This article analyses the cost implications of an EU Carbon Border Adjustment Mechanism (CBAM) for downstream industries in Germany. The restriction to a few basic industries as envisaged in the EU Commission's proposal is expected to lead to only a slight increase in input costs for downstream...

Die Europäische Union strebt mit den Maßnahmen des Fit-for-55-Pakets eine Verringerung der CO2-Emissionen bis 2030 um 55% an, verglichen mit dem Stand von 1990. Diese Reduktion soll durch verschiedene Maßnahmen erreicht werden, die auch die kommerzielle Luftfahrt betreffen. Dies sind unter...

Europe must increasingly deal with the harmful impacts of climate change, regardless of its success in reducing emissions. These impacts have significant cross-border effects and threaten to deepen existing divisions. Cooperation on adaptation, which is mostly seen as requiring local or regional...

As part of its sanctions regime, the United States recently announced the imposition of punitive import tariffs on 570 product groups from Russia. The European Union may follow suit and enact sanctions on Russia that mirror the US sanctions in scale and scope. Using a sector-specific...

There are many reasons to reform the Stability and Growth Pact, but that reform is no panacea. This is because the euro area periphery has increasingly entered a debt conundrum.

We use a new database on European real estate purchase and rental prices - the IWH European Real Estate Index - to document the relationship between staggered COVID-19 dynamics and real estate prices in 14 EU countries between January 2020 and December 2021. For most countries, we find no...

The EU has recently concluded or is currently in the process of negotiating a number of bilateral free trade agreements with both industrialized countries, e.g. Japan, and developing as well as emerging economies. Negotiations with the latter group also include Vietnam, where negotiations were...

Structural transformation and export diversification into higher value-added products and away from primary commodities remain major development objectives for low-income countries (LICs). Sectors such as apparel or leather products have traditionally been gateways to export diversification for...

Im Laufe des Jahres 2023 plant die Europäische Kommission, einen Vorschlag für ein neues Körperschaftsteuersystem unter dem Titel "Business in Europe: Framework for Income Taxation (BEFIT)" vorzustellen. Im Kern geht es bei BEFIT um das Aufstellen von gemeinsamen Regeln innerhalb der...