This paper departs from the hypothesis that in the era of agriculture 4.0, start-ups specialised in digital agricultural technology (AT) […]
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Category: Economy & Trade
“Strategic drivers behind the digital transformation of subsidiaries: a longitudinal approach”, Andrea Szalavetz et al. (IWE CERS, Hungary)
This study explores the strategic drivers of digital transformation (DT) at subsidiaries. Our research framework derives strategic drivers from a […]
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“Industrial Production in Support of European and Transatlantic Defence”, Michelangelo Freyre (IAI, Italy)
The Russian invasion of Ukraine has challenged most of the premises underpinning the European security order. Among these is the […]
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“The financialization of corporate venture capital investment? The corporation as a venture capitalist”, Andrea Szalavetz and Nicolas Sauvage (IWE CERS, Hungary)
Recent trends in corporate venture capital (CVC) activities have added to the size and complexity of the financial system. Intuition […]
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“Enhancing supply chains agility – The development of logistics capabilities by automotive producers in Central and Eastern Europe following Russia’s invasion of Ukraine”. Gábor Túry et al. (IWE CERS, Hungary)
This research investigates the proactive and reactive measures applied by Czech and Hungarian automotive companies following Russia’s invasion of Ukraine. […]
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“Strategic Security and Critical Raw Materials: The Role of the European Investment Bank”, Max Münchmeyer (IAI, Italy)
A secure supply of critical raw materials (CRMs) is crucial for the realisation of the European Union’s energy transition. To […]
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“The relevance of business-tailored government support for foreign affiliates during crises: The case of the COVID-19 pandemic”, Andreja Jaklič and Iris Koleša (CIR, Slovenia)
To mitigate the immediate and long-term effects of the Covid-19 pandemic on businesses and the economy, and to accelerate recovery, […]
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“Building and enacting organisational resilience: Firms’ responses to the COVID-19 crisis”, Anže Burger, Iris Koleša, and Andreja Jaklič (CIR, Slovenia)
The Covid-19 pandemic has reiterated the importance of flexibility, adaptability, reactiveness, and proactiveness in business for successful (immediate as well […]
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“The EU Chips Act: A “Game Changer” For Europe May Be Game Over for Brexit”, Bob Savic (Federal Trust, United Kingdom)
The European Union’s (EU) Chips Act was agreed in principle at the end of April 2023 by the EU’s main […]
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“A new NBU strategy: another inflation targeting?”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
The National Bank of Ukraine presented a new Strategy of implementing the post-war monetary policy and its own development. Of […]
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“About (economic) solidarity of “fraternal nations”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
Imposition of sanctions on Russia (to reduce its ability to continue and expand aggression) was an important component of the […]
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“On the results of expert and public opinion polls regarding overcoming economic problems”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
This policy paper examines the results of three surveys: an expert poll and two public opinion polls, which were held […]
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“Extremism in Digital Spheres: Can European Union Directives Curb it?”, Katharina Sigwald (CIFE)
Violent extremist attacks have risen over the last decade, while algorithms on Internet platforms have played a vital role in […]
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“‘Depoliticised’ regulators as a source of politicisation: rationing drugs in England and France”, Takuya Onoda (Sciences Po CEE, France)
Both proponents and critics of the regulatory state thesis view the creation of non-majoritarian institutions, such as independent regulatory agencies, […]
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“Political, economic, and structural consequences of Russian aggression for Ukraine and the international community” (Razumkov Centre, Ukraine)
This publication was produced by the Razumkov Centre with the support of the Friedrich Naumann Foundation for Freedom (FNF), Project […]
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“The Multiannual Financial Framework”, Adriaan Schout and Saskia Hollander (Clingendael Institute, The Netherlands)
The European Union (EU) is currently confronted with developments that could have deep impacts on our societies and policies. Yet […]
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“Foreign economic stabilization?”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
In its quarterly Inflation Report for April 2023, the National Bank of Ukraine presented mid-term forecasts that testify to the […]
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“On overcoming economic problems and difficulties in Ukraine”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
The results of two polls are compared – an expert poll and a public opinion poll, held by the Razumkov […]
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“Asserting Economic Freedom in Ukraine”, Yuriy Yakymenko and Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
In February 2022, Ukraine turned another page in the history of mankind, quickly emerging as one of the leading actors […]
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“Investing in Ukraine: Challenges and Prospects for European Union and Czech Investors”, Federica Cristani (IIR, Czech Republic)
