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Are recessions drivers of structural change? Here we investigate the resilience of cities, and argue that a re-allocation of labour between industrial sectors in times of crisis induces an acceleration in structural change. Using UK data, we find that cities experienced a sharp increase in...
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embodied in Chinese value chains. These changes seem to be mainly associated with trade policy measures implemented by China … and other countries. China's share has increased in the foreign value added embodied in manufacturing value chains of the …
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This report examines key aspects of the European Union-China economic relationship, including trade, investment and … China’s key strategic project overseas, the Belt and Road Initiative (BRI). We conclude that China is, and will continue to … direction of the United States-China relationship, the EU needs to explore options for fruitful co-existence with China. Trade …
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, we model trade restrictions using a novel approach to export bans on semiconductor varieties that is consistent with US … restrictions, while China's could be strengthened. …
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