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On the show
From 17 epsHosts
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Recent episodes
Europe's China shock 2.0
Jun 23, 2026
39m 51s
AI, demographics and China
Jun 17, 2026
50m 27s
What you need to know about ETS
Jun 10, 2026
46m 05s
Where is the growth?
Jun 3, 2026
47m 58s
Reassessing China's role in the Middle East
May 27, 2026
40m 40s
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| Date | Episode | Topics | Guests | Brands | Places | Keywords | Sponsor | Length | |
|---|---|---|---|---|---|---|---|---|---|
| 6/23/26 | ![]() Europe's China shock 2.0 | In this episode of The Sound of Economics, Yuyun Zhan and Alicia García-Herrero invite Philippe Le Corre to examine the growing tensions at the heart of European Union-China relations. With China reporting a record $1.2 trillion trade surplus last year, European industries face intensifying competition across a far wider range of sectors than before, from chemicals and green tech to pharmaceuticals and, most visibly, the auto industry. They explore whether the EU's new trade instruments are up to the task, why member state fragmentation may be a bigger obstacle than Beijing itself and how the risk of Chinese retaliation constrains every move Brussels makes.Relevant research: García Bercero, I., B. McWilliams and S. Tagliapietra (2026) ‘The flaws in the European Union’s proposed Industrial Accelerator Act and how to fix them’, Policy Brief 10/2026, Bruegel This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Sign up now to receive it in your mailbox! | 39m 51s | ||||||
| 6/17/26 | ![]() AI, demographics and China | In this episode of The Sound of Economics, host Rebecca Christie looks into the future with Bruegel’s emerging talents Maria Catarina Louro, Tillman Schenk and Théo Storella. Demographic change is coming for the world, as fewer new workers grow up to replace earlier generations of workers. China is at a crossroads of not only population decline but also industrial dominance, putting its economy in renewed competition with the United States and Europe. And artificial intelligence will change the workforce, the manufacturing base and the productivity outlook all over the world. How should current policymakers and thinkers shape the world that lasts beyond their lifetimes? How can the field of economics contribute? Relevant research: Bruegel Dataset (2023) 'China economic database', version of 27 May 2026, Bruegel Dabrowski, M. and M. Catarina Louro (2025) 'Economic convergence, demography, labour markets: what progress have EU candidate countries made?' Analysis 29/2025, Bruegel García-Herrero, A., T. Storella and J. Xu (2025) 'European companies operating in China: from digging in to rethinking their presence', Working Paper 14/2025, Bruegel Richter, P. and T. Schenk (2025) 'EU data processing consent reform must account for market incentives', Analysis 39/2025, Bruegel Schenk, T. (2026) 'Chips Act 2.0 and beyond: Indispensability, not self-sufficiency', Comment May 2026, Encompass | 50m 27s | ||||||
| 6/10/26 | ![]() What you need to know about ETS✨ | carbon tradingemissions+4 | Simone TagliapietraFlora Marchioro | BruegelEuropean Union+3 | — | ETScarbon trading+5 | — | 46m 05s | |
| 6/3/26 | ![]() Where is the growth?✨ | economic growthinflation+5 | Andreas BillmeierMahmood Pradhan | European CommissionBruegel+2 | GermanyItaly+5 | economic forecastinflation+5 | — | 47m 58s | |
| 5/27/26 | ![]() Reassessing China's role in the Middle East✨ | ChinaMiddle East+4 | Jonathan Fulton | BruegelAtlantic Council+2 | — | ChinaMiddle East+5 | — | 40m 40s | |
| 5/20/26 | ![]() Money, stablecoins and the dollar✨ | moneystablecoins+4 | Barry EichengreenLucrezia Reichlin | BruegelMoney beyond borders : global currencies from Croesus to crypto+2 | — | moneystablecoins+5 | — | 35m 50s | |
| 5/13/26 | ![]() The European project✨ | European Unionenlargement process+4 | Valdis DombrovskisJeromin Zettelmeyer+1 | European CommissionBruegel+3 | UkraineRussia+1 | European UnionUkraine+5 | — | 39m 52s | |
| 5/6/26 | ![]() Weapons, war and confusion✨ | defence industryjoint procurement+4 | Guntram WolffSharon Weinberger | BruegelThe Wall Street Journal+4 | — | defence industryjoint defence+7 | — | 51m 39s | |
| 4/29/26 | ![]() Future-proofing and creative destruction✨ | sustainable financeEU disclosure framework+3 | Silvia MerlerDirk Schoenmaker | European UnionEuropean Central Bank+3 | — | sustainable financeEU disclosure+3 | — | 44m 37s | |
| 4/22/26 | ![]() Exploring Chinese trade deflection✨ | Chinese trade deflectionEuropean Union+3 | Isabelle MejeanVincent Vicard | BruegelCEPR+3 | — | Chinese tradetrade deflection+3 | — | 34m 59s | |
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| 4/14/26 | ![]() Hungary’s future✨ | Hungarian electionEU funds+4 | Zsolt DarvasHeather Grabbe | TISZAFidesz+4 | HungaryEuropean Union | Hungaryelection+7 | — | 44m 24s | |
