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...

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

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...

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...

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.

Losing a parent is a trauma that has consequences for human capital formation. Does it matter at what age this trauma occurs? Using longitudinal data from the Kagera region in Tanzania that span thirteen years from 1991-2004, we find considerable...

We assess the effect of income inequality on life expectancy by performing separate estimations for developed and developing countries. Our empirical analysis challenges the widely held view that inequality matters more for health in richer countries...