Article & News

Author: GECMagz

Industrial organization
Two decades of Chinese industrial subsidies

China’s industrial policy has become a central flashpoint in global trade debates, yet systematic evidence on what China actually does remains scarce. This column reveals

Finance
Drivers of international primary income balances

Financial globalisation has been a central feature of the world economy since the mid 1990s, leading to large holdings of cross-border assets and liabilities (Milesi-Ferretti

Development
Accommodating emerging giants in the global economy

History provides examples of large changes in the relative economic size of nations. Often these economic realignments coincide with heightened geopolitical tension. A historical example

International Trade
Big cities and globalization

Globalisation has been one of the key economic forces of the past half-century. It is credited with lifting millions of people worldwide out of poverty.

Banking
The paradox of perfect supervision

Each financial crisis brings more financial supervision, more models and larger buffers – but still fragility persists. The paradox of perfect supervision is that the