Alan Deardorff, 16 April 2010

Does the “global imbalance” between the importers, such as the US, and exporters, such as China, actually make people worse off? This column argues that both countries may be using policies that, in effect, subsidise the export of the goods in which they have comparative inter-temporal disadvantage. If this is the case, the resulting trade reduces global welfare

Vox Talks

Events

CEPR Policy Research