In her contribution to the “Analysis IIR – A changing world 2022”, Federica Cristani focused on the future of EU […]
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“The CRM Act in a global perspective”, Victor De Decker (Egmont, Belgium)
Minerals are essential building blocks for clean energy technologies. As the renewable energy industry will grow, demand for minerals will […]
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” ‘Depoliticised’ regulators as a source of politicisation: rationing drugs in England and France”, Takuya Onoda (Sciences Po CEE, France)
oth proponents and critics of the regulatory state thesis view the creation of non-majoritarian institutions, such as independent regulatory agencies, […]
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“The EU’s Foreign Subsidies Regulation: A new risk for British business?”, Bob Savic (Federal Trust, United Kingdom)
Bob Savic argues that the new EU extra-territorial level playing field rules may create new difficulties for UK businesses. Read […]
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“Disentangling the semi-periphery: evolutionary trajectories and perspectives of the Austrian and Hungarian automotive industries”, Magdolna Sass and Andrea Szalavetz (IWE CERS, Hungary)
This article explores the transition of integrated periphery countries to a semi-periphery status. It sets out to refine the broad […]
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“The Egyptian political economy under al-Sisi”, Matteo Colombo (Clingendael, The Netherlands)
Egypt’s political economy has been operating on the basis of three core principles over the last few decades. First, the country’s […]
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“How the world enters 2023: Economic prospects for Ukraine’s recovery”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
2022 in Ukraine will go down in history as a year of major trials and losses. 2023 is associated with […]
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“The Food-Energy Nexus and Italy–Morocco Cooperation”, Michaël Tanchum (IAI, Italy)
The unwinding of global food production chains due to the combined shocks of Covid-19 and the war on Ukraine, made […]
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Transversal Politics of Big Tech”, Linda Monsees (IIR, Czech Republic)
Our everyday life is entangled with products and services of so-called Big Tech companies, such as Amazon, Google, and Facebook. […]
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“Transversal Politics of Big Tech”, Linda Monsees (IIR, Czech Republic)
Our everyday life is entangled with products and services of so-called Big Tech companies, such as Amazon, Google, and Facebook. […]
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“Present and Future of Italy’s Development Cooperation”, Irene Paviotti, Daniele Fattibene (IAI, Italy)
The Covid-19 pandemic and the war against Ukraine, with their significant socio-economic costs, have put stronger pressure on development assistance […]
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“Different futures for a digitalised global financial system.’’, Maaike Okano-Heijmans, Brigitte Dekker (Clingendael, Netherlands)
Report: Digitalisation and Geopolitics – Catalytic Forces in the (Future) International Monetary System The recent “weaponisation” of finance against Russia […]
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“The International Spectator, Vol. 58: Special core: The EU towards 2030: International and Domestic Challenges”, Leo Goretti and Daniela Huber (IAI, Italy)
Find the latest issue of IAI’s journal The International Spectator covering the EU towards 2030. Fifty-seven years on, the journal’s […]
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“On priorities in industry”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
At the beginning of February, the State Statistics Service released another batch of information, the publication of which was postponed […]
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“The European Investment Bank and its role in financing public water”, Judith Clifton, Daniel Díaz-Fuentes and Helen Kavvadia (IPS, Luxembourg)
The European Investment Bank (EIB) emerged as the world’s largest multilateral public development bank from the 1990s. We explore the […]
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“State strategies in promoting automotive manufacturing investments – the case of Hungary and Türkiye”, Tamás Szigetvári and Gábor Túry (IWE CERS, Hungary)
The automotive industry is a key driver of the economic and technological catch-up process. Its development is therefore a priority […]
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“Cities in the EU recovery process: Localizing the Next Generation EU”, Agustí Fernández de Losada and Ricardo Martinez (CIDOB, Spain)
The unprecedented €672.5 billion funding of the Recovery and Resilience Facility (RRF), the main instrument of Next Generation EU, constitutes […]
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“The Paradox of a Stronger Global Role for the Euro”, Adriaan Schout (Clingendael Institute, The Netherlands)
A stronger global role for the euro has been on the agenda since the first concepts of EMU. This contribution […]
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“Shocks and Time: The Development of the European Financial Assistance Regime”, Moritz Rehm (IPS, Luxembourg)
This paper analyses the impact of economic crises on the development of European financial assistance. It demonstrates that crisis episodes […]
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“Deciphering the European Investment Bank: History, Politics, and Economics”, Lucia Coppolaro and Helen Kavvadia (IPS, Luxembourg)
Deciphering the European Investment Bank: History, Politics and Economics examines the European Investment Bank (EIB), the European Union’s financial institution and […]
