The Russian invasion of Ukraine in 2022 led to unprecedented sanctions aimed at denying Russia access to critical technologies essential for sustaining its war efforts. This paper examines whether trade sanctions targeting military goods were undermined by evasion, specifically through...

This policy brief looks into the future of EU-Southern Mediterranean trade relations. It evaluates the current trade and contractual instruments governing these relations and asks if they are sufficient or if more is needed to exploit trade opportunities and manage trade challenges in the...

The globalization of food trade has needed robust traceability systems to ensure consumer safety, quality and sustainability product. By fostering transparency in agricultural practices and encouraging responsible resource use, traceability plays a key role in protecting the environment and...

We provide a selective overview of the literature on the linkages between interstate conflict and international trade, paying special attention to how trade openness (i) affects arming incentives, (ii) the channels through which its effects travel, and (iii) its consequences for the emergence of...

We extend a quantitative general equilibrium model of global trade networks to evaluate the economic impacts of various trade disruptions. Our analysis considers scenarios such as US-China trade wars, a broader Cold War 2.0 decoupling, Trump-era tariffs, and disruptions in the trade of critical...

Als Bestandteil der Weltwirtschaft sieht sich die deutsche Industrie drei Herausforderungen gegenüber. Erstens, der unilateralen Handelspolitik von "Trump 2.0" und ihre negativen Auswirkungen auf die globale Handelsordnung. Zweitens, der sinkenden globalen Nachfrage nach deutschen Exportgütern...

This paper examines the potential impact of border carbon adjustments on Trinidad and Tobago's exports. Despite its marginal contribution to global greenhouse gas emissions, the country's high carbon intensity exposes the economy to global low-carbon transition risks. The paper aims to raise...

The European Union has implemented various trade policies in the textile and clothing sector, a major global employment generator, over the past three decades. This paper investigates how these evolving policies have impacted the four largest exporters of textiles and clothing to the EU. A...

Die Studie untersucht die technologische Leistungsfähigkeit Deutschlands im internationalen Vergleich anhand von Daten zur sektoralen Wertschöpfung sowie mittels Daten zum Handel mit Industriegütern. Sie zeigt, dass die deutsche Wirtschaft weiterhin stark auf die Produktion hochwertiger...

In light of recent pronouncements of tariff hikes in the United States (US) and the retaliatory responses of major economies such as China, Canada, and Mexico, this paper revisits the global value chains (GVC) experience of the Philippines amid the trade tensions between China and the US from...

Die Corona-Pandemie und geopolitische Ereignisse, wie der russische Angriffskrieg auf die Ukraine, wirken sich stark auf die Außenhandelsbilanz Deutschlands aus. Für Sachsen, mit einer Exportquote von rund 40% im Verarbeitenden Gewerbe, stellt sich die Frage, wie sich die Handelsstrukturen in...

Purpose - The purpose of this paper is to analyse the international political economy of Korea and its effects due to geopolitical tension between China and the USA. Design/methodology/approach - Economic war between China and the USA has prolonged longer than expected. Aftermath of the COVID-19...

In sheer quantity, the five original BRICS countries appear impressive. They account for a substantial share of the world's population, economy, trade and muster large militaries. In January 2024, BRICS gained even more steam, by admitting four new member states that participated in the most...

How the use of industrial robots affects value capture in fragmented global production networks, represented by global value chains (GVCs), remains an open question. I focus on the automotive industry - the largest consumer of industrial robots and one of the most traded manufacturing industries...

The African Continental Free Trade Area (AfCFTA) promises a new era of economic integration and industrial growth across the continent. But how can Africa truly harness this potential, especially in the vital textiles and apparel sector? This report explores the key challenges and opportunities...

Technological advancements in the financial sector are widely recognized as transformative for global trade and supply chains, significantly improving access to financial services while enhancing the security, efficiency, transparency, and flexibility of transactions between exporters and...

We develop and test a theory of efficient international trade. Efficiency gains arise through lower trade costs faced by 'trade specialists', whose superiority over 'common traders' manifests itself through lower trade costs. To test our theory, we construct and deploy a novel dataset based on...

This paper empirically examines the impact of trade facilitation on the trade of intermediate goods in Korea, China, and Japan, along with their trading partner countries, during the period from 2008 to 2017. We particularly focus on the distinct roles of hard and soft environments in trade...

This study explores the role of regional trade agreements (RTAs) in mitigating the negative effects of uncertainty on trade, focusing on their depth and differential impacts on global value chain (GVC) and traditional trade. By employing an augmented gravity model with data from 70 countries...

The Combined International Trade and Investment Data (CITID) represents a new innovative and comprehensive data landscape that combines firm-level data focused on international trade and investment. The datasets are sourced from both the Deutsche Bundesbank and the Federal Statistical Office of...