The Two-Lane Highway and the Twelve-Lane Autobahn: Shifting Commercial Ties Among the U.S., Europe and China
The pandemic and its ripple effects generated disruptions across both China-centric and transatlantic supply chains. Even before the pandemic hit, countries and companies were reconsidering the pros and cons of allowing China to become “the factory of the world.” The new landscape is likely to be very different than before the pandemic, as the hyper-globalization model of just-in-time supply chains built around hyper-efficient cross-border trade in tasks is reshuffled into a different type of globalization that is built around less complex and opaque, and more resilient and robust supply chains framed by China/Southeast Asia on the one hand, and the United States and Europe on the other.
TRANSATLANTIC ECONOMY 2021
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Global Europe Program
The Global Europe Program addresses vital issues affecting the European continent, US-European relations, and Europe’s ties with the rest of the world. We investigate European approaches to critical global issues: digital transformation, climate, migration, global governance. We also examine Europe’s relations with Russia and Eurasia, China and the Indo-Pacific, the Middle East and Africa. Our program activities cover a wide range of topics, from the role of NATO, the European Union and the OSCE to European energy security, trade disputes, challenges to democracy, and counter-terrorism. The Global Europe Program’s staff, scholars-in-residence, and Global Fellows participate in seminars, policy study groups, and international conferences to provide analytical recommendations to policy makers and the media. Read more
