It is neither likely nor desirable for central banks to exit from unconventional monetary policies in the near future. However, it is important that central banks develop an exit strategy, evaluate the merits of new and old monetary policy tools and communicate with the public so as to maintain...

German Foreign Direct Investment (FDI) in Africa is lagging behind China, France, the Netherlands, the UK, the US, and other economies. It represented only 1 percent of the German total FDI stock abroad in 2018 and is concentrated in few African countries. Overall, around 850 German firms have...

Seasonal migration is an ever more important phenomenon worldwide, but has received little attention in empirical research. This paper investigates the choice of seasonal versus longer-term migration on a household level. We use data from Moldova, a country that is witnessing a massive...

This paper sheds light on how changes in the organization of work lead to wage inequality. We present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage premium. Since abilities and opportunities to expand the span of competence are...

Goal 8 of the UN Sustainable Development Goals (SDGs) calls for promoting "sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all". One driver that may help to achieve this goal is foreign direct investment (FDI). It has the potential to...

When it comes to attracting foreign direct investment, Africa as a whole may be described as some-thing like the "forgotten continent". In a global comparison, the continent is fairly insignificant as a destination for the investment of foreign companies. This paper makes this point using...

Foreign trade and sustainability is high on the political agenda. German and international policy-makers undertake increasing efforts to use trade policy more effectively for sustainable development purposes. A growing toolbox is meant to facilitate these policy aims, including sustainability...

Ein Lieferkettengesetz kann einen starken Anreiz dafür setzen, dass deutsche Unternehmen sich für nachhaltige Sozial- und Umweltbedingungen in globalen Lieferketten einsetzen. Dabei sollte jedoch überdacht werden, ob es zum jetzigen Zeitpunkt nicht sinnvoller wäre, eine gesetzlich...

This paper aims to identify the obstacles to attracting "quality" foreign direct investment (FDI) in middle-skill manufacturing activities, so as to inform an action-agenda for policies that will help developing and emerging market economies to link into global supply chains while building...