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.

However, for the author, economics is about more than analysis, it is about making wiser decisions “to rebuild the world and make it better – including eliminating poverty and ignorance”.

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.

Economic theory suggests that countries’ tariff commitments in trade agreements reflect their import market power at the time of negotiations. However, as countries grow, their market power in ...

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.

WTO Projections on Global Trade Contraction. The World Trade Organisation (WTO), the primary international body overseeing global trade rules, has issued stark warnings about the impact of Trump’s ...

President Donald Trump’s global trade war will hurt economies around the world this year, including the US, according to a new report by the World Trade Organization. CNN values your feedback 1.

According to this measure, Mr Subramanian predicted, China would become the world’s most dominant economy by 2020. In the ten years since that forecast, China has faced a trade war with America ...

Such a world will be not only unruly, but also potentially more dangerous. While trade wars do not necessarily spiral into shooting wars, historians note that some conflicts, like the War of 1812 ...

The blanket tariffs, once considered extreme, still threaten to harm world trade and make everything more expensive for businesses and consumers. By Patricia Cohen Patricia Cohen reports on global ...

Investing.com -- Citadel’s Ken Griffin has voiced his concerns about the state of the United States’ image and the ongoing trade war at the Semafor World Economy Summit. Griffin stated that ...

While the White House is waging a trade war on behalf of US manufacturing, the largest and most important part of the US economy, one that has a trade surplus, not a gap, is under threat.