List of Trade and Economics articles
Trade and Economics
At COP28, the World Needs to Prioritize Financial Reform
Three ideas that could boost investment in the planet—and its people.
Will COP28 Jump-Start Latin America’s Green Energy Ambitions?
Without new funding, countries risk wasting their potential.
India Isn’t Interested in the West’s Climate Money
Why the Indian government isn’t signing on to a climate finance deal designed to go global.
Bukele’s Bitcoin Mess and the U.S.-Backed Bank That Enabled It
The United States has supported the so-called dictators’ bank to rival China in Central America—and funded El Salvador’s authoritarian descent in the process.
The Unintended Consequences of Seizing Russian Assets
Using Russian money for Ukraine reconstruction seems attractive but has major implications.
Javier Milei’s Next Challenge: Governing Argentina
The messianic president-elect may struggle to implement many of his most radical ideas.
Why Silicon Valley Loves the Techno-Optimist Manifesto
Written by the entrepreneur Marc Andreessen, the essay is a paean to technology and capitalism.
Milei Inherits an Economically Devastated Argentina
Ordinary lives have been ravaged by massive inflation.
The Dirty Secrets of Capitalism Are Undermining Democracy
The West’s growing culture of tax avoidance is taking a political toll.
Why Can’t the West Stop Supplying Technology for Russian Weapons?
Some countries are starting to crack down on exports, but they need to do more.
How a Copper Mine Prompted Mass Protests in Panama
Extracting the critical minerals needed for the energy transition is proving socially explosive.
Azerbaijan’s Armenian ‘Corridor’ Is a Challenge to the Global Rules-Based Order
Revisionist autocracies are coordinating greater control of the Eurasian continent.
The Easiest Way to Make Russia Sanctions More Effective
Better collaboration between Britain and the EU would deal a blow to Moscow.
The U.S. Budget Deficit Has Rocketed. Does It Matter?
Germany and Britain have lower shortfalls, but their economies aren’t better off.
The War With Hamas Could Threaten Israel’s Imports
If shipping companies decide Israeli ports are too risky, the country could soon find itself running out of food.
Cairo Needs Cash and Gazans Need Shelter. Can a Deal Be Brokered?
The war has put Egypt in the spotlight—but taking in Palestinian refugees is fraught.
The U.S. and Europe Need to Get Their Act Together on China
The West has wasted precious time in developing a common strategy.
Netanyahu Hasn’t Just Lost His Credibility on Security
The prime minister’s image has long depended on keeping Israelis safe and promoting economic growth. Polls show he’s in trouble.
What the Israel-Hamas War Means for the World Economy
Palestinians are already reeling, but a wider conflict could trigger a surge in oil prices.
As China’s Property Sector Crumbles, Who Takes the Fall?
Two detained former executives from developer China Evergrande Group won’t be the only scapegoats.
Why Interest Rate Hikes Don’t Necessarily Tame Inflation
Adam Tooze answers listener questions about inflation.
Can the U.S. and China Cooperate on Green Technology Again?
A recent book makes the case for collaboration in an increasingly competitive industry.
U.S. Sudan Sanctions Won’t Work Without the UAE’s Help
Washington must lean on Abu Dhabi to halt its support for Hemeti’s RSF.
Why Ukraine Is Not a Priority for the Global South
Increasingly, poor countries are saying to the rich that your priorities won’t mean more to us until ours mean much more to you.
China’s Tech Industry Shows It Still Means Business
Recent strides in chipmaking and artificial intelligence show Beijing’s post-export control world taking shape.
Does Japan’s Economy Prove That Neoliberalism Lost?
Economists are rethinking East Asia’s “miracle” as the Washington Consensus falters.
India’s Public Health Depends on Private Exploitation
A celebrated health program relies on the labor of mistreated women.
Greece Is Making a Killing Selling Ships to Russia
The world’s largest ship-owning nation is profiting from the sale of aging vessels, while enabling Moscow’s sanctions evasion.
Why the U.S.-Mexico Relationship Could Get Even Worse
Next year’s near-simultaneous elections and a spiral of escalatory rhetoric spell danger, but there is a way out.
The Economic and Political Evolution of George Soros
His foundation is shifting away from Europe, while his own approach to China has hardened.
The Dangerous Loophole in Western Sanctions on Russia
Putin’s weaponry runs on advanced electronic components obtained from a hidden international market.
China’s Youth Are Increasingly Grim About Their Future
“We are competing with each other in what has become a pure rat race.”
Xi’s Policies Have Shortened the Fuse on China’s Economic Time Bomb
Policy mistakes have mired the country in “Xi-flation.”
Adam Tooze: Why the Common Pencil Isn’t Just a Back-to-School Item
To Milton Friedman, it was a metaphor for free market economics.
Turkey’s Halt on Iraqi Oil Exports Is Shaking Up Global Markets
A diplomatic deadlock over a 50-year-old pipeline agreement is wreaking havoc in the region—and beyond.
