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Themes

  • Key Themes
  • Artificial Intelligence
  • Central Banking
  • Climate Change
  • Competition Policy
  • Development & Growth
  • Economic History
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State of Globalisation - cover image
Book

The State of Globalisation

  • Richard Baldwin
  • Michele Ruta

27 Jun 2025
  • Global economy
  • International trade
  • Introduction: Globalisation in flux
  • A new Cold War? How trade and investment linkages are changing
  • The trade cost of geopolitical risks
  • Geoeconomic fragmentation in services? Evidence from a new database
  • Enduring dependence: De minimis, transshipment, and US-China trade
  • Fragmentation and the future of global value chains
  • Industrial policies: Handle with care
  • Asia became the world’s factory – can it now be the world’s service hub?
  • Policies to facilitate adjustment to globalisation
  • Trade cooperation under geopolitical rivalry
  • Globalisation, fragmentation, and the international monetary system
Rapid Response 5: The Great Trade Hack - cover image
Report

Rapid Response Economics

The Great Trade Hack: How Trump's trade war fails and the world moves on

  • Richard Baldwin

19 May 2025
  • Prologue: No disaster yet
  • The Great Trade Hack
  • The Grievance Doctrine
  • Chaos: By design or dysfunction?
  • Why tariffs won't help the middle class but still win in Washington
  • Why is Trump's trade policy so chaotic?
  • Tariffs can't fix trade deficits
  • The US-China conflict is not a trade war
  • Will the Hack pull the world apart?
  • Did the Hack break the world trade order?
  • Strategies for the post-American-leadership era
  • Why leaders must step up
  • Annex 1: Historical examples of tariffs and industrialisation
  • Annex 2: Two telling examples of exchange rates offsetting shocks that would otherwise be thought to improve the trade deficit
Discussion paper

DP18555 Hidden Exposure: Measuring US Supply Chain Reliance

  • Richard Baldwin
  • Rebecca Freeman
  • Angelos Theodorakopoulos

27 Oct 2023
  • International Trade and Regional Economics
  • F1
  • F23
  • Q54
Discussion paper

DP18406 Are software automation and teleworkers substitutes? Preliminary evidence from Japan

  • Richard Baldwin
  • Toshihiro Okubo

30 Aug 2023
  • International Trade and Regional Economics
  • F0
Discussion paper

DP17530 Globotics and macroeconomics: Globalisation and automation of the service sector

  • Richard Baldwin

4 Aug 2022
  • International Trade and Regional Economics
  • E31
  • E41
  • E62
Discussion paper

DP16672 Risks and global supply chains: What we know and what we need to know

  • Richard Baldwin
  • Rebecca Freeman

28 Oct 2021
  • International Trade and Regional Economics
  • F10
  • F12
  • F13
  • F14
  • F15
Discussion paper

DP16641 Telemigration and development: On the offshorability of teleworkable jobs

  • Richard Baldwin
  • Jonathan Dingel

17 Oct 2021
  • International Trade and Regional Economics
  • J1
Discussion paper

DP15739 Jobs and technology in general equilibrium: A three elasticities approach

  • Richard Baldwin
  • Jan I. Haaland
  • Anthony Venables

29 Jan 2021
  • International Trade and Regional Economics
  • Labour Economics
  • F11
  • F16
  • J30
  • O33
Revitalising Multilateralism: Pragmatic Ideas for the New WTO Director-General
Book

Vox eBooks

Revitalising Multilateralism: Pragmatic Ideas for the New WTO Director-General

  • Simon Evenett
  • Richard Baldwin

11 Oct 2020
  • Revitalising multilateral trade cooperation: Why? Why Now? And How?
  • Against the clock: Eight steps to improve WTO crisis management
  • COVID-19 trade policy measures, G20 declarations and WTO reform
  • How the WTO kept talking: Lessons from the COVID-19 crisis
  • Role of trade ministers at the WTO during crises: Activating global cooperation to overcome COVID-19
  • COVID-19 and beyond: What the WTO can do
  • A crisis-era moratorium on tariff increases
  • Cumulative COVID-19 restrictions and the global maritime network
  • Reviving air transportation and global commerce
  • Lessons from the pandemic for trade facilitation and the WTO
  • Lessons from the pandemic for trade cooperation on cross-border supply chains
  • Three steps to facilitate global distribution of a COVID-19 vaccine
  • Lessons from the pandemic for FDI screening practices
  • Feminising WTO 2.0
  • A pandemic trade deal: Trade and policy cooperation on medical goods
  • Lessons from the pandemic for future WTO subsidy rules
  • State ownership stakes before and during the COVID-19 corporate support measures: Implications for future international cooperat
  • COVID-19 as a catalyst for another bout of export mercantilism
  • Lessons from the pandemic for trade cooperation in digital services
  • The temporary movement of natural persons (Mode 4): The need for a long view
  • Lessons from the pandemic for WTO work on agricultural trade and support
  • Technical regulations in the WTO: The need to improve transparency
COVID-19 and Trade Policy: Why Turning Inward Won’t Work
Book

