Everyone agrees that enhanced transparency—on payments, revenues, royalties and taxes—is essential to success in developing countries to turn earnings from oil, gas and mining into economic growth…

Kelly Alderson |

One of the core principles of trade economics is that of “comparative advantage.” First described by David Ricardo, the theory says that countries are best off if they specialize in products that…

Siddhesh Kaushik, Julia Oliver |

When economists think about price shocks, they consider how a change in price will affect the supply and demand of a product. But when that product is human – i.e., a worker – interpreting the…

Elizabeth Ruppert Bulmer, Claire H. Hollweg |

Trade issues can seem quite complex. Sometimes it's nice to boil concepts down to simpler terms-- terms more familiar, more beloved by many of us. So, let's talk futbol. The latest…

Miles McKenna |

Part of the World Bank’s new vision is to step up its efforts to help fragile and conflict-afflicted states break the vicious cycle of poverty. But this is no easy task.   The destruction of…

Massimiliano Calì |

If you follow trade negotiations, then you know there are few more contentious than those for the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP).  …

Miles McKenna, Ian Gillson |