Die USA stehen am Beginn eines Wahljahres. Die Wahlen am 3. November 2020 werden prägenden Einfluss auf das transatlantische Verhältnis und auf globale Kooperationsstrukturen auf vielfältigen Themengebieten haben. Dabei geht es nicht nur um die Frage, ob die aktuelle Administration für...

China's expansionary economic policy toward Western countries was not predicted only in Washington but also in the EU. As expected, the EU became aware of the fact that China is a tough competitor, redesigning not only the world economy but also challenging Europe under the 17+1 and the Belt and...

This study provides early ex-post empirical evidence on the effects of provisionally applied Economic Partnership Agreements (EPAs) on two-way trade flows between the European Union (EU) and the African, Caribbean and Pacific Group of States (ACP). Employing the gravity model of trade, we do not...

Developing countries today face multiple interlinked macroeconomic, financial, climate, and development challenges. South-South cooperation is an important element for developing countries to meet these challenges individually and collectively, and in multilateral North-South dialogue and global...

This paper presents a review of recent studies that estimate the trade effects of foreign aid. It also provides new results obtained using panel data techniques to estimate the direct effects of aid on international trade, accounting for countries' participation in free trade agreements, and the...

Viele Fragen rund um den Brexit sind weiterhin offen. Es kann nicht ausgeschlossen werden, dass sich Großbritannien und die Europäische Union nicht auf einen Austrittsvertrag einigen können. Dann könnte es zu einem sogenannten harten Brexit (No-Deal Brexit) kommen. Wir haben die...

In der Debatte, ob sich Deutschland gegenüber China robuster positionieren soll, wird zuweilen darauf verwiesen, dass die deutsche Wirtschaft und vor allem einzelne deutsche Dax-Konzerne stark von China abhängen. Vor diesem Hintergrund wird in diesem Report die ökonomische Abhängigkeit des...

The People's Republic of China experienced a tremendous economic development within the last four decades. The increased economic power and political weight of China are challenging the USA and EU. Furthermore, the strategies used by China for its own development, e.g. broad-based industry...

Using highly disaggregated transaction-level trade data, we document the importance of new firmlevel trade partner relationships and the addition of new products to existing relationships in driving long-run import flows. Moreover, we find that these margins are sensitive to movements in the...

In this paper we do a detailed analysis of Austrian gross export data at the industry level in order to detect potential trade specialisation lock-in effects vis-à-vis the countries from Central, East and Southeast Europe (CESEE). In addition we analyse Austrian global value added export...

Since June 2018 Australia and the European Union have been negotiating a Free Trade Agreement. This book offers insights from recognised experts in the field, from Australia, Europe and Asia, on the potential economic benefits to be reaped from greater economic openness. It addresses issues of...

Globalisation has had a profound effect on economic outcomes, especially in emerging market economies (EMEs). In particular, it is widely acknowledged to have been a major driver of the strong income growth and reduction in poverty witnessed in EMEs in the past few decades. Despite these...

Since the beginning of 2017, a paradigm change in international trade policy is observed. While the protectionist agendas are on the rise, the EU and Japan signed an Economic Partnership Agreement (EPA) on 17 July 2018. It is the most ambitious agreement of the EU with any Asian state. The study...