This paper analyses the potential impacts on global trade initiated by the Belt and Road Initiative. The Initiative is examined as a collection of planned transport-corridor developments and discusses their impact on maritime trade flows.

In this EconPol Policy Brief Daniel Gros cautions countries with high debt ratios not to simply rely on low interest rates to make their (Covid-19) debt sustainable. Now that the health emergency is subsiding, governments have to chart a new course for public finance. The starting point is a...

Die wirtschaftliche Seite der Energiewende wird oftmals verkürzt entlang von Kostenbelastungen und zusätzlichen Aufwendungen im Inland diskutiert. Die Transformation des Energiesystems gewinnt jedoch auch international an Bedeutung und eröffnet zusätzliche Wachstumschancen für die Anbieter...

In Afghanistan ist nach dem Abzug der Truppen der Vereinigten Staaten und der Nordatlantischen Vertragsorganisation (US- und NATO-Truppen) sowie der Machtübernahme der Taliban eine starke Zunahme von Verfolgung, politischer Gewalt und Menschenrechtsverletzungen zu erwarten. Von den...

The main purpose of this report is to analyse the main features of the current crude oil pricing system; to describe the structure of the main benchmarks currently used namely Brent West Texas Intermediate (WTI) and Dubai-Oman; to clearly identify the various financial layers that have emerged...

Sharing costs and risks are the basic foundation of any the joint venture. However, the required financial commitments might be jeopardized either by a co-venturer who cannot afford the payment of the related costs or a co-venturer who simply chooses not to pay its share. The petroleum industry...

Regional gas price trends post 2008 -- Supply and demand trends -- Russian price : volume strategy in the European market -- Contract price formation for future LNG projects to Asia -- Global gas dynamics post 2015 -- Summary and conclusions