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This is the impact of global firms on trade

Modern international trade increasingly takes place in complex cross-border global value chains (Johnson and Noguera 2012, Amador and di Mauro 2015). Even as global production has grown m...

Are we looking at deindustrialisation in the wrong way?

Manufacturing employment in high-income countries is on the decline. In the quarter century from 1995 to 2010, the number of manufacturing jobs in the US declined by a third from 18.6 mil...

Does high-speed rail benefit business?