Data shows that populist and non-populist governments implemented similar policies to contain the pandemic. Non-populist governments see stronger inc

The impacts of the “COVID-19 shock” on African economies are unfolding rapidly and can be expected to vary widely by country. The effects can be divided into indirect effects depending on countries’ exposure to international trade, tourism and FDI in...

COVID-19 has struck at the core of global value chains hub regions, including China, Europe and the US. The pandemic has severe implications for international production networks and may leave its legacy for years to come.

For around four decades, a large part of worldwide production has been organized in so-called Global Value Chains (GVCs). Raw materials and intermediate products from different countries are shipped around the globe for processing and then assembled...

The paper examines the appropriate domain of the Welfare State by exploring the areas in which free enterprise fails to provide adequate welfare state services. The paper outlines a simple coherent strategy for formulating government welfare state...

This paper argues that previous cross-country (panel) studies on the relationship between income inequality and health suffer from significant biases due to (i) omitted country-specific factors, (ii) endogeneity, and (iii) cross-country heterogeneity...

Germany's social security system is surveyed, its benefits and contributions are discussed. The expansion of this system in the last decades is described, its impact on employment and growth is studied and proposals for the reform of the system are...

This paper examines the long-run effect of FDI on health in developed countries. Using panel cointegration techniques, we find a significant and negative long-run effect.

This note examines the long-run effect of FDI on health in developed countries. Using panel cointegration techniques, we find a significant negative long-run effect.

This proposal involves the establishment of `welfare accounts' for every person in a country. There are four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account...