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China uses subsidies extensively to take a leading role in the global markets of green-tech products such as battery electric vehicles and wind turbines. Against the background of the current EU investigations into Chinese subsidies in these sectors, this article takes a careful look at the...
Persistent link: https://www.econbiz.de/10015046759
According to the memorandum entitled “Microelectronics 2000”, the Japanese and American lead in semi-conductor technology threatens not only the existence of a number of European firms but the prosperity of all the European economies. It therefore concludes that if Europe is not to be at the...
Persistent link: https://www.econbiz.de/10011548424
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The war in Ukraine has exacerbated pre-existing production problems in manufacturing networks originating from the coronavirus pandemic. Material shortages are compounded by uncertainties about sufficient energy supplies. Above all, energy has become more expensive for European industrial...
Persistent link: https://www.econbiz.de/10014320494
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...
Persistent link: https://www.econbiz.de/10014250072
From the perspective of international economic governance, other than casting aspersions on the judgement of those that negotiated previous multilateral trade accords and the accession of China to the World Trade Organization, the deglobalisation narrative is silent on how to reform that...
Persistent link: https://www.econbiz.de/10013475413
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.
Persistent link: https://www.econbiz.de/10013475415
The EU Directive on Corporate Sustainable Due Diligence has sparked fierce debate about the regulation of supply chains. The directive's objectives are aligned with European values. However, it raises concerns that the compliance costs of social and environmental regulations may be privatised in...
Persistent link: https://www.econbiz.de/10014477667
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,...
Persistent link: https://www.econbiz.de/10014477687
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