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“The impact of sanctions on Russian business abroad and Hungarian business in Russia: parallel stories of adjustment”, Kálmán Kalotay and Csaba Weiner (IWE CERS, Hungary)
The global economy has gone from one crisis to another over the past few years. The COVID pandemic was not […]
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“Maritime Trade in the Black Sea in the Context of the Russo-Ukrainian War”, Anastasia Chkhenkeli et al. (PMC, Georgia)
The Black Sea region is often referred to as a gateway between Europe and Asia, though its potential benefits are […]
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“The European Semester: An Ordoliberal Construct?”, Dimitrios Argyroulis (IPS, Luxembourg)
The outbreak of the COVID-19 pandemic appears to have inflicted a decisive blow to ordoliberalism’s influence on the economic governance […]
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“Using business models in hindsight”, Helen Kavvadia (IPS, Luxembourg)
Purpose: Develop a method for an extended “fore-and-aft” use of business models. The method will turn them also into potent business […]
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“The increasingly differentiated European Single Market?”, David Howarth (IPS, Luxembourg)
Prof. David Howarth published “The increasingly differentiated Single Market?”, in Leruth, B. et al., eds. The Routledge Handbook of Differentiation […]
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“The looming deep crisis in Europe – and what to do about it”, Ewald Nowotny (OEGFE, Austria)
In order to avoid a looming deep crisis in Europe, the European Union has to counter several challenges at the […]
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“Transformations in the balance of current operations”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
According to the NBU, in 2022 Ukraine had a positive balance of current operations in the balance of payments with […]
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“Global livestock trade and infectious diseases”, Rohit Ticku and Cosimo Beverelli (RSCAS-EUI, Italy)
This working paper presents evidence that importing more livestock increases animal infections at the destination, some of which can cross-over […]
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“Ukraine’s Recovery: Starting Point and Directions of Government Action”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
In its reconstruction and recovery, Ukraine cannot wait until the end of the war, which, according to many experts, may […]
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“Echo of a crisis”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
Over the past three years, Ukraine has faced two deep socio-economic crises. The “sources” of these crises are different: the […]
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“Is de-dollarization a good thing?”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
Globalization, which has accelerated since the beginning of 1990 (due to the collapse of the world socialist system, among other […]
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“On comparison of company performances”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
With the beginning of the Russian aggression, the State Statistics Service practically stopped providing official statistical reports, which was quite […]
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“Digitalisation-induced performance improvement: Don’t take it for granted!”, Andrea Szalavetz (IWE CERS, Hungary)
In a context of rapid technological change, digital manufacturing technologies bear the promise of enabling significant improvement in operational efficiency. […]
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“Central and Eastern Europe’s Automotive Sector May Be on a Path to Nowhere”, John Szabó (IWE CERS, Hungary)
The European Union (EU) likes to think of itself as a leader in global climate action. It has made substantial […]
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“China’s geoeconomic strategy and its implications for Europe. A view from Barcelona”, Patricia García-Durán and Marc Ibáñez Díaz (CIDOB, Spain)
China has become a key player on the global economic stage, including for local European economies like Barcelona’s. But its […]
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“The State of Economic Convergence in the Eurozone”, Adriaan Schout (Clingendael Institute, The Netherlands)
What is the state of economic convergence in the euro area? And will the redefinition of the Stability and Growth […]
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“Navigating geoeconomic risks: Towards an international business risk and resilience monitor”, Mikael Wigell et al. (FIIA, Finland)
Geoeconomics – the pursuit by states of power politics using economic means – is the new reality in which European […]
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“Oil for $30 per barrel: repulsion of the Russian aggression and development of the world economy”, Maksym Bielawski (Razumkov Centre, Ukraine)
Time has come to squeeze the tyrant’s throat with minimum oil prices and maximum restrictions on its sale. The President […]
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“Refining the EU’s Geoeconomic Approach to Trade Policy”, Sjorre Couvreur (Egmont, Belgium)
Boosting economic security in face of war, geopolitical upheaval, and other global crises has become a paramount priority for both […]
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“How to use exchange rate fluctuations”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
Now, as the US dollar rises against almost all currencies, the scenarios of economies of many countries falling into depression […]
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“A Holistic Vision of Remittances will help regulators and the private sector alike”, Maria Gargano (Egmont, Belgium)
The money that migrants send back home concerns everyone. Remittances have an impact on the GDP of the countries the […]
