Social governance models of global value chains (GVCs) are criticized as being dominated by advanced economy multinational corporations (MNCs) and primarily focusing on civil society organizations (CSOs) from developed countries, marginalizing the local agency, knowledge, and needs of...

Savings play a critical role in both individual financial well-being and economic development. This article examines the impact of financial literacy, income, educational level, and age on saving decisions across 136 countries, using data from the Global Financial Inclusion Database (2021) and...

Global development policy is a particularly revealing field in which the Trump administration combines crude transactionalism with a high level of ideological commitment, namely an authoritarian libertarianism oriented toward elite interests. This is coupled with, at times, a chaotic absence of...

Global public goods (GPGs) are goods that are produced locally but have global effects. GPGs are essential for securing global development. The climate and biodiversity crises, pandemics, as well as fragility, conflict and violence are threatening livelihoods and well-being around the world, and...

This background paper highlights the urgent need for climate‑resilient sanitation systems as cities face increasing climate‑related pressures. The growing impacts of extreme weather events expose the deep interconnections between sanitation and other essential urban systems, including water...

The semiconductor industry comprises two distinct sectors: advanced chips for smartphones or data centers and less advanced ones for cars. While political and media attention focuses on advanced chips, European industry does not use them. NVIDIA and TSMC dominate the supply of the most advanced...

Corporate environmental, social, and governance (ESG) ratings are receiving growing attention in the current literature. However, most empirical studies fail to examine whether corporate ESG ratings are influenced by financial globalization (FG). This study offers a novel perspective by...

Foreign direct investment and the activities of multinational enterprises play an essential role in shaping employment outcomes, particularly in developing and emerging economies. With globalization and the expansion of global value chains, understanding how FDI influences labour markets has...

We interpret the increased polarization in Western societies over global economic issues as an interaction of economic forces and shifts in a society's social identity equilibrium. We combine social identity theory with standard small open economy model of international trade to study the effect...

This introduction grounds the middle-income (MI) trap by looking at the empirical realities of firms, sectors, national, and subnational institutions embedded in global value chains (GVCs). While MI-trap scholarship has shed light on macro-structural constraints, it often overlooks international...

We use a dynamic spatial general equilibrium model of international investment and production to investigate the real implications of the last five decades of financial globalization. We introduce a wedge accounting framework to estimate country- and time-varying measures of outward and inward...

This paper analyses the role of loan guarantees in supporting the internationalisation of Indian firms through outward foreign direct investment (OFDI) since the mid-2000s. Despite a persistent domestic savings-investment gap and recurrent current account deficits, Indian OFDI has expanded...

Most firms aspire to longevity, yet only a minority survive more than their initial years. Unsurprisingly, then, business survival has long attracted the interest of many academics. The various factors thought to influence business longevity have generated multiple studies on ownership status,...

Nach mehreren Piloterhebungen wurde die Statistik zu globalen Wertschöpfungsketten für den Berichtszeitraum 2021 bis 2023 erstmals als Erhebung mit Auskunftspflicht durchgeführt. Sie stellt Informationen über die Einbindung deutscher Unternehmen in globale Wertschöpfungsketten bereit,...

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:...

More than three billion people are at work across the globe, and it takes up a huge chunk of the time humans spend on this planet. Policymakers say they want to see 'more and better jobs' or 'decent work for all' but are good jobs expanding, and if so for whom? Or are bad jobs taking over?...

By constructing a unique international database on generalized trust covering 142 countries worldwide for 41 years from 1980 to 2020, this paper finds a pronounced intertemporal variation of generalized trust over time in a majority of countries across the globe. When analyzing the time series...

Nach mehreren Piloterhebungen wurde die Statistik zu globalen Wertschöpfungsketten für den Berichtszeitraum 2021 bis 2023 erstmals als Erhebung mit Auskunftspflicht durchgeführt. Sie stellt Informationen über die Einbindung deutscher Unternehmen in globale Wertschöpfungsketten bereit,...

The return of trade policy as an instrument of geopolitics has raised concerns about the future of the global trading system. But Trump's tariffs of 2025 have not led to a collapse of global trade. The key reason for this resilience is that Trump's tariffs are discriminatory, i.e. the US has a...

The European Union (EU) emerged as a product and beneficiary of the Liberal International Order (LIO). Yet, as this order disintegrates, marked by multipolarity, thin multilateralism, and the return of power politics, the EU has taken unprecedented integrative steps, including joint debt...

With growing consumer concerns about the environmental and social impacts of their purchases, some multinational corporations (MNCs) have begun publishing lists of their first-tier and other upstream suppliers with varying levels of detail and analysis in Corporate Social Responsibility (CSR)...

STRING (South Western Baltic Sea Transregional Region - Implementing New Geography) is a regional cooperation of urban centers and regions in the Nordic countries and Northern Germany. The study shows that the member countries of STRING have developed dynamically over the last decades, both...

Die Einführung der Unternehmensgruppe als eigene Einheit im statistischen Unternehmensregister ermöglicht es, Unternehmensgruppen präziser darzustellen. Um dabei die Qualität zu sichern, wurde die "Manuelle Unternehmensgruppenbearbeitung" eingeführt, die die Strukturen dieser Gruppen...

Die politische Debatte dreht sich derzeit verstärkt um die Forderung, die deutsche Wirtschaft solle ein neues Geschäftsmodell entwickeln. Mit einer stagnierenden Globalisierung, zunehmendem Protektionismus und geoökonomischen Spannungen sei besonders der bisherige starke Fokus auf die...

Der Beitrag stellt ausgewählte Auswertungen zu Unternehmensgruppen im statistischen Unternehmensregister dar und beschreibt anhand dieser verschiedene methodische Ansätze zur Erfassung ihrer Strukturen. Mit dem vor Kurzem erfolgten Ausbau der Datenbank des Unternehmensregisters für die...

Die Anfälligkeit der Lieferketten europäischer Unternehmen gegenüber politisch bedingten Störungen und die festgestellte Bereitschaft autoritärer Regime zur Ausnutzung wirtschaftlicher Abhängigkeiten haben deutlich gemacht, wie wichtig es für Staaten und Unternehmen ist, geopolitische...

In this EconPol Policy Report, we assess various options for EU climate policy utilizing a quantitative trade and environment model. We investigate the EU's 2030 emission reduction target, evaluate the impact of the newly introduced Carbon Border Adjustment Mechanism (CBAM), and analyze...

Addressing the intertwined challenges of economic growth and environmental sustainability is essential to mitigate the worsening impacts of climate change in sub-Saharan Africa (SSA). Promoting clean energy adoption and understanding the role of globalization have been identified as critical...

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...

This World Bank report highlights the benefits of investing in resilient urban sanitation systems for people, economic growth, and the planet. The report presents a suite of policy, institutional, regulatory, and financing (PIRF) recommendations, and outlines actions that cities and countries...

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...

There is a prevailing belief that international law can be harnessed to prevent international problems. However, international law is an intrinsic part of the current state of the capitalist world system. This issue is often overlooked in the dominant discourse. Yet, the international law,...