Understanding the relationship between international trade and CO2 emissions is crucial for designing appropriate measures to address climate change. This article focuses on CO2 emissions as one of the trade flow determinants of the EU countries, along with other factors including remoteness,...

Supply security is threatened by technical, business, natural and policy shocks, as well as geopolitical tensions. Is there a rationale for policy intervention? If yes, what are efficient and effective measures that achieve de-risking? This article first explains why private incentives do not...

However sharp the clash between the industrial countries' notions of a world economic order and those of the developing countries, one point is gaining increasing importance for both camps: the fight against spreading protectionism. Rising import barriers in the North restrict the developing...

The goal of phasing out, and ultimately eliminating, the differential treatment in trade presently accorded to developing countries was incorporated into the GATT during the Tokyo Round. What are the arguments in favour of this process of “graduation” and what would be its disadvantages?...

The next round of GATT negotiations - the so-called "Nixon Round" - will be opened at the ministerial level in Tokyo on September 12–14, 1973, and probably continue for several years in Geneva. Less developed countries (LDCs) which have not joined GATT but nevertheless wish to participate in...

All Latin American countries strive for diversification of the exportable industrial production and the exploitation of new and non-traditional foreign export markets. These efforts are not free from the dangers of erroneous assessment of the limits of exports resulting in grave disadvantages...

Using Germany as an example, this article examines how different groups of small andmedium-sized enterprises were impacted by and recovered from the COVID-19 pandemic.The study found that at the onset of the pandemic, turnover losses were experienced notjust by enterprises regarded as poor...

In the current economic policy debate, there are often calls to reverse advanced developments in globalisation and the international division of labour. Reasons such as greater business resilience, political independence and, from a climate perspective, less harmful production argue for not...

Overall, decoupling from certain countries may be both politically necessary and economically feasible, at least in the long run. However, a general shift of production back to Europe would be accompanied by significant losses in real income.