Washington’s New Trade Consensus And What It Gets Wrong
If the era of hyperglobalization started in 1995, with the creation of the World Trade Organization (WTO), its death throes began in early 2018, when U.S.
Research
Climate action: Implications for factor market reallocation
This paper considers climate policies, not from the perspective of their environmental impacts, but rather their likely effects on labor and investments.
Homeward Bound: How Migrants Seek Out Familiar Climates
This paper introduces the concept of “climate matching” as a driver of migration and establishes several new results.
Using Satellite Imagery to Detect the Impacts of New Highways: An Application to India
This paper integrates daytime and nighttime satellite imagery into a spatial general-equilibrium model to evaluate the returns to investments in new motorways.
New rules for a challenged trading system: the role of safeguards
This chapter draws attention to the potential of safeguards in a system with a variable geometry. Section 1 considers the benefits from safeguards, but also the need to discipline their use.
Designing a public transit network: Evidence from Jakarta, Indonesia
Examining the expansion of Jakarta’s bus system shows how simple improvements in public transport service quality can boost usage
Infrastructure Inequality: Who Pays the Cost of Road Roughness?
Which Americans experience the worst infrastructure? What are the costs of living with that infrastructure?
Behind the Curve: Can Manufacturing Still Provide Inclusive Growth?
Manufacturing jobs, once the backbone of the modern US economy, have declined over recent decades, darkening opportunities for middle-class advancement.
Sustainability Transitions in Consumption-Production Systems
The need for faster and deeper transitions toward more sustainable development pathways is now widely recognized.
System transitions research and sustainable development: Challenges, progress, and prospects
The central challenge of our age is how to make development sustainable—to assure that it advances people’s well-being in the here and now without unfairly constraining the ability of people elsewhere
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