Modelling shows localising manufacturing too quickly could reduce global trade by 18%
Johan Norberg on what drove history’s influential civilisations; Ben Chu on the rise of zero-sum economic thinking; plus Germany’s decline and a must-read for monetary aficionados
Seismic forces have been unleashed that will transform the global economy
Is US protectionism helping or hindering closer co-operation between other countries?
Innovation has stalled in a globalised era dominated by state-sponsored national champions
Tech, trade, finance and military policies are mingling in a manner not seen during the neoliberal era
The WTO may be weakened, but a pragmatic resistance to protectionism among other nations could save world trade
America is not the powerhouse it once was
In the US president’s vision of post-liberal global disorder the weak should always surrender to the strong, writes the historian, philosopher and author
Not since the crash of 2008 has free trade held the moral and intellectual high ground
Trump’s tariffs were erratic and flawed but imbalances in the world economy are real
Economic incentives outweigh politics in the long run
Beijing casts itself as force of stability for international business as Trump’s next tariff salvo looms
World business and commerce are changing in ways that have nothing to do with the US president’s tariff threats
Maverick economist turned presidential adviser Peter Navarro has helped bring back a world in which power takes precedence over economic exchange. Will he prove his critics wrong?
What happens next does not depend on the US alone, we are seeing a shift to a multipolar world
There are more efficient ways to mitigate climate change, redistribute income and protect national security
A fragmented approach to rulemaking in banking around the world has the potential to be destructive
That’s the lesson to take from both the founding of the Bretton Woods system 80 years ago and the Biden administration today
Industrial rivalry and tensions with China frame a confused debate about the pressures of globalisation
It’s not the lessons of 1944 that we need to learn from — but those of 1919
The ‘in-betweeners’ have profited from diverse trade relations — but may increasingly have to choose sides
The principal failure of these countries lies not in accumulating too little capital, but in using it poorly
Rivalry between Washington and Beijing has put global trade under intense pressure. But the system is proving more resilient than many expected
In the second part of a series on economic nationalism, we look at where Chinese companies are setting up shop to get around tariffs and barriers
