The World Trade Organisation is one of the most successful instances of multilateral cooperation post-WWII. Yet WTO negotiators have yet found a way to break the recent deadlock on key elements such as the market access and rule-making dimensions on the agenda since 2001. This new CEPR Press book suggests the adoption of a ‘supply chain framework’ that could help to help mobilise greater support for concluding the Doha Round and provide a basis to use the WTO as a forum for learning from regional initiatives.

In May the €-coin indicator declined for the first time since June 2013

Research Fellow Rachel Griffith has won the 2014 Birgit Grodal Award, made in every even year to a 'European-based female economist who has made a significant contribution to the economics profession'.

CEPR Research Fellow Robert J. Gordon of Northwestern University has been named a Distinguished Fellow of the American Economic Association. Not more than four such awards are made in any one calendar year to economists of high distinction in the United States and Canada.

Richard Portes, President of CEPR, has been appointed as the inaugural holder of the Tommaso Padoa-Schioppa Chair in European Economic and Monetary Integration at the European University Institute. He will take up this post from September 2014 on a part-time basis while continuing at London Business School, where he is Professor of Economics.

This CEPR book shares the results of a series of policy-oriented think pieces on energy policy. The chapters deal with various facets of the energy policy challenges Europe as a region and European countries are likely to face in the foreseeable future.

€-coin rose slightly in January to 0.31 from 0.29 in December, reaching its highest level since the summer of 2011.

Stephen Broadberry has been appointed Director of the the Centre's Economic History Programme from 1 January 2014, taking over from Kevin O'Rourke, who has become CEPR Research Director. He is Professor of Economic History at the London School of Economics, and has taught at the Universities of Warwick, Oxford, Cardiff and British Columbia. His research interests include the development of the world economy from 1000 AD to the present; historical national accounts for Britain since 1086; the Great Divergence of productivity and living standards between Europe and Asia; sectoral aspects of comparative growth and productivity performance during the nineteenth and twentieth centuries; productivity in services; wars and economic performance.

The ‘shadow banking’ sector is a loose title given to the financial sector that exists outside the regulatory perimeter but mimics some structures and functions of banks. In Policy Insight 69, Enrico Perotti looks into what we have learned about shadow banking since the Global Crisis.

Kevin Hjortshøj O'Rourke has taken over from Lucrezia Reichlin as CEPR Research Director. O'Rourke is the Chichele Professor of Economic History at All Souls College, Oxford; and has served as Director of CEPR's Economic History Programme. He is Fellow of the British Academy and Member of the Royal Irish Academy, and a past President of the European Historical Economics Society. He has written extensively on the history of globalization, including Globalization and History (with Jeffrey G. Williamson), and Power and Plenty: Trade, War and the World Economy in the Second Millennium (with Ronald Findlay).

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