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January 1, 2020 marks the 25th anniversary of the founding of the World Trade Organization. Whether it is looking forward to a rosy future is however uncertain. Their largest members, the US and China escalate their tariff disputes outside the...

The WTO has provided the international community with very large welfare gains, and bilateral trade agreements cannot replace its multinational system. The collapse of the WTO would therefore lead directly to a loss of prosperity worldwide. To...

KKB 61: World output growth has slowed further in the course of 2019. However, most recently signs of stabilization appeared, especially in emerging economies where expectations seem to have started to improve.

The Aarhus-Kiel Workshop is a yearly event which brings together researchers affiliated with Aarhus University or Kiel University / the Kiel Institute for the World Economy (IfW) who are active in the field of international economics / international...

The attraction of foreign direct investment (FDI) is considered to be of particular importance for emerging economies because it represents a channel through which international convergence in standards of living may be achieved. One important effect...