A new modelling approach for evaluating the Trump tariffs

There is currently much discussion about President Trump’s tariffs, the US trade deficit, and its causes and impacts, but little in the way of economic
Powering more with less: How energy efficiency drives growth and jobs

Picture two houses—one with old windows, no insulation, and older appliances, and the other featuring simple energy-efficient upgrades and equipment. The difference between these neighboring
How the 2018/19 US tariffs against China boosted exports and employment in Mexico

In 2018 and 2019, the US administration hiked tariffs on imports from China. This column shows that imports from Mexico partly filled the gap, leading
Default to mum: How institutions quietly shape gender roles in parenting

Mothers continue to shoulder the majority of childcare responsibilities even in dual-earner households, contributing to gender gaps in earnings, labour force participation, and career advancement.
Hiroshima: Resilience of city structure after the atomic bombing

Cities have faced a host of shocks throughout history, including earthquakes, hurricanes, coastal flooding, and storm surges, as well as wartime destruction, such as in
Three barriers to municipal finance—and how to overcome them to create jobs and growth

Cities in low- and middle-income countries are growing fast—but their ability to finance the infrastructure and services needed to support people and jobs is lagging behind. The
Charting a smarter ocean future for Thailand

Thailand’s coastal and marine resources are vital engines of growth. From pristine beaches that attract millions of tourists each year to the Eastern Economic Corridor
The 2025 trade war: Dynamic impacts across US states and the global economy

In 2025, the US government announced a series of tariff increases targeting major trading partners, including Canada, China, and Mexico. This column estimates the economic
Employment protection legislation reforms and the rising cost of job loss

A widely cited argument in favour of easing employment protection rules is that greater flexibility in hiring and firing can lead to increased job matching
Sanctions, trade shocks, and firms’ adjustment margins

The sanctions which followed the 2022 Russian invasion of Ukraine generated a large trade shock for firms trading with Russia. This column examines the short-run

