Historically, dominant measures of international exchange were trade in goods, or tangible products, and capital, such as investments. Recently, services have become a larger portion of developed economies and international trade. Trade in services will only increase in the future, given the...

<DIV><DIV><P>            Quantitative measures of international exchange have historically focused on trade in tangible products or capital. However, services have recently become a larger portion of developed economies and international trade, and will only increase in the future. In...</i></p></div></div>

<DIV>More than half a decade has passed since the bursting of the housing bubble and the collapse of Lehman Brothers. In retrospect, what is surprising is that these events and their consequences came as such a surprise. What was it that prevented most of the world from recognizing the impending...</div>

In less than three decades, China has grown from having a negligible role in world trade to being one of the world’s largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both the recipient and sources of investments. Not surprisingly,...

<DIV>Once unquestionably the world's leading economic and industrial power, the United States now views with growing dismay the impressive industrial efficiency, vigorous work ethics, and large American holdings of various other nations. Is the United States truly lagging in its ability to compete...</div>

<DIV><P><DIV>In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not...</div></p></div>

<DIV>Along with its painful economic costs, the financial crisis of 2008 raised concerns over the future of international policy making. As in recessions past, new policy initiatives emerged, approaches that placed greater importance on protecting national interests than promoting international...</div>

<DIV>Every time you buy a can of tuna or a new television, its bar code is scanned to record its price and other information. These "scanner data" offer a number of attractive features for economists and statisticians, because they are collected continuously, are available quickly, and record prices...</div>