This paper studies the impact of geopolitical risks on international trade, using the Geopolitical Risk (GPR) index of Caldara and Iacoviello (2022) and an empirical gravity model. The impact of spikes in geopolitical risk on trade is negative, strong, and heterogeneous across sectors. The...

Internationalisation of Companies - From Geopolitics to Geo-accounting -- Opportunities to Attract Foreign Direct Investments by Leveraging Financial Accounting Information -- Financial Reporting Framework in Emerging Economies – BRICS -- Accounting and Tax Policies Applied to Transfer Pricing...

Geopolitics deeply matter for modern businesses since events around the globe may have serious and long-lasting effects to production, supply-chains and general demand for products and services. The existence of an interconnected world has supply chains stretching into many continents while...

Due to continuous power struggles between global powers, the Balkans have maintained their geopolitical nature as an international border area. As the world readies itself for a second term of the Trump presidency, the Balkan nations are facing a crucial point in their development. This chapter...

We investigate the macroeconomic effects of two recent major geopolitical events on the euro area economy, namely, the outbreak of the Israel-Hamas war and the Russian invasion of Ukraine. To take into account the heterogeneity of geopolitical events, we do not seek to identify a homogeneous...