Over the last five years, wind turbine original equipment manufacturers (OEMs) reduced onshore wind turbine blade production capacity in developed countries. Onshore blade production (which is a labor-intensive process) for markets outside of China is increasingly located in countries with low...

The present article examines the world labor market under the influence of increasing globalization and technologies of the Fourth Industrial Revolution, having made the beginning of the digital transformation of the world economy. Such general alterations caused by technological changes in...

The 2021 Elite Quality Index (EQx2021) is a global ranking of countries built on the notion of ‘elite quality’. Elite quality is a macro-level feature of the political economy that measures the value creation aggregate of all elite business models. Elites are dominant coalitions with the...

We investigate how protectionist policies influence short-run economic growth. Our empirical strategy exploits an extraordinary tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was overturned by a protectionist majority in 1887. The...

We argue that trade in intermediate inputs, or 'global production sharing,' is a potentially important explanation for the increase in the wage gap between skilled and unskilled workers in the U.S. and elsewhere. Using a simple model of heterogeneous activities within an industry, we show that...

We study whether international trade fosters democracy. The likely endogeneity between democracy and trade is addressed via the gravity model of trade, allowing us to obtain a measure of natural openness. This serves as our instrumental variable for actual trade openness à la Frankel and Romer...

This paper looks at the nexus between the United Nations’ (UN) Sustainable Development Goals (SDGs) and global learning in the area of English teaching to explore how the Sustainable Development Goals influence learning outcomes of the English language programs to foster responsible...

International commercial arbitration is a mechanism, rather an alternative method of resolving disputes ascending between private parties under international commercial contracts. Third-party funding (TPF), if not totally novel but relatively innovative phenomenon in international commercial...

Recent disruptions to global value chains (GVCs) have raised an important question: Can decoupling from GVCs increase a country’s welfare by reducing its exposure to foreign supply shocks? We use a quantitative trade model to simulate GVCs decoupling, defined as increased barriers to global...