World Economy and Development Finance

Team

Aboushady, Nora
Berensmann, Kathrin
Berger, Axel
Brandi, Clara
Laudage, Sabine
Hilbrich, Sören
Olekseyuk, Zoryana
Sommer, Christoph
Stender, Frederik
Vogel, Tim
Volz, Ulrich
Walle, Yabibal

Publications

Implementing sustainability taxonomies to redirect capital flows: the case of South Africa
Hilbrich, Sören / Kathrin Berensmann / Giovanna Artmann / Sam Ashman / Theresa Herbold / Steffen Lötters-Viehof / Agnese Monti / Felix Paffhausen / Stephanie Roigk / Lee-Ann Steenkamp (2024)
in: Climate Policy, first published 22.10.2024

Global governance through voluntary sustainability standards: Developments, trends and challenges
Marx, Axel et al. (2024)
in: Global Policy, first published 30.06.2024

Social cohesion and firms’ access to finance in Africa
Walle, Yabibal M. (2023)
in: Social Indicators Research, first published 18.03.2023

Local financial development and the growth of small firms in Vietnam
Tran, Viet T. / Yabibal M. Walle / Helmut Herwartz / Trung Thanh Nguyen (2022)
in: Journal of the Asia Pacific Economy, 10.08.2022

Social cohesion and firms’ access to finance in Africa
Walle, Yabibal M. (2022)
Discussion Paper 9/2022

Do greener trade agreements call for side-payments?
Brandi, Clara / Jean-Frédéric Morin / Stender, Frederik (2022)
in: Journal of Environment and Development 31 (2), 111-138

Implementing an investment facilitation for development agreement: how to self-assess implementation gaps and technical assistance needs
Berger, Axel / Ann-Margret Bolmer / Zoryana Olekseyuk (2022)
Geneva: International Trade Centre

El impacto económico del acuerdo Unión Europea - Mercosur en España
Latorre, María C. / Hidemichi Yonezawa / Zoryana Olekseyuk (2021)
in: Ministerio de Industria, Comercio y Turismo

Quantifying investment facilitation at country level: introducing a new index
Berger, Axel / Ali Dadkhah / Zoryana Olekseyuk (2021)
Discussion Paper 23/2021

The aftermath of anti-dumping: are temporary trade barriers really temporary?
Silberberger, Magdalene / Anja Slany / Christian Soegaard / Frederik Stender (2021)
in: Open Economies Review, first published 06.12.2021

The trade effects of the economic partnership agreements between the European Union and the African, Caribbean and Pacific Group of States: Early Empirical insights from panel data
Stender, Frederik / Axel Berger / Clara Brandi / Jakob Schwab (2021)
in: Journal of Common Market Studies 59 (6), 1495-1515

Cling together, swing together: the contagious effects of COVID‐19 on developing countries through global value chains
Pahl, Stefan / Clara Brandi / Jakob Schwab / Frederik Stender (2021)
in: The World Economy 45 (2), 539-560

Murky trade waters: regional tariff commitments and non-tariff measures in Africa
Stender, Frederik / Tim Vogel (2021)
Discussion Paper 13/2021

EU-Wirtschaftspartnerschaftsabkommen mit Ostafrika: Regionale Umsetzung adé
Stender, Frederik (2021)
published on www.euractiv.de, 18.08.2021

Bye-bye regional implementation, hello variable geometry
Stender, Frederik (2021)
published on www.euractiv.com, 16.08.2021

The jury is still out on the economic partnership agreements
Berger, Axel / Clara Brandi / Jakob Schwab / Frederik Stender (2021)
published on jcms.ideasoneurope.eu, 16.08.2021

Unintended consequences of microfinance: effects on credit access for small- and medium-sized enterprises
Sommer, Christoph (2021)
Journal of International Development, first published 23.12.2021

The joint effects of financial development and the business environment on firm growth: evidence from Vietnam
Haschka, Rouven E. / Helmut Herwartz / Philipp Struthmann / Viet Tuan Tran / Yabibal M. Walle (2021)
in: Journal of Comparative Economics, first published 17.12.2021

