Blogs&Reviews | Page 7 | VOX, CEPR Policy Portal

The five surprising things about the new USMCA trade agreement
Chad Bown, 16 October 2018

Trade deals typically aim to boost commerce among countries. In this post, Chad Bown offers four novel, trade-restricting elements that make the new US-Mexico-Canada Agreement (USMCA) different.
Making economic miracles
Diane Coyle, 15 October 2018

In this post, Diane Coyle reviews Michael Best's latest book, How Growth Really Happens, which argues that policies to foster growth should aim at ensuring businesses can access or develop three capabilities - skills, a production system and a business model - rather than taxes and subsidies.
How the left stopped being a party of the working class
Simon Wren-Lewis, 11 October 2018

Educated voters in France, the UK, and the US tended to vote right after WWII, but are now more likely to vote left. In this post, Simon Wren-Lewis discusses possible factors behind this shift and implications.
Two presidents, one economy
Christopher Knittel, 10 October 2018

Recently, both Presidents Trump and Obama have publicly taken credit for the strong US economy. In this post, Christopher Knittel turns to data to evaluate their claims.

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Could the US become a democratic dictatorship?

Simon Wren-Lewis, 16 July 2018

Hungary's Prime Minister Viktor Orbán has pledged to create an illiberal state like Russia or China. In this post, Simon Wren-Lewis asks whether Donald Trump could emulate Orbán and turn the US into a 'democratic dictatorship'.
Moving the Overton window: Let the debate continue

Roger Farmer, 12 July 2018

The NIESR Rebuilding Macroeconomics project is stirring a great deal of welcome controversy. In this post, Roger Farmer, part of the project’s management team, explains how by funding projects from people or groups that mainstream funding agencies are unlikely to fund, it aims to inject new genes into the pool, shake things up a little by bringing in fresh approaches, and hopefully seed the development of ideas that might otherwise take much longer to emerge
Brexit endgame: Stage 1

Simon Wren-Lewis, 10 July 2018

A characteristic of many endgames in chess where the result is clear is that pieces leave the board quickly to make the eventual win obvious. In this post, Simon Wren-Lewis argues that what we have seen with the recent resignations of some members of the UK Cabinet is but the first stage in that process.
Global Britain and national Britain

Diane Coyle, 10 July 2018

In his new book, The Rise and Fall of the British Nation: A Twentieth Century History, David Edgerton argues that the key phenomenon of the post-WWII decades was not welfarism or corporatism but the creation of a distinctive British nation – until Mrs Thatcher started to turn the country back into an internationalist capitalist one. In this post, Diane Coyle finds that while the book makes for a refereshing read, not every bit of its myth-busting is wholly persuasive.
Sudden stops: A primer on balance-of-payments crises

Stephen Cecchetti, Kim Schoenholtz, 09 July 2018

In this post, Stephen Cecchetti and Kermit Schoenholtz explain balance-of-payments crises – the sudden stops or capital flow reversals that compel countries to restore their external balance between exports and imports or, in the case of capital flight, shift to export surpluses. They also examine the Asian crisis of 1997-98 and the crisis in the euro area periphery from 2010 to 2012.

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