MUNICH — Automobile and electronics manufacturers worldwide have recently had to reduce output because a severe drought in Taiwan has hit the island’s production of semiconductors.

MUNICH — Globalisation encourages innovation, or so the conventional wisdom goes. But emerging evidence suggests that this assumption, like so many economic shibboleths, must be rethought.The conventional wisdom is based on a 1991 study by Gene M.

MUNICH — This week, Germany celebrates the 30th anniversary of its reunification.

MUNICH — As the COVID-19 pandemic escalates, the risks inherent in global supply chains are more apparent than ever.

MUNICH — The mood in Germany is bleak, and not just because of the country’s current economic slowdown.

MUNICH — At just below 8 per cent of GDP, Germany’s current-account surplus is the highest of any country in the world.

MUNICH — This November, Germany will celebrate the 30th anniversary of the fall of the Berlin Wall.

The digital economy is carving out new divides between capital and labour, by allowing one firm, or a small number of firms, to capture an increasingly large market share.With “superstar” companies operating globally and dominating markets in multiple countries simultaneously, ma