The consensus economic policy framework that evolved in the post-Bretton Woods era and the model of globalization to which it gave rise are in crisis due to political blowback. The framework has guided the system into a solution space that features stagnant growth and persistent deflationary...

The emerging data-driven economy (DDE) promises to intensify the distributional issues that have contributed to disruptive political change in recent years. This raises the question of whether there a solution space in this economy that allows markets to clear and societies to maintain...

The knowledge-based and data-driven economy represents a new stage in the evolution of the economy, with transformative impacts on how goods and services are developed, produced, traded across borders, distributed, and consumed. Data is the essential capital of this new economic age as it...

The Trans-Pacific Partnership (TPP) promises to have a modest impact on Canada, according to ground breaking research from the C.D. Howe Institute. In “Better in than Out? Canada and the Trans-Pacific Partnership,” authors Dan Ciuriak, Ali Dadkhah, and Jingliang Xiao, find that some sectors...

Canada is developing a progressive trade agenda (PTA) that is pitched as a response to the rise of anti-globalization populism. This note reviews the concept of the PTA, its motivation, the specific elements that comprise it, the likely efficacy of these measures in addressing the factors...

The early years of the global recovery from the bout of emerging market crises of the late 1990s and the bursting of the internet/technology bubble in 2000-2001 were marked by abnormal macroeconomic conditions. Ken Rogoff, then Chief Economist of the IMF, introduced the IMF's Fall 2003 World...

This study seeks to identify and estimate the relative importance of supply - versus demand - side constraints on Ethiopia's exports. Ethiopia has tried radically different trade strategies in the past, including a strategy of import replacement/protection for infant industries during the...

In the context of stalled multilateral trade negotiations, major trading economies are seeking free trade agreements (FTAs) to secure their market access objectives. Nowhere is this dynamic stronger than in East Asia, where a web of bilateral and plurilateral agreements is stitching together...

As low cost oil reserves are depleted over the coming decades and replaced by higher-cost sources and other forms of energy that are less easily used for transportation, the cost of shipping goods internationally will increase, perhaps very substantially. This will have a pervasive impact on the...