Countering structural disruptions
Trade and technology development policies almost always have distributional consequences. There may be a few exceptions for which the implementation of a policy produces either gains or no loss for...
America’s widening productivity gap
The United States has a productivity problem, though one would never know it from looking only at the industries producing goods and services that are traded internationally. Because these goods and...
The supply-side fight against inflation
Central banks’ efforts to contain high and rising inflation are fueling growth headwinds and threatening to tip the global economy into recession. But the proximate cause of today’s inflationary...
The global economy in transition
Recent conversations about the global economy and markets have been defined by a set of recurring questions.While there are many moving parts that are difficult to capture in a single clear picture,...
Is strategic cooperation with China possible?
Looking at the economic landscape one cannot help but notice the emergence of new obstacles to a robust recovery. The United States, Europe, China, and others face a growing list of remarkably similar...