Globalization

Globalization’s Uneven Impact on Women’s Occupational Attainment

The literature on globalization’s impact on women’s workforce participation generally takes a positive outlook but still produces mixed results. In their research,...

The Corporate Power Narrative: How Corporations Benefit from Economic Globalization

In an excerpt from their new book, Six Faces of Globalization: Who Wins, Who Loses, and Why It Matters, Anthea Roberts and...

Debt Monetization and Lessons from War Financing to Deal With Pandemics: A Webinar With Harold James

Princeton professors Markus Brunnermeier and historian Harold James discuss how much new debt governments will pile up in reaction to the Covid-19 economic fallout....

Global Supply Chain Disruptions: A Webinar With Penny Goldberg, Former Chief Economist of the World Bank

Princeton professor Markus Brunnermeier and Yale professor Penny Goldberg, former chief economist of the World Bank, discuss the impact of Covid-19 on international trade and...

A New Capitalisn’t Episode, Featuring Paul Krugman: A Reading List

On this episode, Kate and Luigi talk with Nobel Prize-winning economist Paul Krugman about his new book Arguing with Zombies: Economics, Politics, and the...

Why Coronavirus Triggered the First Global Supply-Chain Crisis

The only reason why there is no shortage of goods in American markets is that the epidemic outbreak was close to the Chinese New...

Why There Is No “Crisis of Capitalism”

Western dissatisfaction with globalization is wrongly diagnosed as dissatisfaction with capitalism, when in fact it is the product of the uneven distribution of the...

With the US and China, Two Types of Capitalism Are Competing With Each Other

Capitalism’s global victory has been achieved through two different types of capitalist systems: the liberal meritocratic capitalism that has developed incrementally in the West,...

How Offshoring by Multinational Corporations Contributed to the Decline of US Manufacturing

The offshoring activities of multinational firms explain about one-third of the aggregate decline in US manufacturing employment, according to a new study. Between 1990 and...

The Real “China Shock”: Political Fallout from Slowing Exports in China

As China’s export growth has slowed down over the past five years, workers have responded by taking to the streets with increasing frequency. The...

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LATEST NEWS

Monetary Policy

How Many Banks Are at Risk of Insolvency Right Now?

Amit Seru, Erica Xuewei Jiang, Gregor Matvos, Tomasz Piskorski

Given the recent banking turmoil and failure of SVB and Signature and issues in First Republic, it is important to understand the...

Misinformation

The Challenges of Regulating Disinformation

Federico Vaccari

In response to rising concerns about political disinformation, governments have introduced a slew of interventions. Federico Vaccari warns in new research that...

Development

India’s Evolving Industrial Policy Is Critical for Realizing Its Development Vision

Nagesh Kumar

Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s...

Big Tech

Can Twitter Be a Force for Good? Social Media Helps Curb Corporate Misconduct

Jonas Heese, Joseph Pacelli

Collective shaming on social media is crucial in reducing corporate misbehavior — and society would be significantly worse off without watchdog platforms.

Populism

The Historical Cost of Populism

Moritz Schularick, Christoph Trebesch, Manuel Funke

Most work on populism has investigated the reasons why voters choose populist leaders and governments. In new research, Moritz Schularick, Christoph Trebesch,...