Wie würde die deutsche Wirtschaft eine harte wirtschaftliche Abkopplung von China bewältigen? Um dem nachzugehen, simulieren die Autoren mithilfe eines quantitativen Handelsmodels ein Szenario, in dem sich die Weltwirtschaft in drei Blöcke aufspaltet: die G7-Staaten und ihre Verbündeten,...

How would the German economy cope with a hard economic decoupling from China? The authors study a scenario where the global economy fragments into three distinct blocs: the G7 economies and their allies, China and her allies, as well as neutral countries. German trade with China would have to be...

Trade barriers have become an increasingly popular policy design for protecting and nurturing domestic clean-tech manufacturing industries in major economies, including the US, EU, Canada, and India. Confronted with a surge of Chinese solar photovoltaics (PV) imports at drastically reduced...

Declining correspondence banking relationship was a major feature of the banking industry in the Member States of the West African Monetary Zone WAMZ from 2013 to 2016. This objective of this study, therefore, was to clarify our understanding of the drivers of declining corresponding banking...

Declining correspondence banking relationship was a major feature of the banking industry in the Member States of the West African Monetary Zone WAMZ from 2013 to 2016. This objective of this study, therefore, was to clarify our understanding of the drivers of declining corresponding banking...

Stagnating globalisation, the possible weaponisation of dependencies by autocracies, and US-China tensions threaten to disrupt Germany's export-driven economic model. But German efforts to 'derisk' that model remain underdeveloped, as does its policy toolkit. Germany's most important trade...

We exploit proprietary information on severed correspondent banking relationships (due to the stricter enforcement of financial crime regulation) to assess how payment disruptions impede cross-border trade. Using firm-level export data from emerging Europe, we show that when local respondent...

Außenpolitische Souveränität ist ein Mittel zum Zweck, sein Umfeld so mitzugestalten, dass es den eigenen Werten und dem eigenen Interesse an Frieden, Sicherheit, Wohlfahrt und Partizipation auf internationaler Ebene zuträglich ist. Maßstab dafür, wie souverän ein Akteur agieren kann, ist...

CA representative pensioner is considered for the evaluation of some of the cost factors for the career-average-revalued-earnings (CARE) defined benefit scheme of USS (the Universities Superannuation Scheme). Since the promised benefit increases with inflation, the return on the pension...

We study how terminated correspondent banking relationships affect international trade. Drawing on firm-level export data from emerging Europe, we show that when local banks lose access to correspondent services, their corporate clients experience significant export declines. This trade...