27.11.2020 - Economics, Politics & Philosophy

World Trade and RCEP Free Trade Agreement

by Norbert F. Tofall

The RCEP is not an introduction to a new block formation. However, the RCEP is an unmistakable sign of an economic shift of weight from the North Atlantic to the Asia-Pacific region.

17.11.2020 - Economics, Politics & Philosophy

The digital renminbi as a geoeconomic tool

by Norbert F. Tofall

The renminbi cannot compete with the dollar and the euro in international payment transactions. The introduction of a digital renminbi should change this.

05.11.2020 - Economics, Politics & Philosophy

The USA have elected

by Norbert F. Tofall

Political and social polarization in the United States has now progressed so far that democratic institutions have been damaged.

30.10.2020 - Economics, Politics & Philosophy

Bequest of objectivity in monetary policy

by Norbert F. Tofall

Central bank independence can be used for objectives that contradict the original mandate. The desired objectivity is replaced by a bequest of monetary policy.

16.10.2020 - Economics, Politics & Philosophy

The USA before the elections

Crisis without alternative?

by Norbert F. Tofall

In November new elections will be held in the USA and already today the biggest losers are clear: polarization and protracted problems have damaged democratic institutions.

11.09.2020 - Economics, Politics & Philosophy

The relationship between the EU and the USA

by Norbert F. Tofall

Without the US security guarantee, the EU would not have come into being. Transatlantic relations and a united Europe are therefore mutually dependent - even today.