Alicia Garcia-Herrero Journalist Profile

Articles

Despite Trump, Europe Should Not Flee into China’s Arms

1 week ago | thewirechina.com | Ella Apostoaie |Alicia Garcia-Herrero

One would think Europe had already learned its lesson about the huge costs of strategic dependencies. The continent’s first reality shock came with China during the pandemic, when Europe had to beg for ventilators and masks. Its second major dependency, which turned out to be extremely costly, was on Russian gas, as exposed after Russia’s invasion of Ukraine.
China would balk at a sweeping Mar-a-Lago accord

Dec 17, 2024 | ft.com | Alicia Garcia-Herrero

The writer is chief economist for Asia Pacific at Natixis and senior research fellow at Bruegel The Chinese economy has been struggling...
Better braced for disaster: upgrading EU support mechanisms

Dec 9, 2024 | cyprus-mail.com | Alicia Garcia-Herrero |Juan Lopez |Juan López |Jean Christou |Tom Cleaver

By Alicia García-Herrero and Juan Mejino Lopez The European Union needs to adapt its emergency funding mechanisms to the increasing number and severity of climate catastrophes. Devastating flooding in Valencia, Spain, in October 2024 was a symptom of climate change and may be repeated elsewhere – to increasingly disastrous effect. More funding will be needed to react and adapt to such events as their economic costs are substantial and increasing.
Europe’s economic challenges discussed at the European Forum Alpbach

Dec 9, 2024 | bruegel.org | Alicia Garcia-Herrero |Juan Lopez |Juan López |Guntram B. Wolff |Marek Dabrowski

IntroductionThe European Forum Alpbach is an annual conference, staged since the 1940s in Austria, where the challenges faced by Europe and the European Union are discussed. At the 2024 forum (17-30 August 2024), Bruegel participated as a Track Reporting Partner covering the finance and economy track. This article summarises the discussions relating to six issues within that track. The six issues, which are in line with Bruegel’s Research Programme 2024/2025, were:The evolution of inequality.
The evolution of European public goods

Dec 4, 2024 | bruegel.org | Emmanuel Mourlon-Druol |Alicia Garcia-Herrero |Juan Lopez |Juan López |Zsolt Darvas

In this episode of The Sound of Economics, Rebecca Christie invites Johanna Breuer, Emmanuel Mourlon-Druol and Federico Fabbrini to delve into the intricate dynamics of European public goods and how to pay for them. Together, they explore the historical, legal, and political foundations of joint European financing—tracing its evolution from the post-WWII period to recent crises like the pandemic and the war in Ukraine. Relevant publication:Mourlon-Druol, E.
Updating the EU strategy on China: co-existence while derisking through partnerships

Oct 31, 2024 | bruegel.org | Alicia Garcia-Herrero

The European Union-China relationship has deteriorated markedly since the EU introduced a three-part strategy in 2019 based on partnership, competition and systemic rivalry. Th e relationship has been undermined by China’s support for Russia’s aggression in Ukraine and its increasingly anti-Western foreign policy that aims to alter the international rules-based system.
The Sound of Economics Live: The US voted - what now?

Oct 29, 2024 | bruegel.org | Alicia Garcia-Herrero |Zsolt Darvas

Ask your question on Sli.do #elections24Join Bruegel’s Heather Grabbe, Fiona Scott Morton and Guntram Wolff for a special live broadcast of the Sound of Economics podcast, hosted by Rebecca Christie, to discuss next steps after the U.S. elections on Nov. 5. How will Europe work with the new President and new Congress? What will this mean for Ukraine? What will each side prioritize to stay competitive? Join us for a Europe-centric view from both sides of the Atlantic.
The EU’s duties on EVs are a turning point in EU-China relations

Oct 20, 2024 | thewirechina.com | Alicia Garcia-Herrero |Ella Apostoaie

After a tight vote in favor of keeping in place countervailing duties on electric vehicles (EVs) imported from China on October 4, the European Commission is now in negotiations with China to see if a compromise can be reached over the amount of its EVs which may enter the European single market, and under what conditions.
Stimulus Measures Expose Weakness Since Third Plenum

Oct 18, 2024 | jamestown.org | Alicia Garcia-Herrero

Executive Summary:Two major developments have followed the Third Plenum in July. First, a series of economic data releases indicated that the plenum had done nothing to improve the country’s short-term outlook. Second, a series of stimulus measures were announced over a two-week period, that have so far failed to reinvigorate the economy.
What can Europe learn from Japanification?

Oct 16, 2024 | bruegel.org | Alicia Garcia-Herrero

While the term Japanification is usually taken negatively, Japan actually managed a very challenging economic situation with an ageing population and low productivity growth.