| 4/13/26 | ![]() Why are global imbalances rising, and why does it matter?✨ | global imbalancestrade deficits+4 | Jeromin ZettelmeyerBeatrice Weder di Mauro | BruegelCenter for Economic Policy Research+2 | — | global imbalancestrade deficits+5 | — | 52m 02s | |
| 4/8/26 | ![]() Europe’s electric vehicle conundrum✨ | electric vehiclesgreen technology+4 | Ugnė KeliauskaitėAntoine Mathieu Collin+1 | Bruegel | — | electric vehiclesEU industrial policy+5 | European Climate Foundation | 45m 12s | |
| 4/1/26 | ![]() Montenegro’s power connection to the EU✨ | energy transitionMontenegro+4 | Admir ŠahmanovićNina Vujanović+1 | BruegelHelmholz-Zentrum Berlin+1 | MontenegroEuropean Union+2 | MontenegroEU membership+6 | — | 44m 04s | |
| 3/25/26 | ![]() What the heck is a 28th Regime?✨ | European Unioninnovation+4 | Fiona Scott MortonReinhilde Veugelers+1 | European CommissionBruegel+5 | — | 28th regimeEU Inc.+5 | — | 46m 45s | |
| 3/18/26 | ![]() Italy and Europe✨ | Italian economypolitics of Italy+5 | Emmanuel Mourlon-DruolFrancesco Papadia | Ventotene manifesto | ItalyFrance+1 | ItalyEuropean Union+5 | — | 38m 27s | |
| 3/13/26 | ![]() First assessment of China's 15th Five-Year Plan✨ | China's Five-Year Planeconomic policy+3 | Yuyun ZhanAlicia García-Herrero+1 | ChinaBruegel | — | Five-Year PlanChina+5 | — | 31m 08s | |
| 3/11/26 | ![]() Inflation, Iran and the Industrial Accelerator Act✨ | inflationEuropean economy+4 | Klaas KnotJeromin Zettelmeyer | European CommissionBruegel+3 | NetherlandsEuropean Union+2 | inflationEuropean Union+6 | — | 53m 53s | |
| 3/2/26 | ![]() Europe and the Iran war✨ | Iran conflictenergy prices+5 | Elina RibakovaSimone Tagliapietra+1 | BruegelFinancial Times+1 | EuropeIran+3 | Iran warenergy prices+5 | — | 45m 20s | |
| 2/25/26 | ![]() Where can Europe be independent? | In this episode of The Sound of Economics, host Rebecca Christie speaks to former EU Competition Executive Vice President Margrethe Vestager -- now chair of the board at Danish Technical University -- and Ditte Brasso Sørensen, who leads Think Tank EUROPA’s Stocktaking EU project, about how Europe can reduce its dependencies without grasping for the impossible goal of full economic independence. How can the European Union make its state aid framework fit for purpose? Can Europe anchor its own AI companies, and how will the big US firms manage their European business? What is the role of clean technology and critical raw materials in securing the EU’s future? Denmark’s experience of European integration, particularly on key topics such as Greenland and the euro, shows how countries can balance sovereignty with shared purpose.Related research: Brasso Sørensen, D. (2026) 'STOCKTAKING EU - Taking stock of the Commission's first year', EUROPA, available at: https://thinkeuropa.dk/en/node/4391 Grabbe, H. and J. Zettelmeyer (2024) ‘Not yet Trump-proof: an evaluation of the European Commission’s emerging policy platform’, Policy Brief 03/2025, Bruegel, available at: https://www.bruegel.org/policy-brief/not-yet-trump-proof-evaluation-european-commissions-emerging-policy-platform | 49m 21s | ||||||
| 2/18/26 | ![]() China’s financial system: big, powerful and still state-run | China’s banking sector has expanded from a fragile, state-dominated system in the 1990s into the largest in the world. But this increased scale has not brought with it a shift toward market-driven finance, with the core logic of state-directed control over credit remaining a central feature of Chinese banking. In this episode of The Sound of Economics, Yuyun Zhan sits down with Alicia García-Herrero and Fraser Howie to examine how banks continue to serve state priorities, funnelling household savings into politically favoured sectors while sustaining local governments and state-owned firms.This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Sign up now to receive it in your mailbox! | 32m 08s | ||||||
| 2/11/26 | ![]() Nature as equity | In this episode of The Sound of Economics, host Rebecca Christie talks about nature and markets with Bruegel’s Heather Grabbe and Estelle Cantillon, FRNS research director at the Université Libre de Bruxelles. They explore policy efforts to make protecting natural resources more of a financial priority, such as nature credits and nature shares, as well as the difficulty of setting up these kinds of systems. How can public money and private investors cooperate? How does a program like this avoid cheating, moral hazard and failure to deliver? Both government resources and investor buy-in will be necessary for habitats and biodiversity to find their way onto the world’s balance sheets.Relevant research: Cantillon, E., E. Lambin and B. Weder di Mauro (2025) 'Policy Insight 145: Designing and scaling up nature-based markets', CEPR Policy Insight, 145, CEPR Press, available at https://cepr.org/publications/policy-insight-145-designing-and-scaling-nature-based-markets Fiore, A. and H. Grabbe (2025) ‘Nature markets: how can credits and shares provide durable, additional finance?’ Policy Brief 20/2025, Bruegel Pisani-Ferry, J., B. Weder di Mauro and J. Zettelmeyer (eds) (2025) 'Paris Report 3: Global Action Without Global Governance: Building coalitions for climate transition and nature restoration', Report, CEPR Press, available at https://cepr.org/publications/books-and-reports/paris-report-3-global-action-without-global-governance-building | 42m 55s | ||||||
