Economic restructuring is one of the main aspects of China’s reform. In the first 30 years after the founding of the PRC, the Chinese government carried out a system of planned economy ...

We investigate how the global economic system both drives inequality that undermines human rights and enables private actors to harm communities, workers, and the environment. Our work is driven ...

An economic model is a simplified description of reality, designed to yield hypotheses about economic behavior ... Demand is usually set to decline and supply to increase with price, yielding a system ...

To argue that the United States must reassert its leadership to preserve the rules-based system it established is to miss the point. China’s nationalist state capitalism now dominates the ...

Multilateral trade and economic development Multilateral trade operates on the principle that each country seeks to achieve a balanced exchange with the entire trading system rather than with ...

U.S. stocks posted modest losses and the dollar strengthened on Thursday as investors weighed solid data against notes of ...

Two sets of risks are of particular concern: Physical risks from more frequent and severe extreme weather events. These can cause economic disruptions and losses to the financial system. Transition ...

Over half of Americans, 52 percent, disapprove of President Trump’s handling of the economy, marking a 12 percent uptick from his disapproval in October 2024. In a survey a published by the Wall ...