Fears of job losses and of increasing inequality loom large in current debates on how globalization is affecting our economies. By fundamentally changing the organization of production and work, globalization creates complex and changing patterns of winners and losers. Globalization thus creates...

[Conclusion] Taken together, the analysis in this paper does not support the conventional wisdom that the welfare state hinders country competitiveness, or that social expenditure (financed through corporate taxation) deters inward foreign direct investment. Instead, we find that welfare...

Die Autoren warnen in ihrem Beitrag vor einem neuen Trend zur Autarkie unter dem Schlagwort "Technologiesouveränität", der die Wohlstandsvorteile der Globalisierung gefährdet. Sie sehen die zurückhaltende Industriepolitik Deutschlands als erfolgreich an. Die deutsche Politik sollte sich für...

Goal 8 of the UN Sustainable Development Goals (SDGs) calls for promoting "sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all". One driver that may help to achieve this goal is foreign direct investment (FDI). It has the potential to...

Der deutsche Leistungsbilanzsaldo erreichte zuletzt im historischen wie auch im internationalen Vergleich Höchstwerte. Saldenmechanisch treten dabei neben den Handelsströmen verstärkt die Primäreinkommensflüsse (Erwerbs- und Vermögenseinkommen) hervor, wobei die Einkommen aus...

German Foreign Direct Investment (FDI) in Africa is lagging behind China, France, the Netherlands, the UK, the US, and other economies. It represented only 1 percent of the German total FDI stock abroad in 2018 and is concentrated in few African countries. Overall, around 850 German firms have...

Foreign trade and sustainability is high on the political agenda. German and international policy-makers undertake increasing efforts to use trade policy more effectively for sustainable development purposes. A growing toolbox is meant to facilitate these policy aims, including sustainability...

Russia's invasion of Ukraine has led to a sudden reassessment of political and economic relations with Russia, including financial and trade relations. This policy brief analyzes a new firm-level dataset for Germany to examine the involvement of German firms in the Russian and Ukrainian markets....

When it comes to attracting foreign direct investment, Africa as a whole may be described as some-thing like the "forgotten continent". In a global comparison, the continent is fairly insignificant as a destination for the investment of foreign companies. This paper makes this point using...

Deutschland weist seit mehreren Jahren einen anhaltenden Leistungsbilanzüberschuss auf. Im Vorfeld der Finanz- und Wirtschaftskrise stieg der Überschuss über mehrere Jahre deutlich an und hatte im Jahr 2007 über 7 Prozent des Bruttoinlandsprodukts (BIP) erreicht. Neben Deutschland wiesen...