Protectionism

The COVID-19 pandemic has fueled growing calls from political leaders in rich countries for an overhaul of global production and trade. But reshoring and protectionism are unlikely to be a panacea for a depressed and disrupted world economy. In this Big Picture, Harvard’s Dani Rodrik is optimistic, noting that although the…

POOL VISIONPrime Minister Jacinda Ardern and Education Minister Chris Hipkins announce new app as students go back to school.This story was originally published on Newsroom.co.nz and is republished with permission. As Kiwis move from lockdown to a new normal, Jacinda Ardern's attention is now on the long road to recovery.…

… is from pages 42-43 of the May 9th, 2020, draft of the forthcoming monograph from Deirdre McCloskey and Alberto Mingardi, The Illiberal and Anti-Entrepreneurial State of Mariana Mazzucato: Profits have the latent function (as the sociologists put it) of sending out memos concerning whether resources are being used badly…

Michael H/Getty Images We’ve made our coronavirus coverage free for all readers. To get all of HBR’s content delivered to your inbox, sign up for the Daily Alert newsletter. As leaders wrestle to guide their organizations through the Covid-19 pandemic, decisions running the gamut from where to sell to how…

The coronavirus SARS-CoV-2 as seen using a transmission electron microscope.Credit: National Infection Service/SPL Last week, the leaders of Ghana, Pakistan, Senegal and South Africa joined more than 100 former heads of government, senior officials and leading researchers in an open letter urging that scientific research and intellectual property on coronavirus…

The coronavirus SARS-CoV-2 as seen using a transmission electron microscope.Credit: National Infection Service/SPL Last week, the leaders of Ghana, Pakistan, Senegal and South Africa joined more than 100 former heads of government, senior officials and leading researchers in an open letter urging that scientific research and intellectual property on coronavirus…

Who cares who owns Blackacre? No one feels comfortable sending law school grads into a packed conference center to take a bar exam in a little over a month, but offering a common sense plan for staggering administrations gets law school deans swinging wildly at straw arguments, so that’s a…

NEW DELHI: The automobile industry is in bad shape and the issue is of demand. Some government support is needed to lower the prices of products, according to a top official of Toyota Kirloskar Motor. "We don't know what will be the situation next year. The industry has to ensure…

Here’s a letter to a soon-to-be economics graduate student: Mr. Mendoza: Thanks for your e-mail. You’re correct that “economists discovered several explanations showing situations where free trade damages the economy.” But you’re incorrect to conclude that these explanations should therefore guide real-world policy. These explanations are all white-board wonders, irrelevant…

WASHINGTON (Reuters) - The global economy will take much longer to recover fully from the shock caused by the new coronavirus than initially expected, the head of the International Monetary Fund said, and she stressed the danger of protectionism. FILE PHOTO: FILE PHOTO: IMF Managing Director Kristalina Georgieva speaks during…