Whereas various drivers of the international innovative activity have been studied in the literature, our understanding of the contributions...

This paper exploits time and geographic variation in the adoption of Special Economic Zones in India to assess the direct and spillover...

Recent empirical research on efficiency gains for Russia from WTO membership concludes that service trade liberalization especially through...

In August 2014, the Russian Federation implemented an embargo on select food and agricultural imports from Western countries in response to...

Russia's foreign debt problems worsened substantially after the financial crisis of 1998. The paper focuses on the key role of the government...

The paper reviews the recent conduct of monetary policy and the central bank's rule-based behavior in Russia. Using different policy rules, we...

China’s lending boom to developing countries is morphing into defaults and debt distress. Given the secrecy surrounding China’s loans, also...

How will sovereign debt markets evolve in the 21st century? We survey how the literature has responded to the eurozone debt crisis, placing...

The COVID-19 pandemic changed the relationship between the market economy, state, and society in the G7 countries and beyond. While economies...

The latest Renewable Energy Directive (RED II) by the European Union (EU) provides an updated framework for the use of renewable energy in the...

Any integration of extra carbon dioxide removal (CDR) via terrestrial or marine sink enhancement into climate policies requires accounting for...

We analyze Ramsey optimal monetary policy in a New-Keynesian model with search and matching frictions featuring (i) training costs due to...

Underpinning China’s technological advancement are the twin-engines of exports and innovation. To better understand China’s meteoric economic...

This paper proposes a simple framework to model contextual influences on procedural decision making. In terms of utility, we differentiate...

Tackling the root causes of migration from developing countries through development cooperation has been suggested as an essential part of the...

To limit global warming to 1.5°C, vast amounts of CO2 will have to be removed from the atmosphere via Carbon Dioxide Removal (CDR). Enhancing...

Bilateral trade balances often play an important role in the international trade policy debate. Academic economists understand that they are...

Linking the EU and Chinese Emission Trading Systems (ETS) increases the cost-efficiency of reaching greenhouse gas mitigation targets, but...

We analyze the impact of national pharmaceutical regulation on the launch delay of new chemical entities approved by the EMEA’s centralized...