Economy & Trade

“Chinese and Other East Asian Foreign Direct Investment in Central and Eastern Europe: Motives, Location Choices and Employment Approaches”, Ágnes Szunomár, Agnieszka McCaleb (IWE, Hungary)

Posted on 06/02/2019

“Since the launch of China’s ‘Go Global Policy’ in 2001 the world has observed a dynamic rise in China’s outward […]

“Strenghening European Commercial Diplomacy: Prospects and Challenges”, Andrea Maccanico (IAI, Italy)

Posted on 01/02/2019

The EU is involved in economic diplomacy since the establishment of the Single Market and the ensuing negotiations for trade […]

“Varieties of state capitalism”, Miklós Szanyi (IWE, Hungary)

Posted on 31/01/2019

The minimal state concept of the neo-liberal policy agenda was queried worldwide after the 2007/8 global financial crisis. Increased state […]

“Europe’s New Fiscal Union”, Pier Schlosser (RSCAS, EUI, Italy)

Posted on 31/01/2019

“Europe’s New Fiscal Union”, Pier Schlosser, December 2018 This book contributes to our deeper understanding of the fiscal architecture that emerged […]

“Crossing the Frontiers between Touch Points, Innovation and Experience Design in Tourism”, Metka Stare and Dejan Križaj (CIR, Slovenia)

Posted on 31/01/2019

Dr. Metka Stare (a research councillor at Centre of International Relations – CIR) and prof. dr. Dejan Križaj published a […]

“Europe and Iran: The Economic and Commercial Dimensions of a Strained Relationship”, Cornelius Adebahr (IAI, Italy)

Posted on 31/01/2019

“Europe and Iran: The Economic and Commercial Dimensions of a Strained Relationship”, Cornelius Adebahr, IAI Papers, 18:24, IAI, December 2018 […]

“Can Capitalism Be Truly Democratic?”, Annamária Artner (IWE, Hungary)

Posted on 29/01/2019

Published in: Review of Radical Political Economics. Vol. 50, Issue 4, 2018, pp. 793-809. This article re-examines the relationship between […]

TEPSA student paper: “The forgotten solidarity, Taxes – A look into the Irish case”, Rocío Fernández Suárez

Posted on 27/12/2018

TEPSA is happy to present the student paper “The forgotten solidarity, Taxes – A look into the Irish case” written […]

“Is Sri Lanka caught in China’s ‘debt trap’? A view from the ground”, Miguel Otero-Iglesias (Elcano, Spain)

Posted on 17/12/2018

Miguel Otero-Iglesias, “Is Sri Lanka caught in China’s ‘debt trap’? A view from the ground”. 21 November 2018. The feeling is […]

“Transatlantic Tensions, Oil Imports and Euro’s Ambitions in International Trade, IAI Commentaries”, Jesse Colzani (IAI, Italy)

Posted on 17/12/2018

Jesse Colzani, Transatlantic Tensions, Oil Imports and Euro’s Ambitions in International Trade, IAI Commentaries, 18:65, IAI, November 2018. Europe is […]

“How Vulnerable?”, András Inotai (IWE, Hungary)

Posted on 17/12/2018

András Inotai: How Vulnerable? In: Aspen Review, Issue 04/2018 Export-oriented new member countries of the European Union and the spread of trade […]

“Indian companies’ technological investments in the EU with a special focus on Central and Eastern Europe”, Tamás Gerőcs (IWE, Hungary)

Posted on 17/12/2018

Tamás Gerőcs: Indian companies’ technological investments in the EU with a special focus on Central and Eastern Europe India is […]

“The Competitive Edge in China’s Overseas Investments: The Golden Hand of the State”, Lourdes Casanova (CIDOB, Spain)

Posted on 13/12/2018

Lourdes Casanova, The Competitive Edge in China’s Overseas Investments: The Golden Hand of the State, November 2018 In the last […]

