In 2011, the most severe drought in Texas history caused $7.62 billion in losses in the agricultural sector alone. This paper analyzes ripple effects of the 2011 drought in Texas agriculture on the entire state economy retrospectively in an effort to foster discussion on targeted mitigation...

Many new and efficient technologies require "critical metals" to function. These metals are often extracted as by-product of another metal, and their future supply is therefore dependent on mining developments of the host metal. Supply of critical metals can also be constrained because of...

This paper assesses whether or to what extent the macroeconomic imbalances, which emerged in the "North" and "South" of the European Monetary Union before the financial and economic crisis of 2008/09, are symmetric. First, we show that the imbalances stemmed from different growth patterns and...

This paper deals with the international trade interrelations between Spain and its closest neighbours to the South and West: Portugal and Morocco. It analyses the importance of optical products in the trade balance with those countries. To do so, a Social Accounting Matrix for Spain is used as a...

This paper examines the trends in skill and activity upgrading in global value chains (GVCs) and the drivers of upgrading in Asian economies. It uses the newly constructed ADB Multi-Region Input- Output Tables as well as occupation data on jobs by educational attainment and business activities,...