The global economy could grow less this year than previously projected, the World Bank said Tuesday, citing uncertainty over tariffs and ongoing trade disputes.

Trade tensions and fractious geopolitics risk exposing deep fault lines in the global financial system, the central bank ...

And it leads to this theory that essentially became part of the self-image of what it means to be an economist: Trade lifts all boats, trade is win-win. So that's the model.

WASHINGTON — President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday.. Citing “a ...

Trump’s tariffs have sent the world into a frenzy but there could be method yet. Economic theory shows that tariffs can in some cases reduce prices, writes Paul Ormerod The reactions to ...

The theory has been as influential as it has been controversial, leading to sweeping reforms in civil-law countries around the world. Image: The Economist The common-law tradition emerged in England.

As the world economy faces unprecedented shifts, the dynamics of global trade, exchange rates and capital flows are evolving in ways that challenge established economic theory and policy frameworks.

New research from the Center for Strategic and International Studies, a Washington think tank, has found that the strait is a conduit for more than a fifth of the world’s seaborne trade, with $2 ...

May 9 (Reuters) - To hear Donald Trump and some of his advisers tell it, trade tariffs will accomplish many things: stimulate the U.S. economy, bring home manufacturing jobs, raise tax revenues ...

Still, it did provide a framework with its existing rules, and trade liberalization advanced in the years that followed, thanks to China’s incorporation into the global economic system.

Getty Images. en English. 3; Quarterly The Climate Crucible. Economic Theory for the Real World. Sep 9, 2024 James K. Galbraith. Although policies based on mainstream neoclassical economics, famously ...