The paper examines the evolvements in the global value chain positions of the Central and Eastern European (CEE) countries. This approach enables us to reveal both economic and sector-level structural changes in the economic catching-up process. To study the structural patterns, we developed a...

In recent years economic complexity has grown into an active field of fundamental and applied research. Yet, despite important advances, the policy implications of economic complexity can remain unclear or misunderstood. Here I organize the policy implications of economic complexity in a...

The pandemic caused by the SARS-CoV-2 virus fundamentally shook the global and EU economy, which had very serious socio-economic consequences. The coronavirus pandemic affects everyone all over the world. After the first European diseases caused by COVID-19, the KoronaHR research group was...

In 2020, the G20 proposed a solution for the debt-related issues affecting the world's poorest countries due to the COVID-19 pandemic. However, their initiatives have failed to meet their objectives. The author argues that the reason for this failure is the inability to bring sovereign countries...

The maritime industry is significant to the growth and development of nations. The relationship between shipping trade and economic growth in Nigeria is acknowledged in the literature. Still, the need to emphasise the role of shipping import and export volume and exchange rate volatility in...

This paper examines the interacting effect of global shipping and trade on climate change in Africa using data on 31 countries for the period 2006-2016. We employ the system generalized method of moments estimation technique for our analysis. The results reveal that, in both the short run and...

The goal of the present paper is to analyze changes in the compositional structures of Georgia's economy, explore the related qualitative transformations and explain implications for trade and development. By comparing the evidence of several European countries, we put Georgia's structural...