Category: International Economics

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International Economics

On the recent protectionist trend

New research on how the recent protectionist trend has affected the US and Europe.

International Economics

Types of global governance

Dani Rodrik and Kemal Derviş advocate two different types of global governance: one that emphasizes national sovereignty and one that emphasizes the role of international institutions. Quite thought-provoking!

International Economics

US dollar intervention

As the odds for a US dollar intervention rise, economists wonder what the long term impact might be and whether a weak dollar could benefit the US economy.

International Economics

The new currency manipulators

At the end of May 2019 the Treasury published its currency manipulation report.  The report is considered to be a  reductio ad absurdum  and a Niagara of nonsense.

International Economics

On foreign direct investments

FDI flows have declined significantly since 2017. Are we entering a new period of contraction by multinational firms, or are FDI patterns changing as digitalized industries are becoming more important?

International Economics

Patterns in international trade

Can information frictions boost trade? Are global value chains receding? Are trade relationships long lasting?

International Economics

What moves exchange rates?

Three new working papers on convenience yield and exchange rates.

International Economics

Currency and trade wars

The choice between currency undervaluation and tariffs on trade flows at the zero lower bound.

International Economics

Is there cross-country convergence?

Are poor countries catching up with rich ones? Some new evidence.

International Economics

The new NAFTA

Jeffrey Frankel comments on the new treaty. ISDS and EU's future approach to international investment policy.

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