COVID-19 and GVCs
Laura Lebastard, Marco Matani and Roberta Serafini examine the impact of COVID-19 supply disruptions on exporters in global value chains
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Global Economy
The slow American protectionist turn
Pascal Lamy argues that the protectionist shift in US policy is not recent, and can be traced back about 15 years
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World trade can still drive prosperity
New protectionist policies threaten the global economy. Kristalina Georgieva and Ngozi Okonjo-Iweala argue that thriving international trade goes hand in hand with global prosperity and stability
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Climate risks and global value chains
Extreme weather events will become more frequent as global temperatures rise. Rikard Forslid and Mark Sanctuary analyse the impact of the 2011 Thailand flood on Swedish firms
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The problem with preferential trade agreements
Preferential agreements can be an alternative to a sclerotic WTO, but, if multilateral rules fail, they also risk conflict between trading blocs. Uri Dadush and Enzo Dominguez Prost discuss
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Trade fragmentation matters for bank credit supply
Claudia Buch, Linda Goldberg and Björn Imbierowicz discuss new evidence from the International Banking Research Network on how trade uncertainty can be amplified through the supply of credit
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The EU’s strategic dependencies unveiled
Román Arjona, William Connell Garcia and Cristina Herghelegiu examine the EU’s dependencies in traded goods and find that the EU benefits greatly from its wide participation in international value chains
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The cooperation imperative
The world’s international economic institutions have helped reduce conflict and support growth. Tim Sargent, Paul Samson and Hector Torres discuss why we need to fix our international economic organizations
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Development debates in a historical perspective
Globalization is changing. José Antonio Ocampo argues that the United Nations should be at the centre of a revitalized multilateralism
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Is it now time for industry 4.0?
The much anticipated fourth industrial revolution hasn’t happened yet. Richard Markoff and Ralf Seifert discuss the many factors that have slowed the progress of industry 4.0
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