decoupling between the world's two largest economies. Results based on gravity model regressions with high-dimensional fixed … other hand, we find no evidence of an increased regionalisation of world trade since the shock of the COVID-19 pandemic or … the war in Ukraine. Therefore, our results suggest that near-shoring strategies did not have a large impact on world trade …

The US economy is often referred to as the "banker to the world," due to its unique role in supplying global reserve … globalization raises wealth inequality in a financially-developed economy initially due to foreign capital pressing up domestic …