Money & Macro on MSNOpinion
What happens when globalization goes into reverse
The global economy is moving away from open trade and toward division. Countries are raising tariffs, subsidizing local ...
The US intervention in Venezuela is yet another reminder that the “high trust” era of peak globalization is long gone.
In a rural Chinese market, an American surprises locals by speaking fluent Mandarin. Vendors immediately react with shock and ...
We propose a theory of the relationship between globalization and pandemics. We start by documenting the importance of international trade for the diffusion of infections in several pandemics ...
This paper builds and analyzes a new global macro-historical database of effective tax rates on capital and labor in 154 countries. We establish a new stylized fact: while effective capital tax rates ...
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