Addressing the challenges of digital lending for credit markets and the financial systems in low- and middle-income countries
Sommer, Christoph (2021)
Briefing Paper 23/2021

The democratic deficit of the G20
Hilbrich, Sören (2021)
in: Journal of Global Ethics, first published 10.10.2021

What is social finance? Definitions by market participants, the EU taxonomy for sustainable activities, and implications for development policy
Hilbrich, Sören (2021)
Discussion Paper 29/2021

The impact of patient capital on job quality, investments and firm performance: cross-country evidence on long-term finance
Sommer, Christoph (2021)
Discussion Paper 6/2021

Democratic participation and the populist challenge to global governance
Hilbrich, Sören (2021)
published on blogs.die-gdi.de, 04.11.2021

Economic impacts of investment facilitation
Balistreri, Edward J. / Zoryana Olekseyuk (2021)
Center for Agricultural and Rural Development/Iowa State University, Working Paper Series (21-WP 615)

Cling together, swing together: the contagious effects of COVID-19 on developing countries through global value chains
Pahl, Stefan / Clara Brandi / Jakob Schwab / Frederik Stender (2020)
Discussion Paper 21/2020

Advancing EU-Africa cooperation in light of the African Continental Free Trade Area
Berger, Axel / Clara Brandi / Frederik Stender / Edward K. Brown / Philomena Apiko / Sean Woolfrey (2020)
ETTG-Paper, September 2020

Why Germany should give high priority to supporting the African Continental Free Trade Area during the EU Council Presidency
Keijzer, Niels / Clara Brandi / Axel Berger / Frederik Stender (2020)
Die aktuelle Kolumne vom 07.09.2020

Africa’s diversification and its trade policy transformation
Ndung’u, Njuguna / Axel Berger / Clara Brandi / Uri Dadush / Fatima Olanike Kareem / Olayinka Idowu Kareem / David Luke / Simon Mevel / Rim Ben Ayed Mouelhi / Abebe Shimeles / Frederik Stender / Wilson Wasike (2020)
in: T20 Saudi Arabia, Policy Brief, Online

The trade effects of the Economic Partnership Agreements between the European Union and the African, Caribbean and Pacific Group of States: early empirical insights from panel data
Stender, Frederik / Axel Berger / Clara Brandi / Jakob Schwab (2020)
Discussion Paper 7/2020

How seriously does the EU take values and standards in trade agreements?
Stender, Frederik (2020)
The Current Column of 16 March 2020

Foreign multinationals in service sectors: a general equilibrium analysis of Brexit
Latorre, María C. / Zoryana Olekseyuk / Hidemichi Yonezawa (2020)
in: The World Economy, 43 (11), 2830-2859

Making sense of Brexit losses: An in-depth review of macroeconomic studies
Latorre, María C. / Zoryana Olekseyuk / Hidemichi Yonezawa / Sherman Robinson (2020)
Economic Modelling, 89, 72-87

Trade and foreign direct investment-related impacts of Brexit
Latorre, Maria C. / Zoryana Olekseyuk / Hidemichi Yonezawa (2020)
in: The World Economy 43 (1), 2-32

Economic and distributional impacts of free trade agreements : the Case of Indonesia
Cali, Massimiliano / Maryla Maliszewska / Zoryana Olekseyuk / Israel Osorio-Rodarte (2019)
in: World Bank Policy Research Working Papers (No. 9021)

Playing with fire - Brazil's dilemma in the EU-Mercosur trade agreement
Stender, Frederik (2019)
in: Diplomatisches Magazin 12/2019, 40-43

Kick-starting diffusion: explaining the varying frequency of PTAs’ environmental clauses by their initial conditions
Morin, Jean-Frédéric / Dominique Blümer / Clara Brandi / Axel Berger (2019)
in: The World Economy 15 May 2019

Like it or not? How the economic and institutional environment shapes individual attitudes towards multinational enterprises
Harms, Philipp / Jakob Schwab (2019)
in: The World Economy, 42(3), 636-679

