OUR WORLD 2019

Understanding Algeria as an American in Luxembourg

About nine years ago, I was a university student in Seattle, Washington attending my first college class. The history professor prefaced his syllabus speech...

Disruption, Concentration, and the New Economy

The growing dominance of leading technology firms has occasioned an intense debate about the tradeoffs between efficiency and market power, while raising questions about...

The Right Way to Rebalance Trade

The US-China trade dispute reshaped the world’s economic and financial landscape in 2018, and it might continue to do so for years to come....

Trump’s Trade Game

US President Donald Trump’s “America first” trade policy came into full bloom in 2018, and it was an ugly sight to behold. In addition...

How Inequality Undermines Economic Performance

About a decade ago, the Commission on Growth and Development (which I chaired) published a report that attempted to distill 20 years of research...

The Future of Free Trade

In 2018, trade, more than any other policy area, was “disrupted.” What used to be an archaic, technical, and – let’s face it –...

What Next for Global Trade?

The year 2018 marked the return of the import tariff. As of October, the United States had imposed levies on roughly 12,000 products, accounting...

Gazing into the Energy Crystal Ball for 2019

A possible global economic slowdown in 2019 that will curb fuel demand could be one of the reasons that oil prices could stay lower for...

Russian Gas Supplies in Europe Grow as Gazprom Seeks to Expand its Market Presence

In spite of growth in the supply of liquefied natural gas (LNG) to the global market, Russian gas continued to be the most competitive...

EU Dives Into Another Year Full of Resolute Climate Action

As we ring in the New Year, we usually get to reflect and prepare for what lies ahead. I believe that 2019 will be...