We examine impact of economic sanctions on Russian import prices using detailed data on other countries’ exports to Russia. We find that unit import prices of goods sanctioned by trading blocs such as the European Union have increased, often drastically, and even when imported to Russia from...

This paper provides an in-depth analysis of the regional features of Ukraine's foreign trade in goods, focusing on export and import dynamics for 2024 and historical trends. The study aims to assess the state of foreign economic activity across different regions of Ukraine, using statistical...

Using a method inspired by quantum principles, this study estimates the composition of various types of tax contributions expected from foreign trade operations. The estimation approach is proposed considering the superposition of expectations and disturbances-fundamental elements of quantum...

Large volumes of e-waste collected under formal schemes in high-income countries are still processed informally in developing ones, despite continuous policy efforts to reverse this trend. This paper shows that the persistence of informal e-waste processing is a consequence of how global waste...

Russia's full-scale invasion of Ukraine in February 2022 has triggered profound structural changes in the country's economy, reshaping patterns of foreign trade, foreign direct investment and sectoral specialisation. This paper analyses the shifts in Ukraine's trade and investment structures...

New importers increase their conditional survival rate and import share over time. However, a model of multi-input firms with an import entry cost and stochastic import costs cannot replicate these dynamics. I show that an extended model can be reconciled with the data. I calibrate both models...

Letters of credit are a key trade finance instrument that covers more than 10 percent of global trade, with a notably larger role in low-and middle-income economies. Studying detailed trade data from Viet Nam, we document how letter of credit use varies with firm characteristics. We show that...

Im Rahmen der Außenhandelsstatistik wird der Warenverkehr zwischen Deutschland und den anderen Mitgliedstaaten der Europäischen Union durch eine Befragung von Unternehmen erfasst. Neue innovative Verfahren und technischer Fortschritt im Statistischen Bundesamt und auf europäischer Ebene haben...

The fertiliser industry in the European Union is undergoing structural transformations imposed by EU commitments to become carbon neutral by 2050. In terms of the existing possibilities, the industry is in the attention of decision-makers and investors, with various business models being...

The development of export-import activity at all levels of the national economic system is an important factor and the result of globalization and country integration in the world economy. The elaboration of sound public policy related to export-import activity is based on its assessment and...

Investigating the trajectories of economic nationalisms in Cold War Europe, this open access book explores the scope and limits of small (nation-)state actors pursuing and defending national economic interests in a globalizing world. In so doing, it contributes a new perspective in the economic...

This policy brief considers the economic dependencies of Finland and the European Union on the United States. We seek to provide an overview of dependencies related to foreign trade, direct investment and finance, excluding closely related topics such as technological dependencies. The US is a...

This paper examines whether non-binding ("soft") AI-related provisions in preferential trade agreements (PTAs) move trade and how their effects compare with binding ("hard") provisions. The motivation is straightforward: digital rules are spreading quickly, but legal enforceability is uneven. We...

We examine impact of economic sanctions on Russian import prices using detailed data on other countries' exports to Russia. We find that unit import prices of goods sanctioned by trading blocs such as the European Union have increased, often drastically, and even when imported to Russia from...

Europa: • Deutschland muss sich wieder als wichtiger Teil und als eine der Führungsnationen der EU verstehen. Die neue Bundesregierung sollte in außenwirtschaftlichen Fragen konsequent europäisch denken und handeln. • Nur ein starker EU-Binnenmarkt schafft Augenhöhe mit den USA und...

Europe: • Germany must once again see itself as an important part of and a leading nation within the EU. The new German government should consistently think and act in a European way on foreign trade issues. • Only a strong EU single market can compete on equal terms with the USA and China....

The majority of global trade moves by sea through hub-and-spoke shipping networks. We investigate the returns to being a hub country by analyzing how transshipment activity shapes trade and supply chains. We show that most US imports especially from smaller origin countries are transshipped via...

This study examines the impact of the South Asian Free Trade Agreement (SAFTA) on participation in global value chains (GVCs) among South Asian economies, specifically Bangladesh, India, and Pakistan. This research offers new empirical insights into the relatively underexplored relationship...

This policy brief considers the economic dependencies of Finland and the European Union on the United States. We seek to provide an overview of dependencies related to foreign trade, direct investment and finance, excluding closely related topics such as technological dependencies. The US is a...

Using a state of the art structural gravity model, we investigate the impact of various (post-)colonial cocoa trading arrangements on the cocoa trade between developing cocoa producer countries and rich industrial cocoa consumer nations in the time period 1951 to 1999. We find that in particular...

This paper examines whether non-binding ("soft") AI-related provisions in preferential trade agreements (PTAs) move trade and how their effects compare with binding ("hard") provisions. The motivation is straightforward: digital rules are spreading quickly, but legal enforceability is uneven. We...

This paper examines the evolution of global merchandise trade, between 2010 and 2022, assessing the share of imports subject to regional trade agreements (RTAs). A key question for us is whether the share of merchandise trade subject to preferences has kept pace with the proliferation in RTAs....

The Most-Favoured-Nation (MFN) principle has historically been instrumental in promoting stability and equitable trade conditions. In recent decades there has been a rise in bilateral and regional trade agreements, which deviate from the MFN principle in providing more favourable tariff...