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Global Business and Finance Magazine > Blog > employment
Employment Economy Featured News World

Industrial policy and retaliatory protection under the WTO: Lessons from China

Industrial policy is increasingly implemented worldwide, with many policymakers and researchers highlighting its benefits. However, the cost of industrial policy remains less understood. Using Chinese firm-level data, this column shows that higher industrial subsidies raise the likelihood and severity of foreign anti-dumping and countervailing duties at each investigation stage. These retaliatory tariffs wipe out roughly […]

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Environment Employment Featured News World

The environmental impacts of export booms in Brazil

Export booms can boost formal job growth and lead to greener employment. In Brazil, between 2000 and 2020, municipalities more exposed to exports showed higher employment growth. A 1% increase in exports led to a 0.4% increase in formal jobs three years later. While environmentally risky jobs tend to rise more rapidly in the short run, […]

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Finance Banking Featured News World

Dollar forges higher as Trump releases new tariff barrage

Yen sinks, Bank of Japan signals no hurry to resume rate hikes. The dollar headed for its strongest weekly performance in almost three years against other major currencies, maintaining momentum on Friday after U.S. President Donald Trump imposed new tariff rates on dozens of trade partners. Some of the currencies of the countries that were […]

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Business News World

The labour market disparities of second-generation immigrants

The successful integration of second-generation immigrants into education and employment is essential for Europe’s long-term social and economic cohesion. This column uses the results of the latest edition of the European Labour Force Survey to assess the demographic profile, educational attainment, and employment outcomes of second-generation immigrants, finding that they tend to be younger and […]

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Economy Business Featured News World

Africa’s path to claiming the 21st century runs through its cities

In their recent blog Can Africa Claim the 21st Century?, Andrew Dabalen and Chorching Goh rightly highlight Africa’s moment of opportunity: a convergence of global attention, demographic momentum, and natural resource wealth. But whether this century can truly be Africa’s depends on whether its cities are able to generate enough good jobs to employ its growing population. […]

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Technology Climate Environment Featured

Will electric vehicles create jobs in South Asia?

As the global shift toward electric mobility gains momentum, countries are making bold bets on electric vehicles (EVs) to meet their climate goals, reduce fuel import dependence, and spur industrial growth. In South Asia too, the EV transition is being positioned as a catalyst for industrial transformation and job creation. The employment reality, however, is more complex. […]

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trade Employment Featured News World

Trade and Development Chart: Exports to developing economies drive rich-country employment growth

As global trade expands, so does the number of workers in high-income countries whose jobs are tied to exports. More of that growth is generated by exports to low-and middle-income countries than to other high-income countries. Employment generated by exports of goods and services to low and middle-income countries, either directly or indirectly, more than doubled […]

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Banking Economy Featured News World

Interlocking directorates and competition in banking

The presence of directors on the boards of competing firms (‘interlocking directorates’) raises concerns about collusion. This column studies the Italian corporate loan market and exploits a reform that prohibited directors of Italian banks from sitting on multiple boards simultaneously. Comparing treated and control loans before and after the policy, it shows that the ban […]

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Economy Business Featured Finance World

Understanding the impact of private equity on employees

The growth of the private equity in recent years has raised concerns about its consequences. This column matches 2.5 million workers who were employed by 3,600 firms in the US that underwent leveraged buyouts with workers at firms that were not acquired to explore the effects of private equity on labour market outcomes. The authors […]

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