The contribution of capital flows to sustainable growth in emerging markets
Lesetja Kganyago argues that capital flows should be welcomed, and we should control risks and nurture institutions that can deliver productive investment choices
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Global Economy
Impact of CBAMs on the Indian metals sector
Developing countries believe CBAM is a trade-restrictive policy. Nikhil Joshi and Geethanjali Nataraj consider CBAMs and the impact on Indian manufacturers
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The impact of artificial intelligence on growth and employment
Ethan Ilzetzki and Suryaansh Jain discuss the results of the May 2023 CfM-CEPR survey, where panellists were asked to predict the impact of AI on the global economy
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Non-economic objectives, globalisation, and multilateral trade cooperation
Trade and investment policy is increasingly becoming politicised. Bernard Hoekman, Petros Mavroidis and Douglas Nelson present pragmatic suggestions to sustain multilateral trade cooperation
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Can Chinese growth defy gravity?
Alicia García-Herrero discusses China’s growth potential, identifying the main challenges and the factors that could mitigate China’s structural deceleration
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How deep trade agreements shape non-trade outcomes
Trade agreements increasingly include disciplines aimed at achieving non-trade objectives. Ana Margarida Fernandes, Nadia Rocha and Michele Ruta investigate how non-trade disciplines in PTAs affect non-trade outcomes
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Lessons from the Germany shock: consequences of uncoordinated policies
Harald Fadinger, Philipp Herkenhoff and Jan Schymik evaluate the German labour market reforms of the early-2000s and the consequences of uncoordinated economic policies in a currency union
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The role of IFCs in the changing world
Geographical barriers continue to tumble. Elise Donovan says IFCs will be crucial to uphold the pillars of international trade, investment, and business
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Deglobalisation: risk or reality?
Globalisation is said to be on the retreat. Martina Di Sano, Vanessa Gunnella, and Laura Lebastard examine the data to see if we are heading to deglobalisation
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The Russian war economy: macroeconomic performance
The Russian economy has performed better than many expected since the war in Ukraine started. Marek Dabrowski argues that the financial burden will be felt for some time
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