Government subsidies are an increasingly central issue for global trade, yet their nature and implications for international trade are still insufficiently understood. Using novel data from the OECD MAnufacturing Groups and Industrial Corporations (MAGIC) database, this column reveals that subsidies are common among major global firms across 14 key industrial sectors but typically modest relative to firm revenue, with notable exceptions. China-based companies stand out for receiving significantly larger subsidies, especially in the form of below-market borrowings, and frequently expanding their share in global markets.

La OCDE inaugura su Primer Foro sobre la Lucha contra el comercio ilícito, otorgando a la Zona Franca de Barcelona el primer certificado que establece los criterios de seguridad y transparencia en el ...

La OCDE inaugura su Primer Foro sobre la Lucha contra el comercio ilícito, otorgando a la Zona Franca de Barcelona el primer certificado que establece los criterios de seguridad y transparencia en el ...

EU South Africa CTIP launch

The EU and South Korea concluded negotiations on a digital trade agreement.

Europe had a rocky ride during President Trump's first term, but it was largely spared from significant tariffs. The world is different this time around.

The EU is mulling retaliatory duties on US car parts in response to the return and expansion of steel and aluminium tariffs in Washington.

The European Union and India are doubling down on joint research efforts in areas related to high tech, clean tech and make trade in agri-food easier.

President Trump first imposed tariffs on steel and aluminum in 2018, but this time it's different. Ana Swanson (New York Times) joins to explain (32:23).

CESifo is delighted to announce that we will host the Journal of International Economics (JIE) Summer School from 16 - 18 July 2025. The local academic hosts are Claudia Steinwender (LMU Munich), Cars...

Join us for an insightful event with Olivier J. Blanchard, senior fellow, Peterson Institute for International Economics, Jason Furman, professor of the practice of economic policy, Harvard University...

Netumbo Nandi-Ndaitwah of Namibia's ruling SWAPO party has been elected president and will be the country's first female leader, results released by the country's electoral commission showed on Tuesday.