This report from the European Restructuring Monitor (ERM) looks at recent developments in the construction sector in different European countries. It highlights the way in which the sector is being affected by the current downturn, and how companies have responded to the crisis. The study also...

One of the main stylised facts that has emerged from the recent literature on global value chains is that bilateral trade imbalances in gross terms can differ substantially from those measured in value added terms. However, the factors underlying the extent and sign of the differences between...