How has aggregate income and welfare in the United States been affected by globalization and rapid productivity growth in emerging economies? We use the class of constant elasticity trade models to ...
Rising levels of inequality are the defining political and economic issue of our times. Middle- and working-class Americans, ...
Russia’s invasion of Ukraine could upend fiscal and monetary policy in advanced economies Russia’s invasion of Ukraine is an unmitigated catastrophe for global peace and particularly for peace in ...
To understand how Americans are faring economically these days, it's helpful to consider the eleventh letter of the alphabet. Experts describe the current U.S. economy as "K-shaped," a reference to ...
This blog file is now closed. For the latest developments, please click here. GYEONGJU, South Korea/TOKYO -- South Korea is hosting this year's Asia-Pacific Economic Cooperation forum in the ...
Amid the headwinds facing economic globalization, certain countries have attempted to restructure global industrial chains through trade protectionism, which poses serious challenges to the ...
President Xi Jinping has emphasized that China will not change its resolve to expand high-level opening-up, its determination to share development opportunities with the rest of the world, and its ...
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China’s economy is at a transformational moment. For more than two decades, a growth model centered on the debt-fueled construction of housing and infrastructure propelled the country’s rapid ...
The Budget Crunch Is Coming. States Must Adjust Their Spending Accordingly Sorkin Rounds Up the Usual Suspects A Warning from Chicago Washington Is Fighting the Wrong Battle on Health-Care Costs Mark ...
I’ve recently read two books that help clarify the competing sides in today’s growing intellectual debate over free trade, globalization, and neoliberalism. On one side is Trade Wars Are Class Wars ...
BANGKOK (AP) — Chinese leader Xi Jinping told Malaysia’s leader Wednesday that China will be a collaborative partner and stand with its Southeast Asian neighbors in the wake of global economic shocks.