This article is aimed at shedding some light on the on-going re-structuring process in the Hungarian car parts industry. The performance of this sector can be regarded as a sort of proxy variable to gauge the success of transition to market economy: Hungarian car parts suppliers have lost their...

The paper first discusses alternative theoretical frameworks to analyse the impacts of FDI on host economies. Second, it provides an overview of major developments in the Hungarian automotive industry since the early 1990s, discussing both firm strategies and the macro level factors influencing...

Since roughly 2015, the world has been witnessing the dawn of the age of “NewSpace,” with space now being explored by a new set of parties for a set of purposes distinct from those of the past. NewSpace is commonly used to refer to the private sector’s growing leadership in space...

This article examines the May 2021 report by the International Maritime Organization on the outcome of the Maritime Safety Committee’s Working Group that conducted the Regulatory Scoping Exercise for the Use of Maritime Autonomous Surface Ships (MASS), with particular attention on the...

Using industry-level data from 14 OECD countries and doing business indicators of the World Bank, we analyze how country-level regulations of business activities affect investments in information and communication technologies (ICT). We find that investments in ICT decrease with the costs of...

Industrial policy is experiencing a major revival in the United States as policymakers and pundits of various ideological backgrounds propose ambitious new government schemes to boost innovation in a wide variety of sectors. Much of this advocacy focuses on creating detailed blueprints to...

Industrial policy is experiencing a major revival in the United States as policymakers and pundits of various ideological backgrounds propose ambitious new government schemes to boost innovation in a wide variety of sectors. Much of this advocacy focuses on creating detailed blueprints to...

The Model Pacific Climate Treaty presented in this report is a draft model treaty for the Pacific region aimed at averting the multiple threats posed by climate change. The initiative of a Pacific Climate Treaty builds on the momentum of the Paris Agreement adopted under the United Nations...

On June 4, 2021, the U.S. White House released a report assessing its supply chains in four critical areas: semiconductors, batteries, pharmaceuticals, and rare-earth minerals. The report included policy recommendations for securing competitiveness in the above sectors.The report’s authors...