Global supply chains have come under unprecedented stress as a result of US-China trade
tensions, the Covid-19 pandemic, and geopolitical shocks. We document shifts in the pattern …

The growth in economic sanctions has been matched by a surge in scholarly research. This
article reviews the current state of scholarship on economic sanctions to see where the …

Global linkages are changing amidst elevated geopolitical tensions and a surge in policies
directed at increasing supply chain resilience and national security. Using granular bilateral …

One of the challenges financial institutions is how to adapt to a changing business
environment, increasingly demanding and differentiated customer preferences, digitalization …

This paper introduces the New Industrial Policy Observatory (NIPO) data set and documents
emergent patterns of policy intervention during 2023 associated with the return of industrial …

Relations between the US and China have deteriorated to their lowest point since their
rapprochement in the 1970s. To make sense of contemporary geopolitics, our objective in …

Data on global trade as well as capital and labor flows indicate a slowdown, but not reversal,
of globalization since the 2008–2009 financial crisis. Yet profound changes in the policy …

Firms and policy makers are increasingly looking at friend-shoring to make supply chains
less vulnerable to geopolitical tensions. We test whether these considerations are sha** …

What are the economic consequences of geopolitical fragmentation on trade? We answer
this question by using a canonical general equilibrium trade model to quantify the trade and …

The current energy crisis has raised important policy questions on how to strengthen short-
term energy security while remaining firmly committed to the green transition, a challenge …