The KCG junior researcher supports the GIZ with the implementation of a baseline study focusing on smallholder farmers commercially active in the agricultural value chains of baobab, pigeon pea and organic rice. The baseline study is part of the monitoring system […]
The volume of international trade declined dramatically during the global financial crisis of 2008-09. Since then several explanations have been proposed for this sudden trade collapse. These include a fall in global demand, reviving trade protectionism, a domino effect created by global value chains, and the restriction in external finance for firms. Uncovering the contribution of these various causes to the severity of the trade collapse is crucial to understand the functioning of the global trade system and to mitigate […]
We investigate whether firms’ “global engagement”, either in the form of exporting or opening up affiliates abroad, is related to the change in their management performance.
This paper uses rich firm-level data for the UK to investigate the link between firms’ financial health and export exit, paying attention to the ERM currency crisis and the global financial crisis.
This paper uses rich firm-level data for the UK to investigate the link between firms’ financial health and export exit, paying attention to the ERM currency crisis and the global financial crisis. Our results show that deterioration in the financial position of firms has increased the hazard of export exit during the 2007-09 crisis but has no significant effect on the early 1990s crisis. We also explore the extent to which firms in financially vulnerable industries face greater sensitivity of export exit to financial conditions. We conclude that firms in sectors with great reliance on external finance experience higher hazards of exiting the export market during the 2007-09 crisis.
We are happy to announce that Prof. Dr. Johannes Brinkmann has recently joined the KCG as an External Research Fellow. Prof. Brinkmann is a professor of Business Ethics at the Department of Strategy and Entrepreneurship of the BI Norwegian Business School and adjunct professor at the Arctic University of Norway in Tromsø. He has extended expertise and research experience in the fields of business ethics, Socratic dialogue in ethics and teaching, comparative social science, and risk and insurance research. Prof. […]
KCG’s PhD students participated in a week-long seminar on “The Governance of Trade and Investment in a New Era of Globalization”
During the last week of September 2017 KCG’s PhD researchers Thilo Kroeger, Finn Ole Semrau, and Frauke Steglich participated in an advanced seminar on “The Governance of Trade and Investment in a New Era of Globalization” held by Iza Lejárraga of the OECD. The course was part of the Kiel Institute’s Advanced Studies Program in International Economic Policy Research (ASP). The ASP is a 10-month graduate program intended to give recent graduates and young professionals specialized insights and further training […]
KCG PhD Researchers Guli-Sanam Karimova, Thilo Kroeger, Finn Ole Semrau, and Frauke Steglich and KCG Deputy Coordinator Cecilia Hornok presented the KCG on September 29, 2017 at the European Researchers’ Night in Plön. The European Researchers’ Night is aimed at bringing together individuals, entrepreneurs, and scientists to communicate research to the broader public and is open to everyone interested in science. Under the title of „Was haben weltweite Lieferketten, Tuberkulose und Wissenschaftskommunikation gemeinsam?“ (What do global value chains, tuberculosis, and […]