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Elevated Economic Uncertainty: Causes And Consequences, Federal Reserve Vice Chair Philip N. Jefferson - At "Global Risk, Uncertainty, And Volatility," A Research Conference Sponsored By The Federal Reserve Board Of Governors, Swiss National Bank And The Bank For International Settlements, Zurich, Switzerland (Virtual)

Elevated Economic Uncertainty: Causes And Consequences, Federal Reserve Vice Chair Philip N. Jefferson - At "Global Risk, Uncertainty, And Volatility," A Research Conference Sponsored By The Federal Reserve Board Of Governors, Swiss National Bank And The Bank For International Settlements, Zurich, Switzerland (Virtual)
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United statesJackson holeNew south walesCity ofUnited kingdomVoronezhskaya oblastUniversity of virginiaEdouard schaalFrank knightDeepad dattaFriedrich hayekJuanm londonoJohn rogersBeth anne wilsonAlan greenspanLaura veldkamp

Changing views on trade's impact on inequality in wealthy countries

The consensus view until the 2010s was that trade had little impact on inequality in high-income countries. This column reviews the recent evidence that challenges this view. Manufacturing employment contracted sharply in countries like the US and the UK which faced rapid net import growth from China. The resulting, persistent adverse effects on employment and incomes of

New yorkUnited statesUnited kingdomPaul krugmanGregory mankiwSociety for economic dynamicsNew york timesHarvard universityJournal of the european economic associationPew attitudesFirm responses to trade shocksNobel laureate paul krugmanEastern europeChina syndromeLocal labor market effectsImport competition

Management and Misallocation in Mexico

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

United statesNatalia volkowGerardo durandAraceli martinez gamaGabriel romeroLouise guillouetDiego restucciaVan reenenSociety for economic dynamicsNational bankInternational bankDevelopment world bankCensus bureauMinistry of financeWorld bankNational institute of statistics

Economic Diversification in Africa: How and Why It Matters

Carnegie Endowment for International Peace Source: Getty Summary: Many African countries have placed economic diversification high on the policy agenda, yet they first need to define what it means in their specific structural and socioeconomic contexts. Related Media and Tools If you enjoyed reading this, subscribe for more! Thank you! Summary For decades, economic diversification has been a policy priority for low- and middle-income economies. In the words of former managing director of the International Monetary Fund (IMF), Christine Lagarde, “We know that economic diversification is good for growth. Diversification is also tremendously important for resilience.” Unfortunately, this goal continues to elude many African countries. In fact, the continent is home to eight of the world’s fifteen least economically diversified countries. This reality weakens the foundation of their economic transfomation and slows their pace of progress. It also makes these countries part

United statesSri lankaNoord hollandNational bureau of economic researchSouth africaCarnegie endowment for international peaceDistrict of columbiaInternational instituteSaudi arabiaEquatorial guineaWorld bankRalf ruhwedelMichael ferrantinoFrancisco garfiasCelestin mongaYoung eun kim

Economic Diversification in Africa: How and Why It Matters

Carnegie Endowment for International Peace Source: Getty Summary: Many African countries have placed economic diversification high on the policy agenda, yet they first need to define what it means in their specific structural and socioeconomic contexts. Related Media and Tools If you enjoyed reading this, subscribe for more! Thank you! Summary For decades, economic diversification has been a policy priority for low- and middle-income economies. In the words of former managing director of the International Monetary Fund (IMF), Christine Lagarde, “We know that economic diversification is good for growth. Diversification is also tremendously important for resilience.” Unfortunately, this goal continues to elude many African countries. In fact, the continent is home to eight of the world’s fifteen least economically diversified countries. This reality weakens the foundation of their economic transfomation and slows their pace of progress. It also makes these countries part

United statesUnited kingdomSri lankaNoord hollandNational bureau of economic researchNew yorkSouth africaCarnegie endowment for international peaceDistrict of columbiaColumbia universityInternational instituteCity ofEquatorial guineaSaudi arabiaWorld bankRepublic of south africa