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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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January 22, 2024
Trade
The Curse of Nostalgia: Industrial Policy in the United States
A critical look at the past and present of industrial policy shows that its recent popularity is not only misguided, but is likely to have negative economic and geopolitical consequences for the Unit…
July 17, 2017
China
Have the Economic Constraints on China’s Geostrategic Ambitions Diminished?
The Council on Foreign Relations’ Greenberg Center for Geoeconomic Studies has just put out a new discussion paper by Willian Norris on an important topic: how China’s economic position shapes its fo…
August 3, 2006
China
Trade politics could get nasty fast
The US economy looks to be slowing. Job creation (and wage growth; also see Leonhardt in the New York Times) wasn’t that impressive even when the economy was growing strongly. Like many, I was st…
September 15, 2005
Europe
Why is consumer demand so weak in Germany?
David Wessel writes in today's Wall Street Journal: "Germany, alas, is showing few signs of a Japanese style rebound. It is, essentially, relying on lower wages to make exports more competitive beca…
April 30, 2007
United States
Dani Rodrik, Steve Waldman, China’s impact on US export prices and the risk of “financial” Dutch disease …
Dani Rodrik didn’t take long to stir up the blogosphere (see Steve Waldman, among others). Rodrik makes an interesting point: Trade doesn’t cut inflation. Sure, it lowers prices for impor…