Global economy and trade

South Korea's rollercoaster relations with China offer lessons for Europe

Global supply chains: lessons from a decade of disruption

This paper revisits the effects of three shocks on the functioning of global supply chains.

Knowledge spillovers and geopolitical challenges in global supply chains

Our main message is that policies restricting knowledge flows should be limited to narrowly defined areas of strategic importance.

South Korea's semiconductor strategy

Economic ties are being reshaped by the semiconductor industry's evolution

China and WTO reform: what to expect?

Russian foreign trade tracker

Indonesia’s post-election balancing act

Indonesia must reconcile its aim to be a leading Asian power with its current over-reliance on China

The post-election Taiwanese economy: decisions ahead and takeaways for the European Union

The EU should try to attract more business from Taiwan, though Taiwan’s January 2024 election has not made the job easier

Global and regional Gini coefficients of income inequality

Income inequality hardly changed during the COVID-19 pandemic

Contrary to expectations, there was no widespread increase in either within-country or global income inequality during the pandemic

Asia 2024 Outlook

China’s third attempt to internationalise its currency

What will happen if China manages to strengthen the RMB?

Global Supply Chain Resilience: Facts and Implications

US and UK strikes in Yemen: implications for global energy markets

While trade disruptions arising from the conflict in the Red Sea are so far minimal, a further regional escalation could impact global energy prices.

Taiwan’s future economic direction hinges on the election outcome

Depending who wins Taiwan’s 13 January election, the island could swing towards closer relations with China, or entrench decoupling from China.

Taiwan's election will mark an economic crossroads

Growth is rebounding, but island must decide whether to deepen links with China.