A5072566961- Global trade and economics
- Regional Development and Policy
- Global Financial Crisis and Policies
- Economic Growth and Productivity
- Russia and Soviet political economy
- Monetary Policy and Economic Impact
- Banking stability, regulation, efficiency
- Global Trade and Competitiveness
- Economic and Technological Developments in Russia
- Fiscal Policies and Political Economy
- International Business and FDI
- European and International Law Studies
- Post-Soviet Geopolitical Dynamics
- Economic and Technological Innovation
- Firm Innovation and Growth
- Economic Policies and Impacts
- Global Socioeconomic and Political Dynamics
- Global Political and Economic Relations
- Economic Issues in Ukraine
- State Capitalism and Financial Governance
- Fiscal Policy and Economic Growth
- Business and Economic Development
- EU Law and Policy Analysis
- Corporate Governance and Law
- Market Dynamics and Volatility
World Bank
2022-2023
Vienna Institute for International Economic Studies
2018-2023
National Bank of Poland
2011
Abstract In the age of globalisation, international trade and foreign direct investment (FDI) have become integral elements cross‐country production sharing. this paper, we empirically assess impact FDI, as well capital dynamics structure on formation global value chains (GVC) at country sectoral levels based a sample European countries over period 2000–2014. We find strong FDI accumulation GVC participation: inward is especially conducive to backward linkages, while outward facilitates...
Abstract The recent global financial crisis has highlighted the importance of better understanding inherent instability in markets invoking recurrent boom‐bust cycles and leading to devastating macroeconomic effects. We use dynamic factor models state‐space techniques extract for a sample 34 advanced developing countries over period 1960Q1–2015Q4 as common using large number variables conveying price, quantity risk dynamics credit, housing, bond equity markets. In addition four...
We examine the drivers of labor productivity at aggregate and sectoral levels focusing on tangible intangible ICT capital, FDI global value chain participation. The analysis, based a panel dataset 18 EU countries, US Japan over period 2000–2017, reveals an important role especially capital embodied in software databases, driving growth. Furthermore, backward participation is also positively associated with productivity. Contrary to expectations, we do not find evidence productivity-enhancing...
Financial markets in the CE4 countries are still shallow compared to other advanced EU countries. While government bond comparable size, measured by capitalization percent of GDP, private bond, credit, and equity lag behind. Empirical analysis this paper helps identify factors that explain phenomenon. We find observed differences cannot be explained macroeconomic variables only, but incorporating indicators institutional development external funding eliminates gap case credit markets....
Abstract We analyze the heterogeneous effects of technical regulations and safety standards embodied in nontariff measures on foreign direct investment using global firm‐level panel data bilateral cross‐border ownership relationships over period 2008–2018. develop a novel measure time‐varying ad valorem equivalents sectoral measures, which reveals that barriers to trade (TBTs) played much greater role as trade‐inhibiting factor comparison with import tariffs sanitary phytosanitary (SPS)...
Financial markets in the CE4 countries are still shallow compared to other advanced EU countries.While government bond comparable size, measured by capitalization percent of GDP, private bond, credit, and equity lag behind.Empirical analysis this paper helps identify factors that explain phenomenon.We find observed differences cannot be explained macroeconomic variables only, but incorporating indicators institutional development external funding eliminates gap case credit markets.However,...
This report offers an extensive analysis of the effects EU Single Market. It sheds light on four interrelated aspects: first reveals asymmetric economic performance across member countries, which also mirrors structural differences. These differences in outcomes are next confronted with measures Market, institutions, changes demand patterns, industrial turbulence and producer price developments. Next, value chains tracked over time, put into a global perspective. Eventually, firm level...
The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct investment using panel data techniques. Among other results, we confirm high importance of tangible intangible ICT for productivity GVC integration. We examine extent underinvestment in EU relative to major economies identify bottlenecks efficient allocation. sluggish economic performance post-crisis period has been further challenged by COVID-19 outbreak. Consolidating policy...