A long-standing debate in economics asks whether trade restrictions help or hinder economic performance. A recent study revisits this question with a clear focus: not on prices or welfare proxies, but on what ultimately matters for policymakers—economic growth. Using multicountry data, the study examines how different types of trade restrictions shape growth outcomes across diverseContinue reading “Do Trade Barriers Slow Growth? What New Evidence Reveals”
Tag Archives: Policy
Revisiting the Relevance of International Macroeconomic Policy Coordination
Given the uncertainty in the current global economic situation, one question arises regarding whether international macroeconomic policy coordination is still relevant. The choice of whether to implement international macroeconomic policy coordination depends on the specific circumstances, as explained in previous literature on the topic. First, the success of cooperation and coordination principally requires the sharingContinue reading “Revisiting the Relevance of International Macroeconomic Policy Coordination”
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