Growing up an only child in China at the end of the 20th century, Associate Professor of Public Policy at Harvard Kennedy School and CID…
Once upon a time in the world of development finance, it was assumed that simply investing in developing economies was enough—that the flow…
Shipping has long been the invisible hand of world trade, propelling globalization and the growth of emerging economies. Ships move 90…
We build on Baqaee and Farhi (2019, 2021) and derive a theoretically-grounded criterion that allows targeting bans on exports to a…
This paper shows that China has launched a new global system for cross-border rescue lending to countries in debt distress. It builds the…
Compared with China's pre-eminent status in world trade, its role in global finance is poorly understood. This paper studies the size,…
Against a backdrop of vast income disparities across countries, this article develops a theory of how misperceptions of individuals’…