China is widely seen as one of the sources of global macroeconomic imbalances. Its persistent current account surplus and capital exports to the United States are even cited as one of the causes of the global financial crisis. The most common explanation traces China's current account surplus to...

China has by far the largest foreign exchage reserves in the world. This article contributes to the understanding of this extraordinary phenomenon. Before the financial crisis the economic relationship between China and the U.S. always seemed harmonious. The United States was the main export-...

This paper is a summary of the case studies about the question: why are some people and countries more protectionist than others? Some economist (Rodrik, O’Rouke and Pasadilla et al.) have studied it with econometric analysis. After studying with some data sets they find out that: gender,...

Der Input-Output-Analyse wird in der ökonomischen Theorie seit längerer Zeit nur geringe Aufmerksamkeit zuteil. Der vorliegende Aufsatz soll ein Beitrag dazu sein, sie wieder in den Mainstream der Debatte zurückzuholen. Es wird gezeigt, dass klassische Modelle der ökonomischen Theorie –...