Development assistance has for many decades been aiming to support developing countries’ strategies to achieve more sustainable development. Yet, evidence shows that the impact of such assistance has been well below expectations. This study examines the efforts of assistance providers and...

China is the world's largest official creditor, but we lack basic facts about the terms and conditions of its lending. Very few contracts between Chinese lenders and their government borrowers have ever been published or studied. This paper is the first systematic analysis of the legal terms of...

In a study commissioned by Gesamtmetall, the Kiel Institute for the World Economy examines the effects of the German Due Diligence Act, which was passed by the Bundestag in June 2021. The planned EU directive is also addressed. The law will increase costs and risks for companies trading with...

Foreign direct investment (FDI) is one of the most ambiguous and the least understood concepts in international economics. Common debate on FDI is confounded by several myths regarding its nature and impact on capital accumulation, technological progress, industrialization and growth. It is...

Das Gutachten untersucht, ob die IWF-Prognosen für den Zuwachs des Bruttoinlandsprodukts in der Welt und in der Gruppe der Entwicklungs- und Schwellenländer mithilfe von gängigen Frühindikatoren verbessert werden können. Dabei zeigt sich, dass die Prognosegüte der IWF-Prognosen mit...