How should jobs policies in developing countries respond to the emerging pattern of structural change?“Kuznets’ paradigm” for jobs and structural change no longer holds. Kuznets expected ...
Innovation is the engine that drives contemporary economies. Living standards are determined by productivity growth, which in turn depends on the introduction and dissemination of new tec...
Inequality looms larger on policymakers’ agenda today than it has in a long time. With the political and social backlash against the established economic order fueling the rise of populis...
Cambridge - At the beginning of classes every autumn, I tease my students with the following question: Is it better to be poor in a rich country or rich in a poor country? The question ty...
2019年，美国总统唐纳德·特朗普履行了他的竞选诺言，即对价值数十亿美元的进口商品征收关税。中国是其主要目标：到今年五月，他宣布对中国3250亿商品征收25%关税。批评者指出支持此类贸易战需付出代价。他们强调互利合作有诸多优点的同时，也承认与中国的贸易会造成劳动力市场混乱。事实上，如奥托尔等经济学家曾合作撰写了《中国冲击》（2013）——一个国家进口额的上涨是如何在当地劳...
In 2019, US President Donald Trump made good on his campaign promises, putting up tariffs on billions of dollars’ worth of imports from the rest of the world. China was the main target: b...
In developed and developing countries alike, a combination of technological and economic forces has created a segment of advanced production, concentrated in metropolitan areas, that now ...
Today’s Sino-American impasse is rooted in “hyper-globalism,” under which countries must open their economies to foreign companies, regardless of the consequences for their growth strateg...
Although economists are well positioned to imagine new institutional arrangements, their habit of thinking at the margin and sticking close to the evidence at hand encourages an aversion ...
Around the world today, the central challenge for achieving inclusive economic prosperity is the creation of sufficient numbers of “good jobs.” Without productive and dependable employmen...
''Stable families, good jobs, strong schools, abundant and safe public spaces, and pride in local cultures and history – these are the essential elements of prosperous societies. Neither ...
Trade and technology present an opportunity when they are able to leverage existing capabilities, and thereby provide a more direct and reliable path to development. When they demand comp...
Economists typically argue against focusing excessively on the losers from freer trade, and they decry the tendency to overlook the beneficiaries on the export side. They should not be pr...
CAMBRIDGE – Beaucoup déplorent aujourd’hui une crise de la démocratie libérale. Présidence Trump, vote du Brexit au Royaume-Uni, et montée en puissance des autres partis populistes en Eur...
Hoy casi todos denuncian que la democracia liberal está en crisis. La elección de Donald Trump, la votación a favor del Brexit en el Reino Unido y el ascenso electoral de otros populistas...
