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The First KCG Lunch-Time Seminar of 2020 will Take Place on January 17

14th January 2020
KCG Secretary
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The Cobb-Douglas production function is one of the functional forms widely used in the fields of economics and econometrics to describe the quantitative relationship between production factors and outputs. Although it is widely applied in the economic and econometric research, there has been criticism since its introduction for its weak foundation and its insufficient link to the real production processes. Focusing on discussing the relevance and caveats of the Cobb-Douglas production function for research[...]

Wan-Hsin Liu Gave a Presentation on China’s Belt and Road Initiative in Hamburg

9th January 2020
KCG Secretary
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China’s Belt and Road Initiative (BRI) proposed by its President Xi Jinping in 2013 aims at fostering economic, social and political interactions between China and the other BRI countries. Many of these countries are in Asia and Europe, in line with the general perception that BRI has paid particular attention to strengthening the economic, social and political link between these two continents[...]

KCG Researchers Gave Presentations at the Aarhus-Kiel Workshop 2019

27th December 2019
KCG Secretary
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The Aarhus-Kiel Workshop is an annual research workshop, jointly organized by the Research Centre for Firms and Industry Dynamics at the Aarhus University and the Kiel Institute for the World Economy in cooperation with KCG. It serves as an excellent platform for scholars from Aarhus and Kiel who are specialised in globalization research to present and discuss research (in progress) with other experts in the field[...]

KCG Recently Started a Further Research Project on Trade and Sustainable Development in Ghana

19th December 2019
KCG Secretary
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With a specific focus on Africa, KCG researchers were involved in several research projects focusing on trade and foreign direct investment as well as their impact in Africa in 2018/2019. The projects were financially supported by the German Federal Ministry for Economic Cooperation and Development (BMZ) and by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ GmbH). As to trade, KCG researchers carried out a first project focusing on Ghana from late 2018 to mid-2019, in cooperation with Dr. Charles Ackah (University of Ghana)[...]

Heidbrink Emphasizes the key Relevance of Self-Responsibility for Dealing with Climate Challenges

12th December 2019
KCG Secretary
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On Dec. 11, 2019 Ursula von der Leyen, the President of the EU Commission, announced the European Green Deal, a roadmap with actions aiming at making Europe climate-neutral by 2050. In so doing, it should also be able to further support the economic development, provide better care for nature, improve the quality of life and encourage social inclusion at the same time. The EU Commission thus plans to present the first European Climate Law within 100 days[...]

The 2019 Forum on Globalization and Industrialization Successfully Took Place in Vienna

5th December 2019
KCG Secretary
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As part of a multi-year cooperation between the United Nations Industrial Development Organization (UNIDO), the Kiel Institute for the World Economy (IfW) and KCG, the 2019 Forum on Globalization and Industrialization (FGI) “The Future of Global Value Chains (GVCs): How the Fourth Industrial Revolution is Changing Global Production Networks” took place on November 19, 2019 at the UNIDO Headquarters in Vienna. The 2019 FGI brought together around 100 policymakers[...]

Wan-Hsin Liu Gave an Interview on China’ Investment in Europe and on Huawei in 5G Networks

3rd December 2019
KCG Secretary
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With its economic reforms for decades, China is now the second largest economy in the world. Since the turn of the new century, the Chinese government has increasingly encouraged Chinese firms to go out and invest abroad. A strong increase in Chinese firms’ investment engagement abroad can be observed particularly after the financial crisis 2008/2009. The Belt and Road Initiative (BRI) of China proposed by its President Xi Jinping in 2013 that mainly aims at improving connectivity between China/Asia and Europe through investing in large-scale infrastructure projects[...]