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Photo: Adelheid Rutenburges

Photo: Adelheid Rutenburges

International Growth and Business Cycle Theory

International Growth and Business Cycle Theory

Globalization and technological change is the driving force of growth and competitiveness, both at the firm and country level. During the last three decades, the global growth process has led to the appearance of new huge economies like China and India, as well as a number of smaller emerging economies on the economic map. A large share of the world’s industrial production has shifted from Europe and North America to these newly emerging countries. This shift in competitive advantages has changed real live and working conditions. Employers and employees in each firm have to adjust to these changing global conditions.

An understanding of monetary and financial aspects of globalization is of equal importance. Global financial and stock markets are closely linked. In the last decade alone, major currency and financial crises have affected industrializing countries from East Asia to Latin America damaging economic growth.

Research on the dynamics of global growth and competition as well as the global integration of financial markets is the core focus of this research unit.


The Center for International Economics (CIE) covers a wide range of issues in economics and international economics, both at the macro and micro level. These issues include fields like global growth and development, health economics, competition theory and policy, multinational firms, mechanism design and game theory, education and human capital, and econometrics. Research activities cover both, theory and empirical studies.

University of Paderborn
Faculty of Business Administration and Economics
International Growth and Business Cycle Theory
Warburger Straße 100
33098 Paderborn


Telefon: +49 5251 60-2114
Fax: +49 5251 60-3540
E-Mail: heike.degler[at]

Publication in the Journal of Regulatory Economics
Publication in Theoretical and Applied Climatology
Publication in the Journal of International Migration and Integration
Publication in the International Economics and Economic Policy
Office Hour - please contact Heike Degler by Email ( for an appointment
Gries, T.; Redlin, M.; Espinosa Ugarte, J. (2018) Human-induced climate change: the impact of land-use change; Theoretical and Applied Climatology (forthcoming)
Gries, T., Jungblut, S., Krieger, T. & Meyer, H. 2017. Economic Retirement Age and Lifelong Learning - a theoretical model with heterogeneous labor and biased technical change, German Economic Review, forthcoming.
Gries, T.; Redlin, M. (2017), Pirates - The young and the jobless: The effect of youth bulges and youth labor market integration on maritime piracy, Defence and Peace Economics (forthcoming).
Gries, T.; Grundmann, R.; Palnau, I.; Redlin, M. (2017), Technology Diffusion, International Integration and Participation in Developing Economies - A Review of Major Concepts and Findings, International Economics and Economic Policy (forthcoming).
Gries, T.; Grundmann, R.; Palnau, I.; Redlin, M. (2017), Innovation, Growth and Participation in Advanced Economies - A Review of Major Concepts and Findings, International Economics and Economic Policy, 14(2): 293-351.
Gries, T., Jungblut, S. & Naudé, W. (2016). The Entrepreneurship Beveridge Curve, International Journal of Economic Theory, 12 (2): 151–165.
Gries, T., & Haake, C-J. (2016) Towards an Economic Theory of Destabilization War, Peace Economics and Peace Science, 22 (4): 377–384.
Gries, T.; Kraft, M. & Simon M. (2016). Explaining inter-provincial migration in China, Papers in Regional Science, 4 (95): 709-731.
Dimant, E.; Krieger, T., Redlin, M. (2015). A Crook is a Crook … But is He Still a Crook Abroad? On the Effect of Immigration on Destination-Country Corruption, German Economic Review, Vol. 16, No. 4, pp. 464–489.
Guo, Z.; Feng, Y. & Gries T., (2015).Changes of China’s agri-food exports to Germany caused by its accession to WTO and the 2008 financial crisis, China Agricultural Economic Review, 7(2): 262 – 279.

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