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On September 24th, 2021, the EIIW hosted an online (Zoom-based) workshop to mark the Institute's 25th Anniversary under the title of


Regional Integration, Climate Policy Innovations and Reforms of International Organizations


The workshop featured original papers and contributions from leading scholars from around the world and a panel discussion with experts from the spheres of academia and business



9:00 Paul JJ Welfens, Welcome Remarks and Opening Address:



I. International Integration Dynamics and the IMF

Chairperson: Thomas Gries, University of Paderborn


9:10-10:00 The Macroeconomic Effects of Import Tariffs in a Model with Multinational Firms and Foreign Direct Investment

Werner Roeger and Paul Welfens, EIIW/University of Wuppertal

Discussant: Thomas Gries, University of Paderborn


10:00-10:50 Stages in IMF Modernization: Historical and Economic Perspectives

Harold James, Princeton University

Discussant: Volker Clausen, University of Duisburg-Essen


10:50-11:00 Coffee Break


11:00-11:50 Who Benefits the Most from the Investment Spillover Due to the US-China Trade War: A Spatial Model

Tony Irawan, Bogor University

Discussant: Tian Xiong, EIIW/University of Wuppertal


11:50-12:40 The Determinants of Sovereign Risk Premiums in the UK and the European Government Bond Market: The Impact of Brexit

Samir Kadiric, EIIW/University of Wuppertal

Discussant: Manfred Kremer, ECB


12:40-13:30 Lunch Break/Lunch Speech: Alfred Schipke, IMF, Singapore



II. Climate Policy Innovations

Chairperson: Ralf Wiegert, IHS Markit


13:30-14:20 Climate Policy and Greening Economic Growth: Simulation Results

Lucas Bretschger and Alexey Minabutdinov, ETH Zürich

Discussant: Jürgen Jerger, University of Regensburg


14:20-15:10 The circular economy in China and implications for decarbonisation

Raimund Bleischwitz, University College London, and Miying Yang

Discussant: Rainer Walz, Fraunhofer Institute ISI, Karlsruhe


15:10-15:30 Coffee Break



III. Reforms of International Organizations and Global Stability

Chairperson: Andre Jungmittag, European Commission, DG Joint Research Centre, Seville



15:30-16:20 Panel Discussion

Effiziente Klimaschutzpolitik und „grüne Finanzmärkte“: Ulrich Kater, Dekabank; Fritzi Köhler-Geib, KfW; Michael Heise, Macroadvisors; Paul J.J. Welfens, EIIW

Moderator: Niklas Hoyer, WirtschaftsWoche



The EIIW gratefully aknowledges funding from the Schumpeter School Foundation at the University of Wuppertal.



Prof. Welfens zur globalen Klimaschutzpolitik