Following the 2020 United States presidential election, economists have high hopes for the president-elect, Mr. Joseph Biden, and for the next US administration. The hopes are especially for the potential changes in the global trade architecture.There are quite a few outstanding issues in the...

The COVID-19 pandemic disrupted the world economy in 2020. As of December 23, 2020 the World Health Organization (WHO) reports more than 76 million confirmed cases of COVID-19 and over 1.7 million deaths worldwide. At the intersection of the COVID-19 pandemic and the global economy, numerous...

Globalization has been a dominant trend in the world economy over the past few decades. However, in recent years, globalization may be facing headwinds. While globalization has brought about many benefits, such as economic growth, poverty reduction, and increased access to goods and services, it...