Reducing public sector deficits and high debt burdens in part will require an increase in net exports – which is only possible if the countries concerned are able to produce goods and services that are 'competitive' on world markets. Policies aimed at enhancing competitiveness may be offset by...

The leaders of Canada and the United States have announced an ambitious vision for perimeter security and economic competitiveness between the two countries. They have charged a working group with producing a multi-year Action Plan that will turn this vision into reality. The vision is centered...

The financial crisis of 2007/2008 and the current "Euro crisis" challenge the current global monetary system. They drastically reveal the actual system's weaknesses und show the eminent importance of the international monetary system for the stability of markets and national economies. DIW...

During the past 30 years, Canada’s share of world foreign direct investment (FDI) has been subject to a secular decline. Further, according to various measures of openness to foreign investments, Canada does not rank favourably against many of its peers. One of the culprits is Canada’s...

A comprehensive economic and trade agreement (CETA) between Canada and the European Union (EU) is both desirable and possible. For Canada, an agreement with the EU is a strategic opportunity to significantly diversify the market for its high-value-added goods, services and skills, to increase...

The paper shows that Asia's degree of financial integration, both with the world and within the region remains low by various measures. The paper also provides empirical evidence that greater financial integration can support economic rebalancing in statistically meaningful ways. The implication...

The paper discusses different views on the reform of the International Monetary System. It illustrates the most recent antecedents of the current debate, focusing on criteria, determinants and effects of the choice among different exchange regimes and discussing in particular the relationship...

The paper discusses different views on the reform of the International Monetary System. It illustrates the most recent antecedents of the current debate, focusing on criteria, determinants and effects of the choice among different exchange regimes and discussing in particular the relationship...

Globalisation, which was predicted by experts to do away with the nation state and create a single world market, has not turned out exactly as foretold. The most striking developments brought by the phenomenon have come in terms of faster transfer of goods and services across international...

Globalisation, which was predicted by experts to do away with the nation state and create a single world market, has not turned out exactly as foretold. The most striking developments brought by the phenomenon have come in terms of faster transfer of goods and services across international...