Against the background of the continuously weaker economic growth in China in the past few years, the Chinese government is convinced that the Chinese economy needs to adapt itself to getting used to "the New Normal". Under "the New Normal" the Chinese economy will grow at lower rates of about...

In this paper, we analyse effects of EU integration on Asian countries. Since the early 1990s, it is especially the trade creation effect of monetary integration (so-called Rose effect) which is heavily debated in the literature. Recent papers seem to indicate that the Rose effect seems to be...

Diese Studie befasst sich mit der Quantifizierung der ökonomischen Auswirkungen des Austritts des Vereinigten Königreichs (VK) aus der Europäischen Union (EU) ("Brexit") auf die deutsche und europäische Wirtschaft. Seit dem Brexit-Referendum vom 23. Juni 2016 herrscht über die Zukunft der...