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8th Asia Europe Economic Forum (AEEF8)

European Troubles, Asian Worries

Project Period: Contact: Department: Programme: Theme:
Governance & Economy Department Asia Europe Economic Forum (AEEF) Economy

Brussels, Belgium

The Asia-Europe Foundation (ASEF), has linked up with a consortium of top think tanks in both Asia and Europe to organise the Asia Europe Economic Forum (AEEF) programme.

The first conference to involve the support of ASEF, took place on 21-22 January 2013 at Bruegel in Brussels, Belgium. Under the topic, “European troubles, Asian worries”, the 8th installment of the AEEF brought together top level economists from academe, business, government agencies and think tanks from both Asia and Europe.

Established in 2006, the AEEF serves as a high level forum, offering Asian and European policy experts a platform for in-depth research-based exchanges on regional, inter-regional and global issues of mutual interest. The programme consolidates the linkages between economists, practitioners and institutions from both Asia and Europe.

The AEEF consortium consists of the Asian Development Bank Institute (ADBI), Bertelsmann Stiftung, Bruegel (overall secretariat), Centre d'Etudes Prospectives et d'Informations Internationales (CEPII), Institute of World Economic and Politics – Chinese Academy for Social Sciences, and Korea University.

The videos featured on this page are courtesy of Bruegel.


  • Asian Development Bank Institute
  • Bertelsmann Stiftung Foundation
  • Bruegel
  • Centre d'Etudes Prospectives et d'Informations Internationales
  • Institute of World Economic and Politics – Chinese Academy for Social Sciences (IWEP-CASS)
  • Korea University

Project Updates

  • Deleveraging and Global Growth

    Published on 03 Jun 2013

    The paper ‘Deleveraging and global growth: A call for coordinated macroeconomic policies’ is published based on the discussions at the Asia Europe Economic Forum (AEEF) conference, ‘European Troubles, Asian Worries’, on 21-22 January 2013, in Bruegel, Belgium.

    The paper focuses on the key issue of deleveraging and its impact on global growth. Co-authored by renowned economists from Asia and Europe, the paper examines the impact that rising stock markets and decreasing spreads on sovereign bonds in the euro area can have on the contribution from advanced economies towards more robust global growth.

    The paper discusses the remaining deleveraging that firms, households, sovereigns and banks have to undergo and the potential impact that will have on the demand shortfall of advanced economies.  Using insightful data from the McKinsey Global Institutes recent study on Debt and Deleveraging, the paper goes on to look at interesting developments in private and public debt in both Asia and Europe.

    To read the full report click here.

    The Asia-Europe Foundation (ASEF) joined the AEEF consortium in January 2013. The next conference will take place in Beijing, China in October 2013. For more information, click here.

  • Photo credit: Vivien Hertz and Bruegel

    “Europe and Asia have acquired their own experiences in dealing with financial crises and have respective strength and capacities to achieve growth. They should learn from one another, tap into their respective potentials and tie over the present difficult situation together”, said Ambassador ZHANG Yan, Executive Director, Asia-Europe Foundation (ASEF). He was addressing the participants of the 8th Asia-Europe Economic Forum (AEEF) Conference, held in Brussels, Belgium (21-22 January 2013).

    During the conference, Ambassador ZHANG announced that ASEF will join the organising consortium to support the AEEF programme for the next two years. Since 2006, the AEEF meetings have brought together leading economists, academics and policy makers from leading institutions in Asia and Europe. The programme serves as a platform to discuss the hottest economic and financial issues for both regions.

    In joining the AEEF consortium, ASEF will team up with six renowned institutions from Asia and Europe. These include the Asian Development Bank Institute (ADBI), Bertelsmann Stiftung, Bruegel, Centre d'Etudes Prospectives et d'Informations Internationales (CEPII), Institute of World Economic and Politics – Chinese Academy for Social Sciences and Korea University.

    Read more…

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