
Supply chain shortages, large firms’ market power, and inflation
The Covid-19 pandemic and ongoing geopolitical tensions have revealed the fragility of global supply chains. This column studies the

The Covid-19 pandemic and ongoing geopolitical tensions have revealed the fragility of global supply chains. This column studies the

Trade in services has been relatively neglected in trade policy debates. This column argues that this is partly due

The rise in the use of non-tariff measures, especially in the form of antidumping duties and countervailing duties, has

Firms can react to geopolitical and supply chain shocks by altering their input sourcing and sales destination choices. This

Economic sanctions on trade and financial activities are increasingly being used around the world. This column develops a model

Victor D. Norman, who passed away in September 2024, was a leading figure in international economics. This column outlines

Increasing geopolitical fragmentation can create dilemmas for neutral countries. This column studies how firms in neutral countries adjusted their

The sharp decline in correspondent banking over the past decade has raised concerns that the associated disruptions in cross-border

Wage insurance that compensates those directly negatively affected by trade can cost-effectively help workers who most need assistance and

The impact of a US-China technological decoupling on trade, foreign direct investment, and welfare is quantified using a simple

The Covid-19 pandemic and ongoing geopolitical tensions have revealed the fragility of global supply chains. This column studies the

Trade in services has been relatively neglected in trade policy debates. This column argues that this is partly due

The rise in the use of non-tariff measures, especially in the form of antidumping duties and countervailing duties, has

Firms can react to geopolitical and supply chain shocks by altering their input sourcing and sales destination choices. This

Economic sanctions on trade and financial activities are increasingly being used around the world. This column develops a model

Victor D. Norman, who passed away in September 2024, was a leading figure in international economics. This column outlines

Increasing geopolitical fragmentation can create dilemmas for neutral countries. This column studies how firms in neutral countries adjusted their

The sharp decline in correspondent banking over the past decade has raised concerns that the associated disruptions in cross-border

Wage insurance that compensates those directly negatively affected by trade can cost-effectively help workers who most need assistance and

The impact of a US-China technological decoupling on trade, foreign direct investment, and welfare is quantified using a simple




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