Transmission of foreign shocks to import prices in firm-to-firm networks
A key question in the context of a trade war is whether the burden of tariffs falls on foreign exporters or domestic importers. This column
US opens national security probes into imported drones, polysilicon
The U.S. Commerce Department said on Monday it has opened national security investigations into the import of drones and related components as well as polysilicon,
A smart European strategy for electric vehicle investment from China
Chinese EV investment aids EU decarbonisation but brings risks, needing a united EU strategy to align it with climate, industrial and security aims. The European
How firms navigate parental leave: Evidence from Austria
Faced with declining fertility rates and persistent gender gaps, governments have expanded policies to support working families. But sudden increases in allowable parental leave can
How developing countries can measure exposure to the EU’s carbon border adjustment mechanism
In January 2026, the European Union will require importers of certain carbon-intensive goods to pay for their products’ embodied carbon emissions. The policy, known as the
The rise and retreat of US inflation: An update
During the pandemic, annual CPI inflation in the US rose sharply to a peak of 9% in June 2022. This column argues that the rise
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
Anatomy of the Phillips curve
The Phillips curve describes the relationship between inflation and real economic activity over the business cycle. This column challenges the notion that the Phillips curve
Oil steadies on supply risks, OPEC+ output increase
Oil prices held steady on Wednesday after the U.S. barred Chevron from exporting crude from Venezuela, but an expected decision from OPEC+ later this week to
Tariffs and retaliation: A macroeconomic analysis
Implementation of the “Liberation Day” tariffs on the US’ trading partners would have far-reaching consequences for international trade patterns and the US and global economies.