Vox eBooks

COVID-19 and Trade Policy: Why Turning Inward Won’t Work

  • Richard Baldwin
  • Simon Evenett

29 Apr 2020
  • Introduction: COVID-19 and Trade Policy: Why Turning Inward Won’t Work
  • How trade can fight the pandemic and contribute to global health
  • COVID-19: Demand spikes, export restrictions, and quality concerns imperil poor country access to medical supplies
  • Flawed prescription: Export curbs on medical goods wonít tackle shortages
  • COVID-19: Expanding access to essential supplies in a value chain world
  • COVID-19: Export controls and international cooperation
  • Trade policy and food security
  • Export restrictions in times of pandemic: Options and limits under international trade agreements
  • Global supply chains will not be the same in the post-COVID-19 world
  • Resilience versus robustness in global value chains: Some policy implications
  • Will the post-COVID world be less open to foreign direct investment?
  • An unintended crisis in sea transportation due to COVID-19 restrictions
  • Exposing governments swimming naked in the COVID-19 crisis with trade policy transparency (and why WTO reform matters more than
  • What's next for protectionism? Watch out for state largesse, especially export incentives
Mitigating the COVID Economic Crisis: Act Fast and Do Whatever It Takes
Book

Vox eBooks

Mitigating the COVID Economic Crisis: Act Fast and Do Whatever It Takes

  • Richard Baldwin
  • Beatrice Weder di Mauro

18 Mar 2020
  • Introduction: Mitigating the COVID Economic Crisis: Act Fast and Do Whatever It Takes
  • So far, so good: And now don't be afraid of moral hazard
  • Flattening the pandemic and recession curves
  • Limiting the economic fallout of the coronavirus with large targeted policies
  • Italy, the ECB, and the need to avoid another euro crisis
  • The EU must support the member at the centre of the COVID-19 crisis
  • Helicopter money: The time is now
  • What the stock market tells us about the consequences of COVID-19
  • Ten keys to beating back COVID-19 and the associated economic pandemic
  • Saving China from the coronavirus and economic meltdown: Experiences and lessons
  • China's changing economic priorities and the impact of COVID-19
  • Singapore's policy response to COVID-19
  • The experience of South Korea with COVID-19
  • COVID-19: Europe needs a catastrophe relief plan
  • The COVID-19 bazooka for jobs in Europe
  • The monetary policy package: An analytical framework
  • Bold policies needed to counter the coronavirus recession
  • Europe ís ground zero
  • Economic implications of the COVID-19 crisis for Germany and economic policy measures
  • Finance in the times of COVID-19: What next?
  • How COVID-19 could be like the Global Financial Crisis (or worse)
  • Protecting people now, helping the economy rebound later
  • Policy in the time of coronavirus
  • Containing the economic nationalist virus through global coordination
  • The case for permanent stimulus
Economics in the Time of COVID-19
Book

Vox eBooks

Economics in the Time of COVID-19

  • Richard Baldwin
  • Beatrice Weder di Mauro

6 Mar 2020
  • COVID-19
  • Introduction: Economics in the Time of COVID-19
  • Macroeconomics of the flu
  • Tackling the fallout from COVID-19
  • The economic impact of COVID-19
  • Novel coronavirus hurts the Middle East and North Africa through many channels
  • Thinking ahead about the trade impact of COVID-19
  • Finance in the times of coronavirus
  • Contagion: Bank runs and COVID-19
  • Real and financial lenses to assess the economic consequences of COVID-19
  • As coronavirus spreads, can the EU afford to close its borders?
  • Trade and travel in the time of epidemics
  • On plague in a time of Ebola
  • Coronavirus monetary policy
  • The economic effects of a pandemic
  • The good thing about coronavirus
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