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“Tunisian economy in free fall”, Francis Ghilès (CIDOB, Spain)
Tunisia’s economy is falling off and the country has become less attractive to foreign investors. Despite the agreement reached in […]
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“On household resources II”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
Households always tend to save money, especially at a time of war and great losses. Today, it should be admitted […]
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“Europe and America don’t see eye to eye on economic security: How to avoid fragmentation”, Tobias Gehrke (Egmont, Belgium)
Boosting economic security in face of war, geopolitical upheaval, and other global crises has become a paramount priority for both […]
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“Euro–Mediterranean Economic Cooperation in the Age of Deglobalisation”, Fabrizio Botti (IAI, Italy)
The pandemic crisis and the war in Ukraine, with its far-reaching geopolitical implications, have shown substantial vulnerabilities in many global […]
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“Nuclear rhetoric escalation and risks of miscalculation in Ukraine”, Agnieszka Nimark (CIDOB, Spain)
Russia’s invasion of Ukraine has exposed how close a nuclear escalation, or a nuclear war can be. While the majority […]
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“Self-assessment of well-being: better than expected”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
It is not surprising that in wartime the welfare of households suffers a noticeable deterioration. However, due to the lack […]
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“Gains and pitfalls of coalitions: Societal resources as sources of trade union power in Croatia and Poland”, Hrvoje Butković et al. (IRMO, Croatia)
Hrvoje Butković from IRMO together with Jan Czarzasty (Warsaw School of Economics) and Adam Mrozowicki (University of Wrocław) published this […]
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“The dependent Industry 4.0 development path of the Visegrád countries”, Andrea Éltető, Magdolna Sass, Marta Götz (IWE CERS, Hungary)
The dependency of the Visegrád countries on foreign direct investment has been emphasized in the typologies of capitalist models. Today, […]
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“Gravity models with TiVA data: do they bring new results?”, Magdolna Sass, Imre Fertő, Mahammad Kheyirkhabarli (IWE CERS, Hungary)
Using Trade in Value Added (TiVA) data in gravity models may result in new insights into international trade. The aim […]
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“Economic features of autumn 2022”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
On November 24, 2022, it will be 9 months of full-scale Russian aggression. Ukraine lost thousands of lives, hundreds of […]
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“Recovery through external sector”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
Short-term changes in the accounts of foreign economic activity provide clear signals of the nearest prospects of the national economy. […]
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“Pension system: Can Ukrainian pensions be saved?”, Olga Pyshchulina (Razumkov Centre, Ukraine)
With the deterioration of the wellbeing of the majority of the Ukrainian population caused by the Russian aggression, pensions acquire […]
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“(No) country for old men? Intergenerational welfare distribution across welfare state regimes”, Ágnes Orosz, Filip Chybalski and Radosław Kurach (IWE CERS, Hungary)
Purpose: The article examines the interplay between welfare state regimes and the distribution of welfare between generations. Design/methodology/approach: Using data […]
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“The digitalisation of the European Union: repercussions and expectations”, Tanel Kerikmäe and David Ramiro Troitiño (CIDOB, Spain)
From technology platforms and artificial intelligence to Fintech, cybersecurity, the gig economy and social networks, the digital society is already […]
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“The World Politics of Social Investment Volume II. Welfare States in the Knowledge Economy”, Garritzmann Julian, Häusermann Silja and Palier Bruno (Sciences Po, France)
The World Politics of Social Investment: Political Dynamics of Reform is the second of two volumes of the World Politics […]
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“Chapter 8 Women and Financial Equality”, Mara Catherine Harvey and Federica Cristani (IIR, Czech Republic)
Federica Cristani has recently contributed to the newly published book by Elisa Fornalè on Gender Equality in the Mirror with […]
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“American versus domestic digital companies in the Chinese market”, Katalin Völgyi et al. (IWE CERS, Hungary)
The digital economy has become an increasingly important part of the world economy. It is vastly concentrated in two economies, […]
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“Getting the WTO’s dispute settlement and negotiating function back on track: Reform proposals and recent developments”, Guillaume Van der Loo (Egmont, Belgium)
The focus of this paper will be on the reform proposals and recent developments related to the dispute settlement and […]
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“Climate equivalence and international trade”, Emily Lydgate (RSCAS-EUI, Italy)
This article examines a significant question in navigating trade and climate tension: how to recognise another country as having equivalent […]
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“The intended benefits and challenges of cooperation between FinTechs and commercial banks: managing structural and contextual ambidexterity”, Ádám Kerényi, Dóra Horváth and Zsolt Roland Szabó (IWE CERS, Hungary)
