EU securitisation needs a more market-based approach
The EU is updating its regulations on securitisation, but it still has a long way to go if it wants to emulate the strengths of
Changing tariff treatment and the exports of developing countries
Recent changes in the tariff policies of the US and China are likely to affect developing countries in complex ways. This column argues that pre-existing
Hidden exposures in domestic supply chains: The spread of foreign trade risks
Understanding how foreign shocks affect economies has become a policy priority. Using domestic firm-to-firm transaction data matched with customs records, this column shows that Italy’s
Economic impact of US tariff hikes: Significance of trade diversion effects
The 2025 US tariff increases varied significantly across most economies. This column argues that the economic impact of these tariffs will also not be uniform.
Roaring tariffs: The global impact of the 2025 US trade war
Sweeping US tariff increases in 2025 are upending global trade. This column draws on new data and simulations to show that, even with partial suspensions,
Identifying potential Chinese export redirection in 2024 US trade data
Tariff escalation between China and the US will result in decoupling of goods trade, raising fears that Chinese exports destined to the US market in
