Free trade agreements have long aimed to remove barriers that limit the movement of goods, services, and capital across borders. But in recent decades, such agreements have expanded to cover issues beyond basic trade. This column examines Free trade agreement provisions that support short-term business travel, using a specialised algorithm to analyse large volumes of […]
Trade wars, industrial policy, and myriad other supply chain disruptions have fast become the ‘new normal’. Yet, given the highly opaque and complex nature of production processes, knowing how to navigate this rise of deglobalisation is a daunting task. This column introduces a tool that harnesses the power of frontier AI tools to recover input–output […]
Geoeconomic fragmentation may have major implications for the global economy. This column uses using a multi-country New Keynesian model to analyse the effects of various fragmentation sources, including tariffs on goods and commodities, as well as taxes on capital flows. Results indicate that the economic impact of fragmentation differs by region. Countries belonging to a […]