The political economy of Chinese investment treaties
Berger, Axel (2019)
in: Ka Zeng (ed.), Handbook on the international political economy of China,Cheltenham/Northhampton: Elgar, 151-168

Brexit: everyone loses, but Britain loses the most
Latorre, Maria C. / Zoryana Olekseyuk / Hidemichi Yonezawa / Sherman Robinson (2019)
in: PIIE Working paper 19-5

The global debt governance system for developing countries: deficiencies and reform proposals
Berensmann, Kathrin (2019)
in: Andreas Antoniades / Ugo Panizza (Hrsg), Global Debt Dynamics: Crises, Lessons, Governance, London: Routledge, S. 137-155

Governing digital trade – a new role for the WTO
Cheng, Wallace / Clara Brandi (2019)
Briefing Paper 6/2019

Investment facilitation for development: a new route to global investment governance
Berger, Axel / Sebastian Gsell / Zoryana Olekseyuk (2019)
Briefing Paper 5/2019

Potential of blockchain technology for trade integration of developing countries
Schwab, Jakob / Jan Ohnesorge (2019)
Briefing Paper 4/2019

China‘s new silk road. Financing opportunities and risks
Berensmann, Kathrin (2019)
in: Diplomatic Magazine, Berlin

How Brexit affects Least Developed Countries
Olekseyuk, Zoryana / Israel Osorio Rodarte (2019)
Briefing Paper 2/2019

Tax expenditure and the treatment of tax incentives for investment
Redonda, Agustin / Santiago Diaz de Sarralde / Mark Hallerberg / Lise Johnson / Ariel Melamud / Ricardo Rozemberg / Jakob Schwab / Christian von Haldenwang (2019)
in: Economics 13 (12), 1-11

Why developing countries are facing a new debt crisis
Berensmann, Kathrin (2019)
Die aktuelle Kolumne vom 11.02.2019

Bond yield spillovers from major advanced economies to emerging Asia
Belke, Ansgar / Irina Dubova / Ulrich Volz (2018)
in: Pacific Economic Review 23 (1), 109-126

Localising sovereign debt: the rise of local currency bond markets in Sub-Saharan Africa
Dafe, Florence / Dennis Essers / Ulrich Volz (2018)
in: The World Economy 41 (12), 3317-3344

Mitigating the adjustment costs of international trade
Akman, Sait / Clara Brandi / Uri Dadush / Peter Draper / Andreas Freytag / Miriam Kautz / Peter Rashish / Johannes Schwarzer / Rob Vos (2018)
in: Global Solutions Journal 1 (2), 255-269

The global debt governance system for developing countries: deficiencies and reform proposals
Berensmann, Kathrin (2018)
published on Third World Thematics: A Third World Quarterly (TWQ ) Journal, 15 Feb 2018

Was bedeutet Trumps America-first-Handelspolitik für den globalen Süden?
Brandi, Clara / Axel Berger (2018)
Bonn: Bundeszentrale für politische Bildung

Moving the G20’s investment agenda forward
Berger, Axel / Karl P. Sauvant / Silvia Karina Fiezzoni / Rodrigo Polanco Lazo / Matthew Stephenson / Akihiko Tamura / Pavel Trunin (2018)
in: Transnational Corporations Review 10 (3), 262–267

Justice in Trade
Brandi, Clara (2018)
in: Klaus Dingwerth / Clara Weinhardt (eds.), The language of world trade politics unpacking the terms of trade, London: Routledge, 176-192

The G20 in 2017: born in a financial crisis - lost in a global crisis?
Berger, Axel / Julia Leininger / Dirk Messner (eds.) (2018)
in: Global Summitry (Special Issue)

The Trump-induced G20 stress test on trade: did the German presidency pass?
Berger, Axel / Simon Evenett (2018)
published on Global Summitry (Special Issue)

