We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...

There is no doubt: we want to help. The well-documented horrors of extreme poverty around the world have created a moral imperative that people have responded to in their millions. Yet the poverty persists. At a time of unprecedented global prosperity, children are starving to death. Are we not...