TEPSA brief “Multistakeholderism in the EU’s Trade Governance”, Diana Potjomkina

Posted on 27/11/2018

TEPSA is happy to present its new policy brief “Multistakeholderism in the EU’s Trade Governance”, written by Diana Potjomkina (PhD […]

TEPSA Brief “Euro or no Euro, that is the question”, Petr Kratochvíl & Zdeněk Sychra

Posted on 26/11/2018

TEPSA is happy to present its new policy brief “Euro or no Euro, that is the question”, written by Petr Kratochvíl (Senior […]

“The performance of the automotive industry after the crisis in two semi-peripheral EU regions”, Gábor Túry (IWE, Hungary)

Posted on 15/11/2018

Materials prepared in the framework of the 15th European Association for Comparative Economic Studies. Find them here.

“Africa’s Dependency Curse: – the Case of Botswana”, Zsuzsánna Biedermann (IWE, Hungary)

Posted on 26/10/2018

Zsuzsánna Biedermann analyses the complex reasons behind the largely fruitless diversification efforts in Botswana. Many African countries abundant in non-renewable […]

“Export influencing factors in the Iberian, Baltic and Visegrád regions”, Andrea Éltető, Norbert Szijártó (IWE, Hungary)

Posted on 26/10/2018

The global financial crisis and the euro crisis had severe negative impacts on the European economy and highlighted the problems […]

“Is Catching Up Possible?: The example of Central and Eastern Europe”, Annamária Artner (IWE, Hungary)

Posted on 25/10/2018

In the age of “transnational monopoly capitalism,” the hierarchy of nations along the axial division of labor has become more […]

“Le revenu universel: un projet réaliste?”, Jean-Claude Vérez (CIFE, France)

Posted on 25/10/2018

Sur un plan sémantique, il y a une prolifération de dénominations, de concepts et de définitions : revenu universel, revenu […]

“L’économie est avant tout un acte politique”, Andy Smith and Colin Hay (SPCEE, France)

Posted on 25/10/2018

À rebours de l’adage que l’été fournit à tous un temps de réflexion, le fatalisme ambiant qui marque cette rentrée […]

“The Growth of Shadow Banking: A Comparative Institutional Analysis”, Thiemann, Matthias (SPCEE, France)

Posted on 25/10/2018

The ‘shadow banking system’ refers to a system of credit-provision occurring outside of the official regulatory perimeter of commercial banks. […]

“The EU’s Multiannual Financial Framework: Where Should Italy Stand?”, Simone Romano (IAI, Italy)

Posted on 23/10/2018

IAI Commentaires Negotiations over the EU’s new Multiannual Financial Framework (MFF) officially began last May, when the European Commission tabled […]

“Multinational enterprises: theories, practices, effects and policies”, Filip de Beule & Andreja Jaklič (CIR, Slovenia)

Posted on 23/10/2018

Edward Elgar published the Handbook of the International Political Economy of the Corporation. The publication, to which Andreja Jaklič from […]

“An outbreak of ethics in Silicon Valley”, Andrés Ortega (Elcano, Spain)

Posted on 16/10/2018

Elcano Blog To what can we ascribe this outbreak of ethics in Silicon Valley and elsewhere? The political awakening spread […]

“The Paradox of Weakness in European Trade Policy: Contestation and Resilience in CETA and TTIP Negotiations”, Dirk De Bièvre (IAI, Italy)

Posted on 10/10/2018

The International Spectator, 53:3 Over the last decade, trade negotiations with Canada and the United States met with considerable resistance […]

“Dictionnaire d’économie politique : Capitalisme, institutions, pouvoir”, Colin Hay, Andy Smith (SCPEE, France)

Posted on 01/10/2018

L’économie est fondamentalement politique, la politique ne peut se comprendre sans l’analyse économique. Le postulat de l’interdépendance entre ces deux […]

“How to boost productivity in the EU”, Klaus Weyerstrass (IHS, Austria)

Posted on 01/10/2018

Advances in total factor productivity (TFP) are important for sustaining economic growth in modern economies, in particular in the face […]

