Announcement
Jeromin Zettelmeyer, Director of Bruegel, gives an overview of Europe’s response to the US’ Inflation Reduction Act, analyzing how the EU has responded so far, and presents Bruegel’s recent policy brief and its recommendations. The 2022 United States Inflation Reduction Act (IRA) is a significant and welcome climate law. It also includes trade-distortive subsidies, including local-content requirements prohibited under World Trade Organisation rules. In responding to the IRA, the EU should not just seek to protect its competitiveness relative to the US but to pursue broader aims, including competitiveness in general, speedy decarbonisation and broad foreign policy and development policy goals.
Information
- Time and Date: 16:00-17:00, Friday, July 21, 2023 (JST)
- Venue: Online
- Language: English
- Admission: Free
- Hosts: Research Institute of Economy, Trade and Industry (RIETI) / EU-Japan Centre for Industrial Cooperation (EUJC)
Speakers
- Speaker:
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- Jeromin Zettelmeyer (Director, Bruegel)
Jeromin Zettelmeyer has been Director of Bruegel since September 2022. Born in Madrid in 1964, Jeromin was previously a Deputy Director of the Strategy and Policy Review Department of the International Monetary Fund (IMF). Prior to that, he was Dennis Weatherstone Senior Fellow (2019) and Senior Fellow (2016-19) at the Peterson Institute for International Economics, Director-General for Economic Policy at the German Federal Ministry for Economic Affairs and Energy (2014-16); Director of Research and Deputy Chief Economist at the European Bank for Reconstruction and Development (2008-2014), and an IMF staff member, where he worked in the Research, Western Hemisphere, and European II Departments (1994-2008).
Jeromin holds a Ph.D. in economics from MIT (1995) and an economics degree from the University of Bonn (1990). He is a Research Fellow in the International Macroeconomics Programme of the Centre for Economic Policy Research (CEPR), and a member of the CEPR’s Research and Policy Network on European economic architecture, which he helped found. He is also a member of CESIfo. He has published widely on topics including financial crises, sovereign debt, economic growth, transition to market, and Europe’s monetary union. His recent research interests include EMU economic architecture, sovereign debt, debt and climate, and the return of economic nationalism in advanced and emerging market countries.
- Jeromin Zettelmeyer (Director, Bruegel)
- Commentator:
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- TAMURA Akihiko (Consulting Fellow, RIETI / JETRO (Japan External Trade Organization) Paris)
- Moderator:
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- TANABE Yasuo (Consulting Fellow, RIETI / Managing Director, EU-Japan Centre for Industrial Cooperation)
