America First, Made in China 2025 – and Europe?

A European Perspective on the World Economy: ZEW President’s New Year’s Lecture

What can we expect in 2020? The global economy is fragile. The trade dispute between the USA and China has been shaking the markets and weakening the economy. Both US President Donald Trump with his slogan “America First” and Chinese President Xi Jinping with his “Made in China 2025” strategy are pursuing a nationally oriented economic policy. Germany with its export-led economy particularly suffers from this trade conflict, all while having to cope with the structural change brought about by digital transformation and the energy transition. Germany and Europe are struggling to find an adequate response to these economic challenges and to react to this new international economic order.

At ZEW we closely analyse these developments, give detailed assessments and develop concrete recommendations on how Europe and Germany should position themselves in the coming years. In this first ZEW New Year’s lecture, President Professor Achim Wambach will discuss these challenges and provide an outlook into the future. Please note that this is a German-speaking event.

We would like to thank the ZEW Sponsors’ Association for Science and Practice for supporting the event.

Participation is by invitation and for members of the ZEW Sponsors’ Association.

Venue

ZEW – Leibniz-Zentrum für Europäische Wirtschaftsforschung

23.01.2020
18:00 – 20:00 (CET)

America First, Made in China 2025 – and Europe?

At the premiere of his New Year's Lecture at the ZEW Mannheim, ZEW President Achim Wambach also took a look at economic expectations in the USA.

At his first New Year’s Lecture at ZEW Mannheim, ZEW President Achim Wambach also took a look at economic expectations in the USA. © Erich Dichiser EDM

About 110 guests attended the New Year's Lecture at ZEW with Achim Wambach.

Around 110 guests from the realms of academia, politics and business attented the lecture. © Erich Dichiser EDM

During the New Year's Lecture Achim Wambach referred to current results from the ZEW China Economic Panel.

When analysing the economic expectations for China, Achim Wambach referred to the latest results from the ZEW China Economic Panel. © Erich Dichiser EDM

ZEW President Achim Wambach taking a look at the World Economy with some alumni during the New Year's Lecture.

Trump’s aggressive tariff policy even has its advantages for the EU, according to Wambach: “We actually benefit from trade diversions.” © Erich Dichiser EDM

During the New Year's Lecture ZEW President described that trade with China is growing.

Trade with China is growing, the ZEW President explained. © Erich Dichiser EDM

ZEW President taking a look at the World Economy with some alumni during the New Year's Lecture.

Dr. Georg Müller, chairman of the ZEW Sponsors’ Association and CEO of MVV Energie AG, taking part in the debate. © Erich Dichiser EDM

ZEW President Achim Wambach answering questions from the audience. © Erich Dichiser EDM

Numerous members of the ZEW Sponsors' Association took part in the ZEW New Year's Lecture with Achim Wambach.

Many members of the ZEW Sponsors' Association attended the first New Year’s Lecture. © Erich Dichiser EDM

ZEW alumna Dr. Jenny Meyer joining the debate. © Erich Dichiser EDM

Before the New Year’s Lecture, there was an alumni meeting with the ZEW board of directors. © Erich Dichiser EDM

Picture gallery at Flickr

On the occasion of the first New Year’s lecture, ZEW also organizes an alumni meeting. All alumni are cordially invited to the join the get-together with the ZEW Board of Directors at 5 pm.

You can look forward to meeting old colleagues and new faces at ZEW. Please write to Katharina Kober (katharina.kober@zew.de) to confirm your participation by 17 January 2020.

We look forward to seeing you!

Are you interested in supporting an independent research institution that shapes economic policy debates with insights drawn from rigorous studies and robust data? Then become a member a make a difference.

Please do not hesitate to contact Katharina Kober at the ZEW Sponsors’ Association’s office: foerderkreis@zew.de.

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