“Portugal versus Spain: an Iberian economic saga”, Sebastián Puig, Ángel Sánchez (Elcano, Spain)

Posted on 01/10/2018

Spain and Portugal have been the focus of international attention due to their respective economic recoveries in recent years, coming from […]

“Emigrants from the Western Balkans: the region’ s money sacks?”, Iris Koleša (CIR, Slovenia)

Posted on 01/10/2018

A new book titled ‘Diaspora Networks in International Business: Perspectives for Understanding and Managing Diaspora Business and Resources’ has been […]

“Positioning Central and Eastern Europe for Chinese investors? Qualitative characteristics of Chinese investments in CEE”, Ágnes Szunomár (IWE, Hungary)

Posted on 25/09/2018

The change of Central and Eastern Europe (CEE) countries from centrally planned to market economy resulted in increasing flows of […]

TEPSA Brief “Tackling Roma youth unemployment in Romania: the role of Youth Guarantee Programme”, Catalina Meirosu

Posted on 01/08/2018

TEPSA is happy to present its TEPSA Brief on “Tackling Roma youth unemployment in Romania: the role of Youth Guarantee Programme“, written […]

“Industry 4.0 and capability development in manufacturing subsidiaries”, Andrea Szalavetz (IWE, Hungary)

Posted on 25/07/2018

This paper investigates whether advanced manufacturing technologies (AMT) can modify the patterns of upgrading in manufacturing subsidiaries operating in FDI […]

“A Soviet project tempts Europe…again”, John Szabó (IWE, Hungary)

Posted on 24/07/2018

All eyes were on the 2018 NATO summit, as President Trump was poised to wreak havoc during his time in […]

“Revision of EU-Turkey customs union in the light of trade relations throughout history”, Ceran Arslan Olcay (IWE, Hungary)

Posted on 24/07/2018

The acceleration of Globalization, with the decrease in the costs of information, communication and transportation, changed the nature of the […]

“Wise Cities in the Mediterranean? Challenges of Urban Sustainability”, Eckart Woertz (ed.) (CIDOB, Spain)

Posted on 24/07/2018

Cities are home to over half the world’s population, consume a majority of its resources and cause a large share […]

“Target 2030: illicit financial flows”, Alex Cobham (Elcano, Spain)

Posted on 24/07/2018

Target 16.4 in the UN Sustainable Development Goals (Agenda 2030) is a global commitment to reduce the level of illicit […]

“Trade wars and conflict of perceptions”, Andrés Ortega (Elcano, Spain)

Posted on 22/06/2018

Spain was ranked 11th out of 110 countries in the 2017 Elcano Global Presence Index, which measures the results of […]

“Quit kicking the can down the road: a Spanish view of EMU reforms” (Elcano, Spain)

Posted on 22/06/2018

This document written by Spanish economists offers some recommendations towards a stronger architecture for the euro through deeper fiscal, financial […]

“Outward foreign direct investment by Russian MNEs: focus on home-country push factors, Europe and five CEE countries”, Csaba Weiner (IWE, Hungary)

Posted on 20/06/2018

In: Baltic Rim Economies 15:(2) pp. 42-43.(2018) Read it here

“Independence of central banks after the crisis – focus on Hungary”, Lisa Coiffard (IWE, Hungary)

Posted on 20/06/2018

Read it here

“Energy Union: Europe’s New Liberal Mercantilism?”, Csaba Weiner: Svein S. Andersen, Andreas Goldthau and Nick Sitter (eds.) (IWE, Hungary)

Posted on 20/06/2018

(International Political Economy Series) Palgrave Macmillan UK, 2017, 253 p. ISBN 978-1-137-59105-0 In: SOCIETY AND ECONOMY40:(2) pp. 315-327. (2018) Read […]

TEPSA Brief “State aid regulation post-Brexit: Why a state aid control mechanism is likely to be included in a future EU-UK trade agreement”, Laurence Bielen

Posted on 31/05/2018

TEPSA is happy to present its first TEPSA Brief on “State aid regulation post-Brexit: Why a state aid control mechanism is […]

