The Russian invasion of Ukraine has caused disruptions in international trade and highlighted the dependency of small open economies in Europe on imports, especially of energy. These events may have changed Europeans' attitude towards globalization. We study two waves of representative...

This analysis highlights the significant role that domestic actors play in determining the outcomes of economic sanctions. It models the behavior of the main opposition party during an economic sanction episode, and introduces two commonly used variables when considering the effectiveness of...

Die Anfälligkeit der Lieferketten europäischer Unternehmen gegenüber politisch bedingten Störungen und die festgestellte Bereitschaft autoritärer Regime zur Ausnutzung wirtschaftlicher Abhängigkeiten haben deutlich gemacht, wie wichtig es für Staaten und Unternehmen ist, geopolitische...

From the perspective of international economic governance, other than casting aspersions on the judgement of those that negotiated previous multilateral trade accords and the accession of China to the World Trade Organization, the deglobalisation narrative is silent on how to reform that...

This paper identifies various channels through which the Sino-US trade war and the January 2020 truce affect Swiss goods exports. As a third party to this bilateral trade war, Switzerland's goods exports were not targeted directly. Nevertheless, Swiss goods exports were implicated and evidence...

The era of free trade seems to be over. Increasing protectionism and new or intensified trade wars are to be expected at the latest with the new administration of President-elect Donald Trump. Tariff threats and geopolitical conflicts are focussing attention on the issue of (supply) security....