If allowed to escalate, the trade dispute between China and the United States will significantly increase the likelihood of a global protectionist surge and a collapse in the rules-based international trading system. Here the author assesses the specific impacts on the Chinese and US economies, as well as the strategic problems this dispute poses for Europe. […]
Considering a world absent a multilateral trading system is not to promote such an outcome, but to encourage all to prepare for the worst and instil greater clarity in the mind of policymakers as to what happens if compromise fails. […]
The trade war between China and the United States roils stock markets, and the World Trade Organization is at risk of extinction because major players ignore its rules. […]
Immigrants are often entrepreneurs, and entrepreneurs have a large impact on the economy. This is because in most economies, the private sector accounts for 90% of all jobs, and every firm, large and small, originates from the work of an entrepreneur. Entrepreneurs are special people. […]
Youth unemployment is a major obstacle to the Middle East and North Africa (MENA) region’s human and economic development. In this blog post, Uri Dadush and Maria Demertzis go into the factors behind the its surge. […]
The danger emerges from an unholy trinity of insufficiencies in the trade book to address persistent trade distorting practices in major players, primarily with respect to a revival of mercantilist ideas, populist governments championing economic nationalism and uncompetitive advantages of State Owned Enterprises (SOEs). […]
Ten years after the G20 proved its effectiveness in dealing with the global financial crisis, it needs to step up its efforts to overcome a political crisis, fuelled by destructive unilateralism, that threatens international governance on trade, investment and tax. […]
Africa has an enormous infrastructure gap that impedes its development. The Compact with Africa (CwA) is an international policy initiative sponsored under the German presidency of the G-20 in 2017 designed to bridge that gap […]
Fortunately, trade wars do not kill people, but the consequences for the living standards of the world’s citizens could turn out to be disastrous. […]
Embed from Getty Images Author: Uri Dadush Originally published by the OCP Policy Center The best way I can describe my feelings about trade these days is as an unstable anxiety disorder. Following on November […]
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