NEW HAVEN: Despite dire predictions, major indicators for the US economy still seem robust. Although the recent government shutdown has delayed the release of third-quarter data, growth in the second quarter of 2025, at an annualized rate of 3.8%,...
NEW HAVEN: With protectionism and industrial policy returning to advanced economies, and with geopolitical tensions on the rise, this is an inauspicious moment for trade-led growth strategies. Since future growth will increasingly depend on sound...
NEW HAVEN: Three months after President Donald Trump announced plans to impose sweeping new tariffs on most countries, the US economy appears surprisingly resilient. The stock market has rebounded from its initial slump, inflation remains under...
NEW HAVEN: The chaotic rollout of US import tariffs by President Donald Trump’s administration – targeting both allies and adversaries – defies easy explanation. As I argued in a previous commentary, the United States is now...
ATHENS: Growing up in Greece, one of my most joyous childhood memories was the announcement that the school (and work) week would shrink from six days to five. Since I also recall my compatriots being equally excited about the change, I was...
NEW HAVEN : “It’s the economy, stupid.” This famous slogan from Bill Clinton’s 1992 presidential campaign was once thought to capture the key issue on American voters’ minds in any election year. So, will that mantra...
NEW HAVEN: For around a week in late June, Western media were obsessed with the fate of the Titan, a small submersible carrying a few billionaires and others to the sunken Titanic and later found to have imploded within hours of beginning its...
NEW HAVEN: Now that the falsehoods and obfuscation of climate denialism have finally been silenced, addressing climate change has become the world’s top priority. But time is running out, and the International Monetary Fund warns that any...
NEW HAVEN: Few institutions have shown as much versatility and adaptability as the World Bank. Initially founded to address global capital-market imperfections after World War II, the institution’s primary mission evolved over time to focus...
NEW HAVEN: Just days before the White House released the United States’ new National Security Strategy in October, President Joe Biden’s administration announced sweeping export restrictions aimed at stopping China from advancing...
NEW HAVEN: As inflation in the United States reaches new heights, economists are debating how high the Federal Reserve will need to hike interest rates to curb demand and rein in price growth. Some commentators believe that the Fed will need to be...
NEW HAVEN: One of the strongest arguments for free trade is that it promotes peace between participating countries. There is an undeniable correlation between the two, even if it is not always clear whether peace is a precondition for the free...
Who is winning the trade war? By Pinelopi Koujianou Goldberg NEW HAVEN: The United States-China trade war started in 2018 and has never officially ended. So, which side has been “winning” it? Recent research offers an...
NEW HAVEN : In a July 2020 article for Brookings Papers on Economic Activity, Tristan Reed and I showed that, contrary to expectations, COVID-19 deaths per capita were much lower in poorer countries than in richer ones. Readers immediately...
NEW HAVEN – The surge of COVID-19 cases and deaths in India shows that the pandemic is far from over. While most developing countries in Asia and Africa managed to keep their death tolls low over the past year, it is only a matter of time...
NEW HAVEN – Education has emerged as one of the most consequential casualties of the pandemic. According to estimates from UNESCO, around 1.6 billion students across more than 190 countries were forced out of school at the peak of the crisis...
