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Characters Face Severe Test in Michelle Richmond’s New Novel

Drug-resistant malaria 'is just an airplane flight or two away from non-endemic places like Canada and the United States.'

Environmental, political, economic, and health disruptions in recent years have helped fuel concerns that too much interdependence through global value chains may be a problem. This column compares the relative effects of a domestic demand shock to those of a global value chain-related shock and concludes that engagement in global value chains allows unexpected shocks to

Digital platforms have become a major force in markets around the world. They are connecting big and small businesses with a growing universe of users. But some features of these platforms and their growing market share have raised concerns about anticompetitive practices.

There is no doubt that the production of goods and services has become increasingly globalized since the 1970s, but this trend is one that is hard to measure. Ideally, the best way would be to use firm-level trade and census data across countries, but such data are very rare.