| 2/4/26 | ![]() Tax, sovereignty and the EU | In this episode of The Sound of Economics, host Rebecca Christie sits down with Bruegel’s Pascal Saint-Amans and Roel Dom to talk taxes. What happened to the OECD global minimum tax and the digital services levy debate in the wake of Washington’s turn against international agreements? How is the European Union gathering resources for its next budget? What is the difference between a tax and a levy – and why does it matter? Tax policy is social policy, and Bruegel’s new EU Tax Observatory project will shine a light on what’s going on.Relevant Research: Christie, R. (2021) ‘Do robots dream of paying taxes?’, Policy Brief, 05 October, Bruegel, available at: https://www.bruegel.org/policy-brief/do-robots-dream-paying-taxes Darvas, Z., R. Dom and M. Lappe (2025) 'CORE concerns: why a turnover based levy is wrong for the EU budget’, First Glance, 22 July, Bruegel, available at: https://www.bruegel.org/first-glance/core-concerns-why-turnover-based-levy-wrong-eu-budget Dom, R. (2026) 'How the global minimum tax amendments could reshape Europe’s tax incentives', Analysis, 14 January, Bruegel, available at: https://doi.org/10.64153/WEHR5625 Dom, R., C. Greppi-Maturana and P. Saint-Amans (2025) ‘Shifting priorities, slow progress: an analysis of EU tax recommendations,’ Working Paper 29/2025, Bruegel, available at: https://doi.org/10.64153/SIZA8089 Saint-Amans, P. (2026) ‘With Trump, what is left of the global minimum tax?’, Newsletter, 19 January, Bruegel, available at: https://www.bruegel.org/newsletter/trump-what-left-global-minimum-tax Saint-Amans, P. (2026) 'Has the global minimum tax survived Trump?' Analysis, 13 January, Bruegel, available at: https://doi.org/10.64153/HIUN6608 | 43m 05s | ||||||
| 1/28/26 | ![]() All about CBAM, the cross-border carbon levy | In this episode of The Sound of Economics, host Rebecca Christie sits down with Bruegel’s Ignacio García Bercero and Ben McWilliams to talk about the evolution of the European Union’s carbon border adjustment mechanism, known as CBAM. When will companies start paying? Which countries and sectors will be hit the hardest? And how will cross-border carbon levies work for electricity markets, given how hard it is to trace emissions to electrons? We discuss what it means to crack down on carbon leakage and how the EU can make the most of its new tools going forward.Relevant Research: CBAM and carbon pricing: forging fair paths to climate stability, Bruegel Event, 22 May 2024 McWilliams, B. R. Stubbe and G. Zachmann (2025) 'The case for delaying the application of the EU’s carbon border levy to electricity', Analysis, 19 November, Bruegel, available at https://doi.org/10.64153/ZFMB9781 Zachmann, G. and McWilliams, B. (2020) 'A European carbon border tax: much pain, little gain', Policy Contribution 05/2020, Bruegel, available at https://www.bruegel.org/policy-brief/european-carbon-border-tax-much-pain-little-gain | 44m 55s | ||||||
| 1/21/26 | ![]() China’s Yuan and Europe’s industry: a growing imbalance | In this episode of The Sound of Economics, host Yuyun Zhan is joined by Bruegel Senior Fellow Alicia García-Herrero and Jürgen Matthes of the German Economic Institute to discuss a growing concern for Europe’s economy: the undervaluation of Yuan, the Chinese currency and its impact on European competitiveness.Is China’s price advantage the result of productivity and innovation, or of deeper structural distortions such as subsidies, overcapacity, and currency management? And what policy options does Europe realistically have when existing trade defence instruments seem ill-suited to address economy-wide price and exchange-rate effects?Relevant research: Matthes, Jürgen, 2025, Yuan Undervaluation against the Euro: Unfair Cost Advantages for China?!, IW-Report, Nr. 36, Köln García-Herrero, A., T. Storella and J. Xu (2025) ‘European companies operating in China: from digging in to rethinking their presence’, Working Paper 14/2025, Bruegel This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Sign up now to receive it in your mailbox! | 43m 03s | ||||||
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