Angesichts der großen ökologischen Herausforderungen, wie dem Klimawandel und dem Verlust der Biodiversität, hat die ökologische Gesetzgebung in den letzten Jahrzehnten zunehmende Bedeutung erfahren. In vielen Ländern wurden gesetzliche Maßnahmen ergriffen, die den ökologischen...

We examine effects of government-imposed employment targets on firm behavior. Theoretically, such policies create “polarization,“ causing low-productivity firms to exit the market while others temporarily distort their employment upward. Dynamically, firms are incentivized to improve...

On 30th May 2024, the African Continental Free Trade Area (AfCFTA) celebrated its fifth anniversary, which legally implied that the agreement is up for review for possible amendments. To kickstart this review, the Thirty-Seventh Ordinary Session of the African Union Summit (held in February...

US President Donald Trump has recently announced that tariffs on US imports from Canada and Mexico will take effect on March 4, 2025. This policy brief shows that the US tariffs would have a large impact on the North American neighbors. In the event of retaliation, all sectors of the economy...

The paper examines the effect of macroeconomic imbalances on bank lending with emphasis on the exchange rate movement, inflation differential and fiscal deficit. In the study, bank lending is modelled by gross loans and advances, assets quality and risk appetite. The panel GMM model results show...

Die derzeitige Evaluierungspraxis und Evidenzorientierung politischer Prozesse ist in Deutschland noch deutlich ausbaufähig. Internationale Erfahrungen zeigen die großen Vorteile einer systematischen, evidenzbasierten Politikgestaltung. In wirtschaftlich und politisch angespannten Zeiten ist...