Insights

General Politics

Indonesia elections: three observations on Jokowi's victory

General Politics

Although official results of the Indonesian presidential and parliamentary elections have not been released, quick count results suggest that incumbent president, Joko Widodo (Jokowi), has secured a second term. The latest projections show that Jokowi won with around 56% of the votes, while his opponent, Prabowo Subianto, received 44%. As Indonesia awaits official results…

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General Politics

The race for a new Conservative leader

General Politics

UK: Senior Director, Stephen Adams, Practice Lead for UK Politics and Policy, Alex Dawson, and Senior Associate, Joe Armitage, discuss the process of selecting a new leader for the Conservative Party, differences from the leadership race in 2016 and potential front runners.

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Is inflation targeting dead?

General Policy

The consensus underpinning monetary policy in advanced economies over the past 30 years is weakening, with challenges from both the left and the right, and from within the central banking community. The implications are potentially far-reaching, including for institutional arrangements and the independence of central banks. Some central banks are more vulnerable to…

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General Politics

German industrial strategy: big firms for big challenges?

General Politics

Germany’s economy minister, Peter Altmaier, has presented a draft “national industrial strategy 2030” that seeks to formulate a response to fiercer international competition. It is the first time that a German government has sought to define a national and European industrial strategy. Altmaier’s proposal is thus an expression of a shifting cross-party consensus, largely…

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The EU’s new China strategy: Trumpism à la Bruxelles?

General Policy

Viewed from Brussels, April 2019 marks an inflection point in the EU’s strategic approach to China. By all accounts, EU institutions and member states managed to display unprecedented unity in protracted and difficult negotiations with Beijing ahead of the EU-China summit, confounding expectations to secure a set of important Chinese commitments towards a more reciprocal…

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Europe's 5G networks: is Huawei being excluded?

TMT

“No equipment supplier, including Huawei, should, or may, be specifically excluded from 5G roll-out”. These words come from Jochen Homann, the president of the German telecom regulator. This statement was interpreted by many in the media as a concession to Huawei and evidence of Europe’s more measured approach to 5G infrastructure than the US. However, the initiatives…

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General Politics

Are competition regimes ripe for change?

General Politics

Global Counsel Chief Economist, Gregor Irwin, and Head of Europe, Tom White, discuss Gregor's recent blog on why policymakers are coming under increasing pressure to reform competition regimes.

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General Politics

China in Europe: systemic rival or strategic partner?

General Politics

Global Counsel Senior Director, Stephen Adams and Senior Associate, Jens Presthus, discuss his recent blog about China’s relationships with the EU and individual European states.

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General Politics

Are competition regimes ripe for change?

General Politics

There is a growing body of evidence that suggests corporate market power may be increasing and that this is damaging macroeconomic performance. Moreover, the effects may be strengthening as the market power of some firms becomes more entrenched and capable of exploitation. This, combined with growing political attention in some major economies, means policymakers may come…

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General Politics

China in Europe: systemic rival or strategic partner?

General Politics

Last week’s EU-China summit and 17+1 meeting underscored something interesting in how China’s relationships with the EU and individual European states are developing. While a group of influential EU states view Beijing as a “systemic rival promoting alternative models of governance”, several EU and non-EU states increasingly see China as a strategic partner.

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'Ending naivety'? Implementing the EU International Procurement Instrument

TMT

The European Commission’s decision to block the merger of Siemens and Alstom has triggered a new phase in the debate on European industrial policy. Wary of conceding its own prerogatives on competition to Paris and Berlin, the commission has proposed a range of alternative tools, including a renewed push for the International Procurement Instrument (IPI). Like last year’s…

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Falling flat: lessons from the 2018 UK CO2 shortage

Energy & Commodities

The critical CO2 shortage experienced by the UK last summer was caused by a combination of increased demand – with England’s progress at the World Cup and an unprecedented heat wave in part to blame – and outages at key production facilities. But characterisation of the shortage as “a perfect storm” risks ignoring a structural fragility in the UK’s CO2 supply chain that…

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Meat analogues in the EU: A cut above the rest?

Sustainability

First it was tofu, then it was quorn, and now meat derived from a single animal cell and thus the creation of a new term – meat analogue. The meat analogue industry is one of the fastest growing consumer goods segments. It is also one of increasing political volatility and one in which regulation is struggling to keep up in a way that spurs innovation and shifts consumer…

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The politics of M&A with Peter Mandelson and John Fingleton

General Policy

UK: After a breakfast roundtable event, GC Chairman, Peter Mandelson and Fingleton Associates founder and CEO, John Fingleton, discuss the politics of mergers and acquisitions in the UK, Europe and globally.

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General Politics

China's two sessions and their implications for foreign investors

General Politics

ASIA: Global Counsel Head of Asia, Ying Staton, and Senior Associate, Brigitta Kinadi, sit down in GC's Singapore office to discuss recent economic developments in China and the implications of the two sessions.

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China's two sessions, three battles, and external tensions

Trade & Manufacturing

China’s “two sessions” were revealing about the tensions between the leadership’s internal and external policy objectives. The authorities are attempting to strike a balance between controlling slower growth and increasing urban employment, while reducing rural poverty, combatting pollution and reducing financial risk. The most important development was the passing of a…

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General Politics

Crimea: lost but not found

General Politics

Last week marked the fifth anniversary of the Russian annexation of Crimea from Ukraine (referred to as “accession” in Russia itself). President Putin descended on to Crimean soil to mark the date by opening new power stations while Moscow staged a three-day street festival to remember the Crimean “homecoming”. However, the public mood both in Crimea and in Moscow is…

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General Politics

Crimea: lost but not found

General Politics

Five years after the annexation of Crimea, GC Senior Director Stephen Adams and Practice Lead Alexander Smotrov look at how this event has impacted President Putin’s approval ratings, Russian economy, Crimean population and Ukrainian politics.

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