Afrika ist ein Kontinent mit immensen Zukunftschancen, steht aber großen Herausforderungen gegenüber. Das Wirtschaftswachstum der vergangenen Jahre war vielerorts hoch, die Bevölkerung wird sich bis 2050 verdoppeln, aber die Pro-Kopf-Einkommen sind immer noch sehr niedrig. Das wirtschaftliche...

The Schengen Agreement has guaranteed unchecked travel across internal EU borders since 1995. Has it also facilitated trade flows? Our econometric analysis suggests that Schengen has boosted trade by 3% on average (equivalent to a drop in tariffs by 0.7 percentage points). Goods trade is more...

The authors analyze the economic consequences of the Economic and Trade Agreement (ETA) between China and the USA, also referred to as the Phase-I Deal, which was signed on January 15, 2020. It is a highly asymmetric treaty which commits China to open its markets and to purchase large quantities...

On 9 december 2016, the upper house of Japan's parliament approved the Trans-Pacific Partnership (TPP). Prime Minister Shinzo Abe has pushed for the TPP's ratification despite US President Trump's decision to pull out the deal, insisting it would send a signal about Japan's continuing support to...

The global economic crisis in 2008 triggered a debate about increasing protectionism. Global leaders are increasingly under pressure to protect their domestic industries. The scope to increase tariffs is rather limited under the WTO regulations. In this study we analyze whether the latter...

The negotiations between Japan and the EU over a free trade agreement are taking place during times in which global economic integration is increasingly questioned. With TTIP on hold and TTP no longer pursued by the US, a successful trade deal between two leading economic powers such as Japan...

This paper provides a quantitative analysis of the new EU-Japan free trade agreement (FTA), the biggest bilateral deal that both the EU and Japan have concluded so far. It employs a generalized variant of the Eaton-Kortum (2002) model, featuring multiple sectors, input-output linkages, services...