Die großen Krisen der vergangenen vier Jahre - zunächst die Pandemie und dann die russische Invasion in der Ukraine mit ihren geopolitischen Verwerfungen - haben ihren Preis. Eine aktualisierte Bilanzierung dieser Krisenlasten kommt zu einem Ausfall an gesamtwirtschaftlicher...

In this paper, we examine the prospects for, and implications of, the dollar's continued pivotal role in the international financial system. We find, first, that the dollar remains dominant by a wide margin and will likely retain its dominance for the foreseeable future-none of the other...

Dieser Policy Brief gibt einen Überblick und Einschätzungen zu Debatten über Entwicklungspolitik. Angesichts veränderter internationaler Kontexte behandelt er die Notwendigkeit, die deutsche Entwicklungspolitik langfristig neu auszurichten und Reformen anzustoßen. Formuliert werden fünf...

This article analyses IMF estimates of economic growth in 180 countries (IMF, 2009), and inks the results to the Re-orient approach, put forward by Frank, 1998. With global economic gravitation shifting to the Indian Ocean/Pacific region, the article also analyses the role of MNC (foreign...

A model state of 'Outer Europe' is Atlanticist, it is hawkish in connection with controversial Russian behaviour, and it is enthusiastic about EU widening but sceptical in relation to its deepening and ESDP. A model state of 'Inner Europe' is characterized by an opposite profile (the outer/inner...

We augment the canonical neoclassical model of trade to allow for interstate disputes over land, oil, water, or other resources. The costs of such disputes in terms of arming depend on the trade regime in place. Under either autarky or free trade, the larger country (in terms of factor...

I construct a theory of foreign interventions in which the preferences of the foreign country over alternative local groups are determined by each group's international economic ties. In equilibrium, the foreign country supports the group with which it has the strongest ties, since this is most...