The China shock hits Germany
Trade with China displaced large parts of the American workforce in the 2000s, but Germany did not experience a similar shock at the time. This
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
The market implications of industrial subsidies
Governments are increasingly employing industrial subsidies, raising questions about their market implications. This column undertakes a thorough econometric testing of the causal impacts of subsidies
How accurately can we estimate the hidden costs of what we eat?
The world is seriously off track to meet global nutrition targets. In fact, in some countries, statistics are moving in the wrong direction. Stunting remains
Can Africa Claim the 21st Century?
In 2000, the World Bank published, “Can Africa Claim the 21st Century?” This landmark report proposed four crucial areas of progress, and the priorities that were
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
Japan to raise foreign direct investment target to $1trln by mid-2030s, sources say
The new targets, to be formally included in the government’s upcoming fiscal and economic policy guidelines in June, represent a sharp escalation from the previous
Fiscal stagnation
Public debt-to-GDP ratios have climbed to historic highs in most advanced economies. This column studies the connection between productivity growth, fiscal policy, and public debt.
India-China rapprochement: what are the long-term prospects?
Despite signs of cautious improvement, India-China relations remain deeply strained by border tensions and mutual distrust. China-India relations, which have long been fraught, were further
Geopolitical risks and the effectiveness of the EU cohesion policy
Geopolitical issues are flooding current political and economic debate, but evidence is limited on their interplay with structural policies. Combining information on geopolitical risks and