“The changing Chinese economic model: an opportunity for Spanish companies”, Adrián Blanco Estévez (Elcano, Spain)

Posted on 25/05/2018

This analysis focuses on China’s changing economic growth model and the important new business opportunities this change is generating for […]

“Bank and Fintechs – Healthy Cooperation or Dangerous Liaisons?”, Ádám Kerény, Júlia Molnár, János Müller (IWE, Hungary)

Posted on 21/05/2018

in: Economy&Finance, Issue 1, March 2018, pp. 86-97 Read it here

“In the antechamber of a multi-front trade war”, Federico Steinberg (Elcano, Spain)

Posted on 21/05/2018

The US president, Donald J. Trump, has extended the deadline given to the European Union (EU) by one month, until […]

“Should Europe limit Chinese investment?”, Mario Esteban (Elcano, Spain)

Posted on 21/05/2018

Why would such a European mechanism to supervise investment be necessary at this time? The main reason is the extraordinary […]

“The Economic Agenda between Brazil and the EU: Prospects for a Bilateral and Global Up-grading”, Anna Ayuso, Susanne Gratius (IAI, Italy)

Posted on 21/05/2018

IAI Papers, 18:08, April 2018. Brazil is still the European Union’s largest economic partner in Latin America, despite Europe’s trade […]

“Trade without Trump: The Way Forward, a European Perspective”, Ferdinando Nelli Feroci (IAI, Italy)

Posted on 21/05/2018

IAI Commentaries, 18:29, May 2018. President Donald J. Trump’s protectionist measures are not new to US politics. Previous presidents have […]

“Reforming the European Monetary Union: The Challenge of Reconciling Risk Sharing with Market Discipline”, Nicola Bilotta (IAI, Italy)

Posted on 30/04/2018

IAI Commentaries, 18:25, April 2018 The economic crisis has underscored the need to reform institutions charged with regulating the financial […]

TEPSA Brief: “Fighting land grabbing and promoting local development through trade policies”, Alessandra Moroni

Posted on 30/04/2018

TEPSA is happy two present a new policy brief on “Fighting land grabbing and promoting local development through trade policies“ written […]

“Eurozone Stabilisation Fund Revisited”, Mark Nevin (Federal Trust, UK)

Posted on 30/04/2018

Unprecedented financial and political upheaval have reshaped the institutional and geo-political landscape of both the Eurozone and the EU over […]

“The post-neoliberal US economy: the new active role of the state is necessary”, Miron Wolnicki, Ryszard Piasecki (CIFE)

Posted on 24/04/2018

In the past 75 years the world was either influenced by, competing with or learning from U.S. corporations. This is […]

“Challenges in CEE and Baltic post-socialist EU member states”, Ádám Kerényi (IWE, Hungary)

Posted on 23/04/2018

Presentation for “Challenges in national and international economic policies” 3rd Central European PhD Workshop on Economic Policy and Crisis Management Doctoral School […]

“Fintech is the new normal? Challenges in national and international economic policies”, Ádám Kerényi (IWE, Hungary)

Posted on 23/04/2018

Presentation for the 3rdCentralEuropean PhD Workshop on Economic Policy and Crisis Management at Doctoral School in Economics, University of Szeged, Hungary Download […]

“Elites, Economy and Society”, COUSIN, Bruno, KHAN, Shamus, MEARS, Ashley (eds.) (SciencesPo-CNRS, France)

Posted on 22/04/2018

in: Socio-Economic Review.19 avril 2018, vol 16, n° 2. 233 p. In this introductory essay to our special issue on elites, […]

“Debt mutualisation, inflation and populism in the Eurozone”, Alfredo Arahuetes García, Gonzalo Gómez Bengoechea (Elcano, Spain)

Posted on 20/04/2018

Analyses of the Elcano Royal Institute (ARI) This paper looks at the various scenarios for debt mutualisation in the Eurozone […]

