
How firms respond to import competition: Labour force reduction, product/industry switching, and off-shoring
As global trade has expanded, many studies have documented the level of impact of import competition on employment, but

As global trade has expanded, many studies have documented the level of impact of import competition on employment, but

WTO economists raised the 2025 merchandise trade growth forecast to 2.4%. Global merchandise trade outpaced expectations in the first

With demand from US and China weakening, the EU can boost trade by focusing on other markets and strengthening

There is general agreement that a currency’s safe-haven status can be gauged by its response to changes in financial

COVID-19 hit low-income exporters hard, exposing risks from weak diversification and straining trade, supply systems and financial stability. The

Loss of confidence in the US dollar’s reserve currency status could trigger a collapse of the US Treasury market

Africa is bracing for a consumer and manufacturing boom. It won’t come with the snap of a finger. The

The 2025 US tariff increases varied significantly across most economies. This column argues that the economic impact of these

Despite years of regional integration efforts, African countries trade more with Europe and Asia than with each other. This

When wealth or income suddenly increases (‘easy money’), this may be directed towards unproductive ‘easy spending’. This column explores

As global trade has expanded, many studies have documented the level of impact of import competition on employment, but

WTO economists raised the 2025 merchandise trade growth forecast to 2.4%. Global merchandise trade outpaced expectations in the first

With demand from US and China weakening, the EU can boost trade by focusing on other markets and strengthening

There is general agreement that a currency’s safe-haven status can be gauged by its response to changes in financial

COVID-19 hit low-income exporters hard, exposing risks from weak diversification and straining trade, supply systems and financial stability. The

Loss of confidence in the US dollar’s reserve currency status could trigger a collapse of the US Treasury market

Africa is bracing for a consumer and manufacturing boom. It won’t come with the snap of a finger. The

The 2025 US tariff increases varied significantly across most economies. This column argues that the economic impact of these

Despite years of regional integration efforts, African countries trade more with Europe and Asia than with each other. This

When wealth or income suddenly increases (‘easy money’), this may be directed towards unproductive ‘easy spending’. This column explores




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