Our annual rundown on the dollar’s current and future role in global trade.

COVID and digitech point to a new phase of globalization, one led by services.

The Regional Comprehensive Economic Partnership and its impact on the EU and the U.S.

During the COVID-19 crisis the Fed expanded and enhanced the U.S. swap lines. What was the impact of this policy on covered interest parity deviations?

Core dollar exchange rates have been quite stable during the pandemic. But for how long?

New research with some counter-intuitive results on how trade impacts pandemics. Would renationalization of specific value chains increase resilience?

The crisis has reaffirmed the dollar’s role as the ultimate safe haven but at the same time it has also widen the faultlines.

The hazards of the recent U.S.- China deal that might have gone unnoticed.

After the financial crisis opposition to capital controls wavered. Two very recent papers examine whether limits on capital mobility achieve their financial and macroeconomic goals.

The U.S. has been chipping away at the WTO for the last two years. How does today’s situation compare to the U.S.-Japan trade war of the 1970s?