Zombie Central Banks Might Eat the Financial Future
New policy tools have made once-profitable institutions into money-losers.
Has the U.S. Campaign Against Uyghur Forced Labor Been Successful?
A recent report on the solar industry’s connections to Xinjiang shows mixed results.
Adam Tooze: Why Russia’s Economy Is Performing Better Than the West Had Hoped
The ruble is down and interest rates are surging, but vast oil revenue is keeping Moscow afloat.
Japan Might Have an Answer to Chinese Rare-Earth Threats
Tokyo successfully built alternative supply chains after tensions rose.
Chinese Sanctions Enforcement Just Got Even Harder
A new campaign is blurring the lines of what’s implicated in forced labor.
The Word That Captures Nigerians’ Feelings About the Future
“Japa” contains both the hope and the pain of wanting to leave one’s country behind for better opportunities.
Beijing Battles Deflation Amid Skyrocketing Debt Crisis
Driving consumer prices up may be hard after zero-COVID ravaged the nation’s economy.
Adam Tooze: Economic Pressure Is Unlikely to Save Israel From Authoritarianism
Investors tend to stay, even after countries become less democratic.
Africa’s Critical Minerals Could Power America’s Green Energy Transition
Biden’s IRA is shutting African countries out of supply chains for critical minerals. Including them would be a strategic and diplomatic win.
The Black Sea Grain Initiative Is Not About Hungry Kids in Africa
The image of starving Africans may score propaganda points for the West, but Russia’s suspension of the deal arguably does more harm to wealthier countries.
The United States’ Quantum Talent Shortage Is a National Security Vulnerability
Here’s how to change that.
China’s Threat to Ban Critical Minerals Exports Is a Bluff
Embargoes have unintended consequences—and would hurt China more than the West.
How Dictators Make Money—and Money Makes Dictators
A new history of Russia’s ruble highlights the reciprocal relationship between autocracy and monetary policy.
The British Experiment in Self-Government Continues
“Follow the Money” traces an economy in crisis.
Sanctions Haven’t Stopped Russians From Having Their Fun in the Sun
Boeing aircraft are still plying tourist routes from Moscow to Turkey, Egypt, and Thailand, and they’re refueling—and possibly getting repairs—en route.
Europe and Latin America Pledge Partnership Over Polarization
At a summit in Brussels, the EU and CELAC committed to deepening business and political ties.
America Is Missing a Big Opportunity on Blockchain
High-profile crypto fraud cases have spooked Washington—and now it’s failing to shape the future of finance.
Can Norwegian Phosphate Help Save the World From China’s Blackmail?
A major discovery could have transformative industrial potential.
Trump Trade War Mastermind Is Back With a Dangerous New Plan
Robert Lighthizer wants total decoupling from China—without thinking through the consequences.
Adam Tooze: It’s Time to End the Trillion-Dollar Taboo
To solve the world’s biggest problems, governments need to take spending to the next level.
Washington Can’t Sell Beijing on Climate Diplomacy
China is by far the world’s biggest polluter. But when it comes to action, its government is in a bind.
‘What’s the Name of the Plane? The People’s Republic of China’
The first high-profile departure from China’s Asian Infrastructure Investment Bank says it is dominated by CCP operatives and Beijing’s foreign-policy objectives.
Adam Tooze: How Apple Became the World’s Largest Company
The tech giant crossed a major threshold this past week with a $3 trillion valuation.
Yellen Emphasizes Economic Cooperation—Not Decoupling—in Beijing
The U.S. treasury secretary began her four-day trip to Beijing to talk trade restrictions and supply chains amid U.S.-China tensions.
Will Disunity Drive the Tories Out of Downing Street?
A new book charts the troubled path of the U.K. Conservative Party in the wake of Brexit.
The World’s Immigration Policies Are Outdated. Here’s How to Catch Up.
The nature of global migration has transformed since rules were put in place in 1951.
China’s Pensions System Is Buckling Under an Aging Population
Beijing has hard choices ahead as labor advantages slip away.
Will India Surpass China to Become the Next Superpower?
Four inconvenient truths make this scenario unlikely.
Japan’s Stock Market Is Finally Back to 1990 Levels
A 33-year-long recovery points to a somewhat brighter future.
Adam Tooze: Why the Economic Gap Between the U.S. and Europe Is Growing
America is using its political and commercial might to stay ahead of Europe.
Aid Is the Next Battleground Between China and the West
The global south’s debts have reached alarming levels, and Beijing is tightening the screws.
Biden’s Turn Against Trade Makes It Hard to Win Friends
An era of inclusive U.S. economic policy is over, sparking anxiety around the world.
Modi’s State Visit Aims to Cement U.S.-India Partnership
Bilateral constraints haven’t gotten in the way of rapidly deepening ties.