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COVID-19 has brought to light a reality that had been mostly forgotten in an era of ample dollar liquidity: the excessive dependence of emerging economies on external financing. The sudden increase in global risk aversion arising from COVID-19 has caused investors to rush to safe assets and to...
Persistent link: https://www.econbiz.de/10012605205
-After decades of increasing globalisation on every front, from trade - pushed further by the growing role of value chains - to technology, movement of people and investment, there now seems to be a turn towards slower globalisation if not deglobalisation, at least in some areas....
Persistent link: https://www.econbiz.de/10012605215
As China's economic weight continues to grow, so does the global impact of its companies. Chinese state-owned enterprises (SOEs) produce a large share of Chinese goods and services. Given their importance both in China and increasingly globally, it should be measured whether SOEs introduce...
Persistent link: https://www.econbiz.de/10012605220
Semiconductors are a critical input to production of information and communication technology and many other goods. The major economies want to be able to produce chips at home to avoid excessive dependence on supply chains in an increasingly unpredictable world, where trade is being compromised...
Persistent link: https://www.econbiz.de/10014329381
Promoting high-quality fixed and mobile broadband for all, at an affordable price, is an important enabler of the digital transformation of society and will help close the digital divide. This became clearer than ever during the pandemic, when broadband access was a crucial enabler of remote...
Persistent link: https://www.econbiz.de/10014329383