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This paper discusses the growing dimensions of the offshoring of service activities both in manufacturing and service … industries. Trade in Value-Added data implies a great potential of service offshoring for global welfare, however, the negative …
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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.
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Using new and unique survey evidence on digitalisation activities and investment in climate change of non-financial firms in the EU and the US, this article documents the trend towards twin digital and green investment in the corporate landscape after the COVID-19 pandemic. We use information...
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to the world economy and reinforce economic and technological decoupling tendencies between China and the West. …
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negotiated previous multilateral trade accords and the accession of China to the World Trade Organization, the deglobalisation …
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