The Kiel Centre for Globalization (KCG) works on an interdisciplinary research agenda that evaluates the proliferation of global supply chains as an important aspect of globalization.

We use a unique cross-section survey of manufacturing firms from four European countries (France, Germany, Italy, Spain) linked with balance sheet data to study the relationship between key aspects of globalization and firm-level markups. The main...

The German current account surplus grew markedly over the last 15 years in relation to GDP, most recently reaching historically and internationally extraordinary levels. Apart from a large trade surplus, which has been the focus of numerous studies...