What economic lessons can Switzerland learn from the pandemic?

To understand America’s aggressive shift on trade, you must first grasp the silent, slow building, decades-long erosion of American middle-class prosperity. This shift began well before President Trump and will outlive him. It is rooted in the col...

After more than a decade of war and isolation, Syria is edging back into the global economy. The signs are familiar: commercial flights have resumed, sanctions are being eased and its debts are being cleared. Gulf investors are circling. Infrastru...

The Great Trade Hack by Richard Baldwin explains how Trump’s 2025 tariff blitz wasn’t economic strategy. It was grievance politics. Tariffs, Baldwin shows, are political placebos that won’t fix the U.S. economy but could fracture the global trade ...

On 12 May 2025, China and the United States released a joint statement that ended the recent escalation in tariffs. For 90 days each agreed to lower their tariffs by 115%. This only applies to import taxes imposed since 2 April 2025—all prior tari...

This paper presents a compact and intuitive framework that consolidates, simplifies, and extends results on the links between technology, trade, and labour market outcomes. It makes three main contributions. First, it presents closed-form solution...

Until the late 19th century, states raised most of their government revenues from import tariffs. This column asks whether the practice could work today. A side effect of taxes is that they discourage the economic activity that they are assessed o...

Tariff escalation between China and the US will result in decoupling of goods trade, raising fears that Chinese exports destined to the US market in 2024 will be redirected or deflected to third markets. Fearful of intensified competition from Chi...

With the prospect of far-reaching decoupling of goods trade between China and the United States, fears of deflection of Chinese exports to third markets have returned. This briefing examines the factual record on the frequency of and foreign gover...