International Macroeconomics

In an increasingly volatile world, the global trading order is threatened by tariffs, populist rhetoric, and national security concerns. This article analyses some common misconceptions about trade while also providing some analysis of what increasing tariffs and friendshoring production could mean for the global economy.

This piece delves into Italy’s economic challenges, the pivotal role of the EU Recovery Fund, and the implications for regional development and Eurozone integration. It discusses how the fund’s allocation impacts Italy’s struggle with regional disparities, economic stagnation, and the potential for future EU fiscal policies. A must-read for understanding the complexities of Italy’s economic…

In recent decades, modern countries, communities, and families have witnessed decreasing connectedness. Despite efforts to revitalize communities, feelings of disconnection and loneliness are steadily increasing, suggesting that perhaps part of the problem lies undiagnosed. This article argues that something fundamental is indeed being overlooked in the discussion regarding community, and urges reforms in the way…

The recent economic, geopolitical, and social crises have driven uncertainty to new highs. In the realm of economics, this is particularly present, as unforeseen events and policy decisions can have profound and often unpredictable effects on financial markets, consumer behaviour, and economic growth. The Economic Policy Uncertainty Index, developed by Bloom, Baker, and Davis, has…

The United States, once the Land of Opportunity, has witnessed a tragic decline of income mobility and a rise of cyclical poverty. This article suggests the close connection between geographic mobility and economic mobility as a key root of poverty traps. With this in mind, short and long term policies are outlined in order to…

A bold plan to cancel the European Central Bank’s $3 trillion in public debt, presented as an alternative way to reduce Eurozone debt ratios after a pandemic spending spree, has been dividing economists. It is a law in finance that when government deficits balloon, so do demands for debt forgiveness. And, indeed, this time is…