Financial development, innovation and trade in emerging countries
External Publication 10. February 2025 Inmaculada Martinez-Zarzoso* / Christian Oberst in The Journal of International Trade & Economic Development Financial development, innovation and trade in emerging countries
The global economy has experienced disruptive transformations in the twenty-first century. Three major crises – related to health, governance, and climate – have created a vastly different economic environment compared to previous decades.
Inmaculada Martinez-Zarzoso* / Christian Oberst in The Journal of International Trade & Economic Development German Economic Institute (IW)
The global economy has experienced disruptive transformations in the twenty-first century. Three major crises – related to health, governance, and climate – have created a vastly different economic environment compared to previous decades.
On the one hand, a de-globalization trend has been observed, with a slowdown in trade, investment flows, and integration into global value chains (GVCs). On the other hand, geopolitics are shifting rapidly with the emergence of new economic powers, such as China. In this context, it is crucial to investigate the implications for emerging economies and their role in the continuously evolving global landscape.
This special issue presents a selection of six articles in the fields of international economics, trade, economic integration and development economics, which were presented at the International Network for Economic Research (INFER) annual conference 2022 and have been selected subject to the usual double-blind review process of the journal.
IW-Trends No. 2 11. July 2026 Hubertus Bardt et al.
Why Do Companies Invest in Germany?
The growth of Germany’s capital stock is slowing, as current investment increasingly fails to keep pacewith steadily rising disposals. In particular, private investment – which accounts for well over fourfifths of total gross fixed capital formation – has been alarmingly low in recent years.
Hubertus Bardt / Michael Grömling / Thomas Schleiermacher / Susanne Seyda IW
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