Discussing how geopolitical relationships affect trade, with a focus on supply chains, trade finance and crossborder payments
The long era of the Great Divergence has come to an end. Ewout Frankema argues that we need to focus on the economic divergence across the Global South
From the Great Divergence to South-South divergence Read More »
There is a lot of optimism about AI and increased productivity. Daron Acemoğlu and Simon Johnson warn that to support shared prosperity, AI must complement workers, not replace them
The drive toward automation is perilous Read More »
Industrial policy is at the heart of modern economic policy. Réka Juhász, Nathaniel Lane and Dani Rodrik assess the latest research and consider how to do industrial policy well
The new economics of industrial policy Read More »
Banri Ito and Eiichi Tomiura use a survey of Japanese firms in 2019 and 2021 to examine the dynamics of corporate activities related to crossborder data flows
Globalisation and crossborder data transfers Read More »
Andrew Bailey describes the benefits of openness and the risks posed by fragmentation for the world economy and financial stability
The benefits of openness beats fragmentation Read More »
Renee Bowen, Lawrence Broz and Peter Rosendorff explore the major transitions in US trade policy since the Civil War, and demonstrate that shocks like the Civil War and the Great Depression pave the way for trade policy transitions
A theory of US trade policy transitions Read More »
Present-day sanctions have their origins in economic warfare in the two World Wars. Mark Harrison reviews that experience and the lessons we can learn
Economic warfare: lessons from two World Wars Read More »
Ahead of next June’s European Parliament elections Marco Buti et al set out key elements that could form the basis for a new political contract capable of enhancing the global role of the EU
The European Union at the time of the New Cold War: A Manifesto Read More »
Geographical barriers continue to tumble. Elise Donovan says IFCs will be crucial to uphold the pillars of international trade, investment, and business
The role of IFCs in the changing world Read More »
The European Commission put EU competitiveness at the top of the agenda. Filippo di Mauro and Marco Matani argue that productivity, financial soundness, and quality orientation are the most important factors
Talking about competitiveness in Europe: productivity not protection Read More »
