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The competition for carbon capture, storage, and utilisation is intensifying. Historically dominated by North America, the lead in this technology is now being seized by key players across Asia - reaching from Saudi Arabia to Japan. Unlike traditional energy (transition) geopolitics, this new...
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This paper assesses the relationship between carbon emissions, economic growth and, energy consumption, in USA and … governments of the USA and China cannot implement sturdier strategic energy policies in the long run without inhibiting the growth … not exist between carbon emissions and financial development for both countries. Nevertheless, in the USA, there exists a …
Persistent link: https://www.econbiz.de/10012176142
intensifying conflict between the USA and Iran. Such geopolitical risks also affect the German economy. A geopolitical shock …
Persistent link: https://www.econbiz.de/10012169822
Die Weltwirtschaft expandiert weiterhin in moderatem Tempo. Die im Frühjahr etwas schnellere Gangart scheint sich im Sommer wieder verlangsamt zu haben. In den Vereinigten Staaten verliert die Konjunktur nach und nach an Schwung. Gleichzeitig bleibt die konjunkturelle Dynamik in Europa gering,...
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This paper describes a weekly economic index (WEI) developed to track the rapid economic developments associated with the onset of and policy response to the novel coronavirus in the United States. The WEI is a weekly composite index of real economic activity, with eight of ten series available...
Persistent link: https://www.econbiz.de/10012619497
Business cycles are costlier and stabilization policies more beneficial than widely thought. This paper shows that all business cycles are asymmetric and resemble mini "disasters." By this we mean that growth is pervasively fat-tailed and non-Gaussian. Using long-run historical data, we show...
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