6 January 2020

Erik Berglof

Chief Economist at the European Bank for Reconstruction and Development.
  • The ongoing trade and technology war could represent an opportunity for China to extend its production networks in Asia, and to reduce its exposure in Europe and other parts of the West, the author says. Photo: Bloomberg

    The decline of global value chains

    - Jan 3, 2020 9:39am
    For more than a decade, China has been haunted by the prospect of getting stuck at an income level below that of the developed world (the “middle-income trap”). But the country’s economy is well on its...
  • China has come a long way in its economic development, but is it stuck? On the contrary, its chances of becoming a high-income economy are high. Photo: Bloomberg

    Is China growth story as good as it gets?

    - Mar 17, 2016 9:23am
    “What if this is ‘as good as it gets’?” Jack Nicholson asks, as he walks through his psychiatrist’s waiting room in the eponymous film. At the recent meeting of G20 finance ministers meeting in Shanghai, participants...
  • A Ukrainian soldier mans a roadblock in the eastern Ukrainian town of Slaviansk. It is hard to imagine what is currently happening in eastern Ukraine could happen in Poland, which became a member of the European Union 10 years ago. Photo: Reuters

    Europe’s Precarious New Normal

    - May 15, 2014 7:39am
    A decade ago, 10 countries joined the European Union. Today, Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia are universally recognized as fully integrated European countries. The extraordinary political transitions set...