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This paper reviews the state of the banking sector in Europe. At the aggregate level, the empirical data suggest that … market thus gives a lower value to these banks. Our findings provide prima facie evidence of a credit crunch in Europe …
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years. The world economy is facing a number of structural shifts that may dramatically change the outlook of GVCs in the …
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Increased robot use, fuelled by price declines and the increased dexterity of these machines, is expected to affect existing/future production technologies and the organisation of production within GVCs. In order to safeguard their competitiveness in an increasingly digitalised global economy,...
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