In 2024, five countries (Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates)joined the original BRICS countries (Brazil, Russia, India, China, South Africa), reflecting aclear commitment of the group to become a relevant global actor. This study explores the reshaping of global trade patterns by estimating the determinants of exports with a focus on …
Silva Neira, I., Rodríguez, C., & Pédussel Wu, J. (2025). Institute for International Political Economy, Berlin. Working Paper No. 252/2025This paper investigates the microeconomic impacts of foreign direct investment (FDI) on local innovation using firm-level data from Chile. Applying a structural CDM model, the authors evaluate how foreign ownership and sectoral FDI flows affect innovation …
At the Athens Security Forum, hosted by the Institute of International Relations (ΙΔΙΣ), we presented an in-depth analysis of Greece’s escalating economic dependence on China. This analysis underscored the dual concerns of economic and national security posed by such dependencies. In recent years, foreign investment in Greece’s critical infrastructure has grown exponentially. By 2022, Greece’s …
In this 2024 follow-up, our Director Clark Banach and MERICS Lead Analyst Jacob Gunter provide a nuanced examination of China’s evolving maritime strategy, identifying areas where China has strengthened or ceded influence. They delve into internal dynamics within China, such as economic slowdowns or shifts in strategic priorities, as well as external pressures, including increased …
As China’s Belt and Road Initiative (BRI) enters its second decade with a new ten-year plan, reflecting its evolution from infrastructure investment to broader strategic goals. Our Director Clark Banach and MERICS Lead Analyst Jacob Gunther highlighted China’s deep involvement in global port networks, detailing how state-owned enterprises (SOEs) create dependencies and influence through Mediterranean …
Pédussel Wu, J., Banach, C., Goulas, S., Silva Neira, I. (2024). Institute for International Political Economy, Berlin. Working Paper No. 239/2024This paper introduces the BLOCS database, a global panel dataset for analyzing trade agreements and international flows. Using updated structural gravity models and comparative trade measures, the authors explore whether regional trade agreements act as …
Global Economic Impacts of the Ukraine-Russia Conflict The crisis in Ukraine began Februrary-24 2022. The information from this infographic is from April-25 2022. Although the situation is evolving at a rapid pace, we hope this information provides clarity to the magnitude of the crisis. At the moment the Ukraine-Russia conflict affects over 100 countries and the …
Long-Run Economic and Political Impacts of Soviet Occupation