The Belt and Road Initiative is an unparalleled China-initiated international infrastructure project. Since its launch, international trade has already increased in the participating countries - a trend that is only there to stay. However, this development is not seen only in a positive light,...

Many countries in the Western hemisphere are currently experiencing a backlash against globalization. Most of the research examining the issue has concentrated on international specialization and within-country income inequality as main drivers of the backlash. Doing so, the discussion has...

Alle drei Länder - Ägypten, Algerien, Marokko - haben eine hohe externe Verschuldung. Ziel dieses Beitrags ist die Herausarbeitung des Einflusses, den diese Schuldenlast auf die wirtschaftliche Entwicklung jedes der drei Länder gehabt hat. Nach einer Skizzierung der Größenordnung des...