Industrialization has been essential to reducing poverty historically. But today’s global and technological context implies that economic growth in developing countries is now possible only by raising ...

When tariffs are moderate and used to complement a domestic investment agenda, they need not do much harm; they can even be useful. When they are indiscriminate and are not supported by purposeful ...

Whereas free trade was once the central cause of progressive reformers seeking to combat entrenched interests on behalf of ordinary people, now it is the bête noire of both right-wing nationalists and ...

As an international economic-policy goal, hyper-globalization floundered largely because of its advocates’ ambition to overregulate measures with any kind of cross-border effects. A far better ...

With hyper-globalization in decline, the world has an opportunity to right the wrongs of neoliberalism and build an international order based on a vision of shared prosperity. But to do so, we must ...

Not every departure from economic liberalism is as ill-advised as its advocates would have us believe. East Asia's experience suggests that if America's latest foray into economic nationalism remains ...

Manufacturing industries are no longer the labor-absorbing sectors they used to be, and that is a big problem for developed and developing economies alike. Achieving sustainable, inclusive growth will ...

When the basic institutions of a democracy come under attack, those leading major universities and firms have an outsize duty to act in their defense. If America's academic and business leaders remain ...

Only a few developing countries, typically in East Asia, have been able to emulate the pattern of industrialization set by today's advanced economies. The general pattern in the developing world has ...

The EU is celebrating the 60th anniversary of its founding treaty, the Treaty of Rome, which established the European Economic Community. There is indeed much to celebrate, and yet the Union is mired ...

Dozens of leading economists and practitioners convened in Berlin at the end of May for a summit organized by the Forum for a New Economy. Remarkably, the summit led to something resembling a new ...

The Trans-Pacific Partnership – a mega trade deal covering 12 countries that together account for more than one-third of global GDP and a quarter of world exports – is the latest battleground in the ...