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
Shifting gears: how the private sector can be an engine of growth in MENA
The global economy is facing heightened uncertainty, clouding economic forecasts. In our recently launched April 2025 Middle East and North Africa Economic Update , we report that
Tariffs across the supply chain
Tariffs disrupt trade flows and influence prices, but their broader impact depends on how they are structured and the type of goods targeted. This column
A window of opportunity: Trade as catalyst for India’s development
Vikhsit Bharat : This is the ambitious goal India has set itself of becoming a high-income country by 2047. But reaching this goal will require India
Migration and regime change: Outflows follow democratic decline, inflows fuel illiberal drift
Recent years have seen a global shift towards illiberal forms of governance. Migration is often a central force in these dynamics. This column investigates the
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
Moderate growth amid global trade uncertainty: The Commission’s Spring 2025 Forecast
President Trump’s sweeping “reciprocal tariffs” announced on 2 April sent shockwaves through the global economy. This column introduces the European Commission’s Spring Forecast, which depicts
The trade imbalance network and currency fluctuations
In recent years, concerns over global financial fragmentation have grown amid rising geopolitical tensions. This column integrates a network structure in a multi-country model with
Overcoming constraints: How banks helped US firms reroute their supply chains
Rising trade tensions and the pandemic have forced importers to reconfigure their supply chains – a complex and costly process. This column highlights the underappreciated
Nvidia supplier Foxconn cuts outlook due to currency appreciation
Taiwan’s Foxconn, the world’s largest contract electronics maker, downgraded its full-year outlook on Wednesday citing recent appreciation of the Taiwan dollar, even as it struck