“Spain’s main listed companies notch up record revenues abroad”, William Chislett (Elcano, Spain)

Posted on 20/04/2018

Analyses of the Elcano Royal Institute (ARI) The companies that comprise the Ibex 35, the benchmark index of the Madrid […]

“From policy to populism: Donald Trump’s trade policy in global context”, Richard Higgott (Elcano, Spain)

Posted on 20/04/2018

Analyses of the Elcano Royal Institute (ARI) An open multilateral trade system is under direct challenge from the policies of […]

“Portugal’s economic prospects: was the political miracle responsible for the economic miracle?”, Luís Teles Morais (Elcano, Spain)

Posted on 20/04/2018

Analyses of the Elcano Royal Institute (ARI) This paper looks at recent developments in the Portuguese economy from the troika […]

TEPSA Brief: “Conditionality 2.0: an improved legal framework to protect sustainable development through EU Free Trade Agreements”, Romain Laugier

Posted on 31/03/2018

TEPSA is happy two present a new policy brief on “Conditionality 2.0: An improved legal framework to protect sustainable development […]

“Revisiting NIEO, and the related problems in the North-East-South policies of the 1970s”, Mihály Simai (IWE, Hungary)

Posted on 28/03/2018

(Within the IWE CERS HAS series ‘Challenges’) Read more here

“A Semi-automatic Method to Retrieve Twitter Accounts. Statistics, Politics and Policy”, Florence Nocca, février 2018 (SciencePo, France)

Posted on 28/03/2018

Although Twitter has become a major source of data, research still relies on heavy manual searches to find the accounts […]

“Market-based but state-led: The role of public development banks in shaping market-based finance in the European Union. Competition and Change”, Daniel MERTENS et Matthias THIEMANN, février 2018, (SciencePo, France)

Posted on 28/03/2018

This paper examines the European Union’s strategy of governing the economy through financial markets by focusing on the largely unacknowledged […]

“Brexit means Br(EEA)xit – The UK withdrawal from the EU and its implications for the EEA”, Christophe Hillion (NUPI, Norway)

Posted on 23/03/2018

Because it extends the Single Market to the three EFTA States Iceland, Liechtenstein and Norway, the Agreement on the European […]

“Tariffs: Trump´s three ploys”, Andrés Ortega (Elcano, Spain)

Posted on 23/03/2018

Elcano Blog The Trump Administration´s announcement of import duties on steel and aluminium may trigger a spiral that leads to a trade […]

“What you need to know about Trump´s trade war”, Federico Steinberg (Elcano, Spain)

Posted on 23/03/2018

Elcano Expert Comments If with more delay than expected, the aggressive and protectionist Trump has finally moved into action. The US is unilaterally […]

“The world economy in 2018”, Federico Steinberg, José Pablo Martínez (Elcano, Spain)

Posted on 23/03/2018

The world economy seems to be rebounding definitively from the Great Recession, but many and varied risks still threaten consolidation […]

IWE Working Papers: “Managing energy supply security and gas diversification in Hungary – Putting theory into practice”, Csaba Weiner (IWE, Hungary)

Posted on 26/02/2018

For a long time, gas has been the fuel that Hungary is particularly sensitive to in terms of security of […]

“EU trade policy towards neighbours: experiences and perspectives” Sakariya Yayincili (IWE, Hungary)

Posted on 26/02/2018

(eds.): The EU effect. Perspectives on the EU from Central and Eastern Europe. Sakariya Yayincilik. Sakarya (Turkey) 2017. (ISBN: 978-605-4229-80-2), pp. […]

“Trade and investment in Central Europe: the lessons of transition for post-socialist Southeast Asia” Ágnes Orosz- Ágnes Szunomár (IWE, Hungary)

Posted on 26/02/2018

In: Bolesta, Andrzej (ed.): Post-Communist Development: Europe’s Experiences, Asia’s Challenges. Warsaw: Collegium Civitas Press, 2017. pp. 101-132. Read it here

