During the early months of the COVID-19 pandemic, the world ran out of everything. Shortages in global supply chains—from ventilators and masks to construction materials and car computer ...

International trade around the world has sagged despite moderate economic growth. Reshoring and de-globalization, two related concepts with slightly different emphases, seem be responsible. The global ...

The year 2024 witnessed a number of meaningful anniversaries for the United States and its allies: the 80th anniversary of D-Day, when Allied forces landed on the beaches of Normandy, heralding the ...

Comparative advantage remains the cornerstone of international trade theory, originating from the observation that economies benefit by specialising in goods for which they hold the lowest relative ...

Bailey, Michael, Abhinav Gupta, Sebastian Hillenbrand, Theresa Kuchler, Robert J. Richmond, and Johannes Stroebel. "International Trade and Social Connectedness." Journal of International Economics ...