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.

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...

The Asian Pacific countries do not only show unparalled growth dynamics, they are also in the process of growing ever closer together. There is already talk of the creation of a new economic bloc. The following article analyses private direct investment in the Asian Pacific area, an element in...

East Asian nations, which not long ago were counted among the more backward, are emerging as dramatically expanding markets as well as tough competitors for the United States. Predictions are that the Pacific-rim economy will expand twice as fast as the rest of the world. Professor Jens...

Japan's meteoric economic rise, the hardly less impressive growth of a number of newly industrialised countries in South-East Asia and the enormous mineral wealth of the region have long caused academic and political observers to show keen interest in the economies of the Pacific. Proposals for...