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EU27 and the UK
The current COVID-19 crisis has shown the importance of supply chain diversification to mitigate the negative effect of unexpected supply shocks. The decision of the United Kingdom to leave the European Union poses additional challenges to foreign trade: Irrespective of the outcome of the Brexit negotiation, trade costs between the UK and the EU will increase as a response to Brexit and cause disruptions in trade relations. Trade shocks hitting one bilateral country pair might be more severe for goods that are highly dependent on few suppliers, as they cause an increase in costs and, in the worst case, supply chain disruptions. This report takes a detailed look at goods that are dependent on few suppliers and shows that few products are imported solely from the UK, representing a negligible share of imports.
Legislative Quota, Women Empowerment and Development. Evidence from Tanzania
Master's Thesis from the year 2015 in the subject Economics - Other, grade: 10/10, , language: English, abstract: This paper analyzes whether the legislative women’s quota implemented in Tanzania has helped to reduce the existing gender gap in that country. We focus on a set of development indicators indicated by the literature and an analysis of female political activity. We exploit the variation in the number of female representatives across the 131 districts of Tanzania, employing a Difference and Differences approach including fixed effects and controlling for a number of socioeconomic variables. Our analysis indicates that the legislative women’s quota in Tanzania has led to signifi...
Integration of Mercosur in the Global Economy
More than twenty years after the beginning of negotiations, a new window of opportunity seems to have opened for the ratification of a trade agreement between the European Union and Mercosur. For Mercosur, this comes at a crucial juncture in its integration process: the future of the South American trade bloc appears to be more uncertain than ever, with member states holding diverging views on Mercosur's objectives. Thirty years after its foundation, the original goals of Mercosur's integration process have been only partially achieved. While there has been some success in terms of trade liberalization within Mercosur, the goals of forming a customs union and pursuing deeper integration step...
Trade, Labour and Sustainable Development
Examining the relationship between trade and labour regulation in light of the pressing need to promote sustainable development, Tonia Novitz interrogates how international legal architecture could be reformed so that no one in the world of work gets left behind. She highlights the dangers of pursuing labour and environmental issues on parallel tracks without recognising how they interact, ultimately arguing for the crafting of the content and application of trade rules through participatory processes, which involve the inclusive representation of all sectors of the labour market and all parts of the world.
30 Years of Trade Policy
This paper presents a new global tariff database covering tariffs at the six-digit product level for 197 importing countries and their trading partners for 30 years, namely 1988 to 2017. I deal simultaneously with the two major issues, missing data and misreporting, almost doubling the number of available tariffs from 2.9 to 5.7 billion. The improvement in the data is particularly relevant for developing countries. With this new dataset at hand I document numerous new facts about tariffs around the world improving our understanding of how countries set tariffs substantially.
Are Capital Goods Tariffs Different?
In this paper we demonstrate the importance of distinguishing capital goods tariffs from other tariffs. Using exposure to a quasi-natural experiment induced by a trade reform in Colombia, we find that firms that have been more exposed to a reduction in intermediate and consumption input or output tariffs do not significantly increase their investment rates. However, firms’ investment rate increase strongly in response to a reduction in capital goods input tariffs. Firms do not substitute capital with labor, but instead also increase employment, especially for production workers. Reduction in other tariff rates do not increase investment and employment. Our results suggest that a reduction in the relative price of capital goods can significantly boost investment and employment and does not seem to lead to a decline in the labor share.
Märkte, Macht und Wandel
Während das Thema Ukraine die Menschen im Land bewegt und ein größeres Interesse an außen- und sicherheitspolitischen Themen befördert hat, gehen die globalen wirtschaftspolitischen Themen und Debatten an den meisten vorbei und werden vorwiegend von Ökonomen und Wirtschaftshistorikern geführt. Anders als während der Eurokrise, deren Zusammenhänge die Gesellschaft insgesamt eher überforderte, haben die Fragen von Lieferketten, Rohstoffsicherung und technologischem Wandel zwar mittlerweile auch Presse und Medien erreicht, für die meisten aber erschließt sich die Notwendigkeit von einem damit verbundenen Paradigmenwechsel in der deutschen Außen- und Außenwirtschaftspolitik nicht. ...
