income by State, 3rd Quarter, 2024.  Real gross domestic product increased in 46 states and the District of Columbia. The nation's GDP grew at an annual rate of 3.1 percent in the third quarter and has grown by 12.6% under the Biden-Harris Administration. In addition, Americans continue to make and...

Read more

20 Dec
Chapter News, Trade & TTIP Related

EXIM Bank | Export-Import Bank of the U.S. Chair Reta Jo Lewis Highlights EXIM’s Clean Energy Deals and Work with E.U. Companies During the International Economic Forum of the Americas’ Conference of Paris

Paris, France – This week, Export-Import Bank of the United States (EXIM) Chair Reta Jo Lewis delivered remarks during the International Economic Forum of the Americas’ (IEFA) Conference of Paris and met with industry leaders in the pharmaceutical, finance, and renewable energy sectors. Over the course of the week, Chair Lewis highlighted EXIM’s efforts to promote U.S. technologies that can reduce emissions and support U.S. jobs. In remarks during a panel titled, “Scaling Lower Carbon Economies at Speed,” Chair Lewis said...

Read more

19 Dec
Chapter News

European Commission | Strategic Dialogue on the Future of the European Automotive Industry to start in January

On 27 November 2024, in a speech to the European Parliament, President of the European Commission Ursula von der Leyen announced her decision to convene a Strategic Dialogue on the Future of the Automotive Industry in Europe. The Dialogue will be officially launched already in January 2025, with a view to swiftly proposing and implementing measures the sector urgently needs. Commission President, Ursula von der Leyen, said: “The automotive industry is a European pride and is crucial for Europe's prosperity. It drives innovation, supports millions of...

Read more

«‹3738394041›»