While the environmental consequences of geopolitical tensions have received growing academic attention, little is known about how these dynamics manifest in the Middle East and Africa (MEA)-a region both environmentally vulnerable and geopolitically fragile. Even less is understood about how...

We present the first systematic analysis of how countries cover each other in the news, using a newly constructed dataset of 55,240 media sources from 176 countries between 2015 and 2022, drawing upon a corpus of 1.4 billion online news articles. We document a pattern of global media bias:...

This study investigates the impacts of geopolitical risks on corporate leverage decisions of Vietnamese listed firms from 2017 to 2024. The research findings reveal a negative impact of geopolitical risks on both corporate leverage and short-term leverage. That is, Vietnamese listed firms...

Geoeconomic fragmentation - the phenomenon of international transactions being increasingly restricted to politically aligned partners - creates risks for individual countries but also opportunities that some hope to seize by becoming "connector" countries. We modify a standard trade model by...

This paper draws on trade data, academic literature, government reports, and policy documents to contextualize historic trade dynamics and trace the buildup to recent disputes. Using a comparative framework, we analyze how Sino-U.S. and Sino-Canada relations have shaped and continue to shape...

Conventional wisdom holds that American material superiority leaves Europe with little room for manoeuvre. We dispute this. Raw power is not leverage. Leverage arises from asymmetric dependencies—the capacity to impose costs without incurring proportionate harm. Examining macroeconomic ties,...

Competitiveness has returned to the fore of European economic policymaking with a vengeance. In this paper, we scrutinize the recent debate on the need for promoting European competitiveness, as prominently diagnosed by the Draghi Report. By disaggregating the overall academic and...

The evolving geopolitical landscape has placed South Africa at a crossroads, torn between its historical ties to the West and its growing relationships with BRICS+ nations, particularly China and Russia. The country's recent political shift, marked by the African National Congress (ANC) losing...

Central Asia has emerged as a key region where the convergence of geopolitics and development cooperation is most visible. Major powers are redefining their approaches: Japan combines official development assistance (ODA) with commercial partnerships to advance connectivity and reform; the EU is...

Hybrid threats encompass a range of hostile activities aimed at achieving geopolitical objectives, including cyberattacks, infrastructure sabotage, espionage, economic and political coercion, disinformation, and other forms of hybrid warfare. We construct a Geopolitical Hybrid Threat (GHT) index...

We examine how foreign macroprudential tightening transmits through multinational firms' internal capital markets. Using subsidiary exposure to countercyclical capital buffer (CCyB) increases, we find that while bank credit to subsidiaries falls 10 percent, parents fully substitute this via...

This study examines the economic and environmental impacts of fossil fuel subsidies in the European Union (EU) during the energy crisis triggered by the 2022 Ukraine war, focusing on their implications for corporate performance and sustainability. Using a panel dataset of 100 publicly listed...

Nach der Erholung vom Pandemie-Schock, der das Wirtschaftsleben in den Jahren 2020 und 2021 stark beeinträchtigte, kommen die wirtschaftlichen Aktivitäten in Deutschland nunmehr seit drei Jahren nicht mehr über das Niveau des Jahres 2019 hinaus. In dem vorliegenden Beitrag wird eine...

Die Weltwirtschaft steht im Frühjahr 2025 im Zeichen sich tiefgreifend ändernder geopolitischer und wirtschafts- politischer Rahmenbedingungen. Vor dem Hintergrund des Politikwechsels in den USA sind insbesondere in Europa, aber nicht nur dort, neue sicherheitspolitische Herausforderungen...

The security situation in Europe and Germany has fundamentally changed, particularly due to Russia's war of aggression and the declining reliability of transatlantic security guarantees. At the same time, the global race for technological supremacy is intensifying. Germany must now initiate a...

In just a few short months, the new government administration in the United States has thrown the world order into disarray. A potential global trade war, new global value chain configurations and shifting security alliances are reshaping geopolitics. Given the current uncertainty, access to...

The document brings together contributions from 40 experts, researchers, and specialists from Austria, Armenia, Azerbaijan, Belgium, Bulgaria, France, Georgia, Greece, Iran, India, Kazakhstan, Republic of Korea, Republic of Moldova, Poland, Romania, Pakistan, Türkiye, Ukraine, Hungary, and...

Vor dem Hintergrund einer sich verändernden globalen Wettbewerbssituation dominieren Fragen von Sicherheit und Autonomie neben Wettbewerbsfähigkeit die politischen Debatten und Handlungsstrategien und haben scheinbar die grüne Agenda der EU in den Hintergrund gedrängt. Doch weder...

Die Türkei ist nicht nur ein wichtiger Absatzmarkt für deutsche Kraftfahrzeuge, sie exportiert zugleich in bedeutendem Umfang Automobile und diverse Komponenten nach Deutschland. Durch ihre Einbindung in die deutschen Lieferketten tragen türkische Zulieferer maßgeblich zur internationalen...

Die österreichische Außenwirtschaft ist ein zentraler Motor des wirtschaftlichen Wachstums. Dieser Motor ist jedoch zunehmend ins Stottern geraten. Gründe dafür sind - neben innerstaatlichen Faktoren - wachsende geopolitische Unsicherheiten und Krisen, die schwächelnde deutsche...

The discussion around globalization often overlooks historical context and real-world dynamics, especially in the context of global development. This study examines the relationship between information and communication technology (ICT), geopolitical risks (GPR), and globalization in Pakistan...

Economic sanctions have emerged as critical instruments of geopolitical strategy, with significant ramifications for global energy markets, innovation trajectories, and the transition to sustainable energy systems. This study offers a qualitative synthesis of literature and case studies spanning...