‘Being European […] means being open and trading with our neighbours […]. It means being the world’s biggest trading bloc, with trade agreements in place or under negotiation with over 140 partners across the globe’, said Jean-Claude Juncker, President of the European Commission, in his State of the Union on 14 September. Juncker thereby explicitly referred to research by (among others) FEB professor Erik Dietzenbacher, when he stated: ‘And trade means jobs – for every €1 billion we get in exports, 14,000 extra jobs are created across the EU. And more than 30 million jobs, 1 in 7 of all jobs in the EU, now depend on exports to the rest of the world.’
Juncker mentioning the report
EU Exports to the World: Effects on Employment and Income is a telling example that the research by Dietzenbacher, Iñaki Arto, José M. Rueda-Cantuche, Antonio F. Amores, Nuno Sousa, Letizia Montinari and Anil Markandya is having an impact. The report aimed to be a valuable tool for trade policymakers. The report features a series of indicators to illustrate in detail the relationship between trade, employment and income for the EU as a whole and for each EU Member State using the World Input-Output Database (WIOD) as the source for the data.
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