Alicia Garcia Herrero, Natixis Asia Pacific Chief Economist, Bruegel Senior Fellow The unprecedented sanctions imposed on Russia in the wake of its invasion of Ukraine will devastate its economy, but just how bad things will get will depend on China and how much economic aid Beijing is prepared to extend…

Alicia Garcia Herrero, Natixis Asia Pacific Chief Economist, Bruegel Senior Fellow The unprecedented sanctions imposed on Russia in the wake of its invasion of Ukraine are likely to have devastating consequences. But this will depend on whether Russia manages to bypass the sanctions or, at very least, mitigate them. China…

Alicia Garcia Herrero, Natixis Asia Pacific Chief Economist, Bruegel Senior Fellow From supply chain bottlenecks to rising inflation, an important question for all stakeholders is whether we are going to see an end to the chip shortage crisis. While the limited supply of chips has resulted in higher prices for…

Alicia Garcia Herrero, Natixis Asia Pacific Chief Economist, Bruegel Senior Fellow When it comes to demographics, Asia is a continent with two very different narratives. A big chunk of Asia is aging, from China to Japan, South Korea, Taiwan and even developing economies like Thailand or frontier markets like Sri…

Alicia Garcia Herrero, Natixis Asia Pacific Chief Economist, Bruegel Senior Fellow The Chinese economy did relatively well in 2021 thanks to its insulation from the Covid19 pandemic and a very strong external demand. …

Alicia Garcia Herrero, Natixis Asia Pacific Chief Economist, Bruegel Senior Fellow Chinese policy makers have been engaged in a massive regulatory crackdown for over a year. A number of sectors have been affected, starting with the tech sector, followed by the education sector. At the same time the real estate…

Alicia Garcia Herrero, Natixis Asia Pacific Chief Economist, Bruegel Senior Fellow As the green transition takes off globally, the adoption of electric vehicles (EVs) has become a fundamental part of this strategy because cars are an important source of carbon emissions (about 12% globally), although not as much as industrial…

Alicia Garcia Herrero, Natixis Asia Pacific Chief Economist, Bruegel Senior Fellow China has become central to economies in the Middle East with widening economic and political ties. The most obvious facet of the closer relationship was expected in trade, which has grown increasingly unbalanced. For oil-exporting economies, imports grew faster…

Alicia Garcia Herrero, Natixis Asia Pacific Chief Economist, Bruegel Senior Fellow This has not been an easy year despite the strong fiscal and monetary support to Covid-struck economies, especially in the Western world. Such support has allowed the North American and European economies to grow above potential amid repeated waves…