Trade policy

Resilience of Global Supply Chain: Facts and Implications

Companies diversifying their production away from the People's Republic of China might be a rather rational decision based on an economic rationale.

Rebooting the European Union’s Net Zero Industry Act

China's growing and complex economic relationship with the Gulf States

China's growing economic ties with the Gulf States

How China and the Gulf States are building bilateral economic relations.

Between a rock and a hard place: the EU response to national import bans on Ukrainian grain

The European Commission had to choose between imperfect alternatives because of frontline state backlash against massive Ukrainian grain imports.

A new measure of aggregate trade restrictions: cyclical drivers and macro effects

In this paper, we present a new measure of aggregate trade restrictions.

Why is the G7 expected to issue a joint statement condemning 'economic coercion'?

US-China tech bifurcation

Compared to instant decoupling, bifurcation offers a more gradual process that requires clear understanding of the direction and speed of divergence.

The problem with preferential trade agreements

Preferential agreements can be an alternative to a sclerotic WTO, but, if multilateral rules fail, they also risk conflict between trading blocs

Not Even a Recession: The Great German Gas Debate in Retrospect

The German economy coped with the end of Russian gas and could have equally withstood an April 2022 cut-off