The separation of security and economic objectives in foreign policy, which was often sought in international political issues in the past, has outlived its usefulness. The transition to a more power-based order can be felt around the world. International economic instruments and agreements are...

The recent increasing and unprecedented attacks on multilateralism and its institutions as well as the growing dangers of weakening international cooperation are regrettably leading to an enormous setback in the history of the international system. These developments could reverse decades of...

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...

Europas Handelspolitik steuert auf eine Zeitenwende zu. Dafür ist jedoch nicht in erster Linie Putins Angriffskrieg gegen die Ukraine verantwortlich. Vielmehr ist dies eher langfristig wirkenden Einflussfaktoren zuzuschreiben: Die WTO-zentrierte multilaterale Handelsordnung erodiert zusehends....