In this paper, we investigate the scale of the drop in American imports after it imposed punitive tariffs on Chinese goods. Our analysis spans the whole period of Donald Trump's presidency (January 2017 - January 2021). In contrast to existing studies, which are mainly devoted to the impact of...

Research background: The core of coordinating a monetary and fiscal policy (policy mix) is based on combining both policies to achieve goals related to price stability, as well as economic growth and employment. In turn, the decisions of economic authorities in the monetary-fiscal game have a...

Global flows of foreign direct investment (FDI) have slowed down in recent years, which particularly affected developed countries, including those in the European Un- ion (EU). A general decrease in capital circulation in the form of FDI between the EU and the rest of the world has been...

The article focuses on identifying priority areas for greening and sustainable devel-opment for OECD countries and Ukraine. They aim to achieve overall progress inthe interaction between the economy and the environment. Additionally, the aim isto create prerequisites for encouraging innovation...

This paper examines the predictive ability of the expectations hypothesis of the term structure of interest rates in the BRICS and G7 countries by relating each country’s monthly 3‑month Treasury bill rate to 10‑year government bond rates, from May 2003 to May 2018. The panel ARDL model,...

To meet the requirements of global competition, the European Union (EU) places particular emphasis on the development of knowledge‑intensive, innovative industries. The pharmaceutical industry, as a high‑tech manufacturing subsection, has a long tradition in Europe. However, the distribution...

The world economy is evolving towards multipolar globalization, and China has become a new pole of economic development. Ukraine, like other countries, is looking for ways to cooperate with China in the field of trade and investment. China, for its part, offers a model of cooperation within the...

The paper aims to present digital transformation as a process that has been taking place in the digital economy and the European Union’s economy in recent years and its impact on changes in the economic and social sphere. As a starting point, this paper considers the importance of advanced...

This study empirically explores the dynamic interactions between the European and Indonesian cocoa markets during the 2008 global financial crisis (GFC) and the 2011 European debt crisis (EDC) using a battery of time series approaches of cointegration and multivariate Granger causality. The...