Summary: Soumaya Keynes (The Economist) and Chad P. Bown (Peterson Institute for International Economics) cohost a podcast about the economics of international trade and policy. From trade wars to trade deals, this podcast covers trade developments with insights and economic analysis from two of the world's top trade geeks.
Containerized shipping is an odd business in normal times. What happens when you add a pandemic and a trade war?
At the turn of the century, electronic communication suddenly helped firms fragment production, but only some went overseas.
London’s central role in 19th century trade finance meant that its bank failure had effects for decades.
China, the US and Germany each suffer from inequality and trade imbalances. Their linkages, and how policymakers try to fix them.
Dr Ngozi Okonjo-Iweala explains one way to solve the economic problem of how to manufacture and globally distribute a vaccine.
What people want from the next leader of the World Trade Organization.
Economic gains for America’s Black workers stalled in the 1970s. The role of migration, policy and trade.
Malcom McLean spurred containerized shipping in the 1950s. The impact on people, ports, cities and, of course, trade, was massive.
How the people Presidents Trump and Xi tapped to negotiate helped shape the US-China trade relationship over 2017-2020.
Why Nigerian traders pay so much to travel to China, and how COVID-19 has made that more complicated.
Making sense of the ‘Global Tariffs’ that the UK will begin to apply to thousands of imported products after Brexit is complete.
Faulty Chinese medical gear emerges, as both the US and China adjust their product regulations in response to the pandemic.
In good times, cosmetics are a logistical challenge, as dangerous goods go from ideas to store shelves. Now come the hard times.
Understanding the Great Trade Collapse of 2009 may help anticipate the impending decline in exports and imports today.
Amid the Great Recession of 2008-9, global trade collapsed by 15 percent. Decomposing the role of supply chains, trade in autos and other durable goods, inventory adjustments, trade finance, protectionism, the shock to demand, and even the exchange rate movements, may help us understand how the trade collapse of 2020 evolves, as well as the prospects for a V-shaped recovery. Read more… Soumaya Keynes. 2020. If you thought the trade war was bad for global commerce… The Economist, 26 March. George Alessandria, Joseph P. Kaboski, and Virgiliu Midrigan. 2011. US Trade and Inventory Dynamics. American Economic Review. Mary Amiti and David Weinstein. 2011. Exports and financial shocks. Quarterly Journal of Economics. Irena Asmundson, Thomas Dorsey, Armine Khachatryan, Iona Niculcea, and Mika Saito. 2011. Trade finance in the 2008–2009 financial crisis: evidence from IMF and BAFT-IFSA surveys of banks. In Trade Finance During the Great Trade Collapse, Jean-Pierre Chauffour and Mariem Malouche (eds.) Washington, DC: World Bank. Richard Baldwin (ed.) 2009. The Great Trade Collapse: Causes, Consequences, and Prospects. London, UK: CEPR. Richard Baldwin and Simon Evenett (eds.) 2009. The Collapse of Global Trade, Murky Protectionism, and the Crisis: Recommendations for the G20. London, UK: CEPR. Rudolfs Bems, Robert C. Johnson and Kei-Mu Yi. 2013. The Great Trade Collapse. Annual Review of Economics. Chad P. Bown. (ed.) 2011. The Great Recession and Import Protection: The Role of Temporary Trade Barriers. Washington, DC: World Bank Chad P. Bown and Meredith A. Crowley. 2013. Import protection, business cycles, and exchange rates: evidence from the Great Recession. Journal of International Economics. Natalie Chen and Luciana Juvenal. 2018. Quality and the Great Trade Collapse. Journal of Development Economics. Davin Chor and Kalina Manova. 2012. Off the cliff and back? Credit conditions and international trade during the global financial crisis. Journal of International Economics. Jonathan Eaton, Samuel Kortum, Brent Neiman, John Romalis. 2016. Trade and the global recession. American Economic Review. Gita Gopinath, Oleg Itskhoki and Brent Neiman. 2012. Trade Prices and the Global Trade Collapse of 2008–09. IMF Economic Review. Hiau Looi Kee, Cristina Neagu and Alessandro Nicita. 2013. Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008. The Review of Economics and Statistics. Andrei A. Levchenko, Logan T. Lewis, and Linda L. Tesar. 2010. The Collapse of International Trade during the 2008-09 Crisis: In Search of the Smoking Gun. IMF Economic Review.