The financial industry has undergone several changes in recent years. One of these changes is the emergence of financial technology […]
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“More on interest rates and inflation”, Vasyl Yurchyshyn (Rauzumkov Centre, Ukraine)
Recently, we addressed the issue of inflation at the global and national level, as well as the role of central […]
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“The European Union’s Economic Governance of the (Post-)Pandemic and the War”, Arnaud Leconte (CIFE)
This paper discusses how Europe is facing the new geopolitical landscape in terms of European economic governance at a time […]
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“On Draft Budget 2023”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
The Budget for 2023 presented by the Government has been rightfully called a wartime budget. All state resources are subordinated […]
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“On household resources”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
With the beginning of the Russian aggression, Ukraine faced a sharp decrease in employment and an increase in both official […]
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“Who Finances Whom? The Controversial Role of External Financial Resources in Africa”, Judit Kiss (IWE CERS, Hungary)
In contrast to the highly developed countries and some developing regions, Africa highly depends on external resources of financing development. […]
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“Are the risks of economic recession growing?”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
In one of our previous policy papers we pointed out the risks of a gradual but steady slide of the […]
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“The Russian Economy Is Muddling Through the Sanctions War”, Oleg Buklemishev (IAI, Italy)
The transatlantic campaign of sanctions against Russia after its aggression of Ukraine is unprecedented in scale and scope, involving not […]
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“Is expensive dollar bad for Ukraine?”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
After two decades of fluctuations, US dollar finally reached parity with euro. Of course, the situation with the dollar that […]
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“Sino-European joint ventures and the risk of technology transfers”, Rem Korteweg et al. (Clingendael Institute, The Netherlands)
High-tech joint ventures are a key element in EU-China economic relations. They can serve as a conduit for technology transfers […]
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“Will European Central Bank follow the US Federal Reserve?”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
The European Central Bank (ECB) decided to sharply raise base interest rates (from September 14, 2022, by 75 basis points […]
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“Purchasing with the Party: Chinese consumer boycotts of foreign companies, 2008–2021”, Viking Bohman and Hillevi Pårup (UI, Sweden)
As the world’s largest consumer economy, China provides one of the most attractive markets for multinational companies. However, businesses seeking […]
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“Signs of stabilisation?”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
In Ukraine, the results of surveys among company heads and top managers about the performance and expectations of their enterprises […]
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“Transformation of accents”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
As we already noted in our previous publications, the struggle of Ukraine speeded up the formation of two civilisational groups […]
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“Comments on macroeconomic forecast”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
Presenting the macroeconomic forecast of the country in the conditions of the war and lack of adequate statistical information seems […]
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“COVID-19 Mortality and Economic Losses: The Role of Policies and Structural Conditions”, Ádám Kerényi et al. (IWE CERS, Hungary)
The response of governments to the COVID-19 outbreak was foremost oriented to two objectives: saving lives and limiting economic losses. […]
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“Fighting Illegal Logging in Europe. An Overview of Trends, Players and Action”, Lorenzo Colantoni, Giulia Sofia Sarno and Margherita Bianchi (IAI, Italy)
This report analyses illegal logging in the EU, considering the Union’s double role as an importer and as a producer […]
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“A Renewed Global Bipolarity?”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)
Globalisation, accelerated since early 1990s, collapse of the world socialist system, economic growth of emerging countries seemed to have destroyed […]
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“Diasporas as an International Staffing Option: Opportunities and Threats During Business Internationalization”, Iris Koleša and Andreja Jaklič (CIR, Slovenia)
The chapter first outlines the main forms of diasporas’ contributions to the economic development and growth along with the determinants […]
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“Between technocracy and politics: How financial stability committees shape precautionary interventions in real estate markets”, Matthias Thiemann and Bart Stellinga (Sciences Po CEE, France)
Implementing precautionary measures that have obvious distributional consequences today but often only invisible future benefits is politically difficult. It requires […]
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“The role of rents in emerging market economies”, Miklós Szanyi and Somayeh Sedighi (IWE CERS, Hungary)
The rents play immanent role in the economy. Many types of rents thwart economic development, few of them deliver incentives. […]
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