Moving the G20’s investment agenda forward
Berger, Axel / Karl P. Sauvant / Silvia Karina Fiezzoni / Rodrigo Polanco / Matthew Stephenson / Akihiko Tamura / Pavel Trunin (2018)
published on T20 Argentina 2018

Domestic revenue mobilisation: a new database on tax levels and structures in 80 countries
Modica, Emmanuelle / Sabine Laudage / Michelle Harding (2018)
Paris: OECD (OECD Taxation Working Papers 36)

What’s next for the investment facilitation agenda?
Berger, Axel (2018)
published on Columbia Center on Sustainable Investment (Columbia FDI Perspectives: Perspectives on topical foreign direct investment 224)

The G20 summit and the future of the World Trade Organization
Berger, Axel / Clara Brandi (2018)
Die aktuelle Kolumne vom 03.12.2018

Mend it, don't end it: the case for upgrading the G20's pledge on protectionism
Evenett, Simon J. / Sait Akman / Axel Berger / Eduardo Bianchi / Carlos Primo Braga / Marcela Cristini / Kamala Dawar / Matthias Helble / Galina Kolev / Jurgen Matthes / Maximilian Mendez-Parra / Claudia Schmucker / Johannes Schwarzer / Aki Tamura / Tu Xinquan (2018)
published on T20 Argentina 2018

Developing countries turn to sustainability standards
Grimm, Sven / Thomas Fues / Archna Negi / Christoph Sommer / Jorge Perez Pineda (2018)
in: Voluntary Sustainability Standards, Trade and Sustainable Development: 3rd Flagship Report of the United Nations Forum on Sustainability Standards (UNFSS), 39-46

Putting FDI on the G20 Agenda
Sauvant, Karl P. / Axel Berger (2018)
published on www.project-syndicate.org Aug 3, 2018

How Unsolved Problems Are Driving Development Countries into Debt
Berensmann, Kathrin (2018)
in: Diplomatic Magazine, Berlin, pp. 34-37.

Ukraine's unconsidered losses from the annexation of Crimea: what should we account for in the DCFTA forecasts?
Olekseyuk, Zoryana / Hannah Schürenberg-Frosch (2018)
in: Review of Development Economics 23 (2), 877-901

Economic and distributional impacts of comprehensive and progressive agreement for trans-pacific partnership : the case of Vietnam
Maliszewska, Maryla / Zoryana Olekseyuk / Israel Osorio-Rodarte (2018)
Tác động kinh tế và phân bổ thu nhập của Hiệp định Đối tác Toàn diện và Tiến bộ Xuyên Thái Bình Dương: Trường hợp của Việt Nam (Bilangual Publication / Ấn phẩm Song ngữ) Washington, D.C.: The World Bank Group (Working Paper 124022)

Privatization and the unusual case of Belarusian accession to the WTO
Balistreri, Edward J. / Zoryana Olekseyuk / David G. Tarr (2017)
published on The World Economy

Trade liberalization gains under different trade theories: a case study for Ukraine
Olekseyuk, Zoryana / Edward J. Balistreri (2017)
published on Empirica 26 April 2017, 1–36

Die ökonomischen Auswirkungen von EU-Freihandelsabkommen auf Entwicklungsländer
Brandi, Clara (2017)
in: Gabriel J. Felbermayr / Daniel Göler / Christoph Herrmann / Andreas Kalina (Hrsg.), Multilateralismus und Regionalismus in der EU-Handelspolitik, Baden-Baden: Nomos Verl.-Ges., 339-359

Bye-bye America, Konnichiwa Japan
Berger, Axel / Claudia Schmucker (2017)
published on Handelsblatt Global 13.07.2017

Environmental provisions in trade agreements: promises at the trade and environment interface
Berger, Axel / Clara Brandi / Dominique Bruhn (2017)
Briefing Paper 16/2017

The trade regime complex and megaregionals: an exploration from the perspective of international domination
Brandi, Clara (2017)
in: Global Justice: Theory Practice Rhetoric (TPR) 10 (1), 24-42

Projects

Fair Globalisation

Fair Globalisation II

Investment Facilitation for Sustainable Development