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The world is witnessing growing turbulence stemming from geopolitics and a tangible threat of economic disintegration …
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Executive summary -- 1. China in the realm of the world economy / David Daokui Li -- 2. Interpretation of China …
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The paper provides an explanation of the mechanisms underlying trade roots of the contagion effects emanating from the recent turmoils. It is argued that under demand uncertainty risk averse behavior of firms provides a basis for international trade. The paper shows by means of a simple...
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challenges the mainstream narrative for the world trade collapse. Detailed chapters on international finance, fragmentation of … the recent world trade collapse …
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