Global action to enhance crossborder payments
Victoria Cleland discusses the difference to people and economies worldwide that enhancing crossborder payments would make
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GLOBAL TRADE
Discussing how geopolitical relationships affect trade, with a focus on supply chains, trade finance and crossborder payments
The trade effects of EU adequacy decisions
Digital trade is increasing rapidly. Martina Ferracane, Bernard Hoekman, Erik van der Marel and Filippo Santi consider how the EUs approach to data protection impacts digital trade
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Tax for climate finance should start with shipping
Pascal Saint-Amans argues that emissions from international shipping are the most realistic target for taxes to pay for climate spending in developing countries
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Can Chinese growth continue to defy gravity?
Alicia García-Herrero discusses China’s growth potential, identifying the main challenges and the factors that could mitigate China’s structural deceleration
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How deep trade agreements shape non-trade outcomes
Trade agreements increasingly include disciplines aimed at achieving non-trade objectives. Ana Margarida Fernandes, Nadia Rocha and Michele Ruta investigate how non-trade disciplines in PTAs affect non-trade outcomes
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The impact of artificial intelligence on growth and employment
Ethan Ilzetzki and Suryaansh Jain discuss the results of the May 2023 CfM-CEPR survey, where panellists were asked to predict the impact of AI on the global economy
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World trade can still drive prosperity and stability
New protectionist policies threaten the global economy. Kristalina Georgieva and Ngozi Okonjo-Iweala argue that thriving international trade goes hand in hand with global prosperity and stability
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How will higher carbon prices affect growth and inflation?
Carbon pricing is a central instrument in the EU’s fight against climate change. Claus Brand, Günter Coenen, John Hutchinson and Arthur Saint Guilhem use macroeconomic models examine what higher prices for carbon emissions will do to growth and inflation
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The EU’s strategic dependencies unveiled
Román Arjona, William Connell Garcia and Cristina Herghelegiu examine the EU’s dependencies in traded goods and find that the EU benefits greatly from its wide participation in international value chains
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Trade fragmentation matters for bank credit supply
Claudia Buch, Linda Goldberg and Björn Imbierowicz discuss new evidence from the International Banking Research Network on how trade uncertainty can be amplified through the supply of credit
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