TEPSA Brief: “How to make TSD chapters more effective?”, Verena Füller

Posted on 26/02/2018

TEPSA is happy two present a new policy brief on “How to make TSD chapters more effective?“ written by Verena Füller […]

Big states, big business, troubled societies, Andrés Ortega (Elcano Spain)

Posted on 22/02/2018

in Elcano Blog, 30 January 2018 Shop window, megaphone and venue for discreet meetings: Davos is all these things. The main […]

A year of Trump and trade policy, Federico Steinberg (Elcano, Spain)

Posted on 22/02/2018

in Experts Comments, 1 February 2018 Trump protectionist’s measures in the arena of trade have been taken as a vital challenge […]

Spain’s continuing export boom, William Chislett (Elcano, Spain)

Posted on 22/02/2018

in Experts Comments, 21 February 2018 Spain’s exporting prowess continued in 2017 when sales of goods abroad increased for the eighth […]

Chinese investment in Spain: open for business, but not at any price, Mario Esteban, Miguel Otero-Iglesias (Elcano, Spain)

Posted on 22/02/2018

in Analyses of the Elcano Royal Institute (ARI), 6 February 2018 Reluctance to Chinese investments in Spain may grow if its […]

International expansion of Russian multinationals – A focus on home-country push factors, Europe and five CEE countries, Csaba Weiner (IWE, Hungary)

Posted on 25/01/2018

in: IWE Working Papers, December 2017 Read it here

Driving forces behind the international expansion strategies of Chinese MNEs, Ágnes Szunomár (IWE, Hungary)

Posted on 25/01/2018

in: IWE Working Papers, December 2017 Read it here

South Africa – A re-emerging player in outward FDI, Judit Kiss (IWE, Hungary)

Posted on 25/01/2018

in: IWE Working Papers, November 2017 Read it here

Understanding and Correctly Addressing Globalization, András Inotai (IWE, Hungary)

Posted on 25/01/2018

In: Case News online Read it here

“Foreign investors on Slovenian business environment: Research results of the 2017 survey among companies with foreign equity”, Andreja Jaklič, Iris Koleša and Matija Rojec, December 2017 (CIR, Slovenia)

Posted on 23/01/2018

For the past 10 years Centre of International Relations (CIR) has been conducting an annual survey among firms with foreign […]

“Global presence is neither good, nor bad”, Iliana Olivé, December 2017(Elcano, Spain)

Posted on 23/01/2018

It is assumed that is a good thing for countries to be ranked in the top positions of “Elcano Global […]

“Spain in the world: an analysis of the Elcano Global Presence Index 2016”, Iliana Olivé, Manuel García and María Dolores Gomariz, December 2017(Elcano, Spain)

Posted on 23/01/2018

Incorporating the latest data from 2016, Spain received a total global presence index value of 204.1. As a result, Spain […]

The Joint Africa-EU strategy, Nicoletta Pirozzi, Nicoló Sartori and Bernardo Venturi (European Parliament)

Posted on 13/12/2017

TEPSA has recently coordinated a publication for the European Parliament’s Subcommittee the European Parliament’s Committee on Development (DEVE) on The […]

“Economic Relations between China and Central and Eastern Europe: Trade and Investment Issues”, Ágnes Szunomár, Agnieszka Mccaleb, Xin Chen (IWE, Hungary)

Posted on 07/12/2017

In Weiqing Song (ed), China’s Relations with Central and Eastern Europe – From “Old Comrades” to New Partners, Oxford, United Kingdom: Routledge, pp. […]

“Harsh expectations versus a modest reality – Economic relations between the Visegrad countries and Russia surrounding the Ukrainian crisis.”, András Deák, Csaba Weiner, Simona Blašková, Barbora Chrzová, Dušan Fischer, Jonáš Syrovátka, Jakub Tomášek, Ernest Wyciszkiewicz (IWE, Hungary)

Posted on 07/12/2017

Prague Security Studies Institute, Prague. (2017) With the beginning of the millennium, the Visegrad countries – the Czech Republic, Poland, Hungary […]