Articles

Free trade, household debt and the great recession- - ©Fotolia-Suns07Butterfly

The rise of import from China in the 2000s’ led to a strong increase in American households’ debt, reveals a study written by Professors Jean-Noël Barrot, Erik Loualiche, Matthew Plosser and Julien Sauvagnat. This effect is mainly explained by manufacturing workers borrowing to smooth consumption after facing deteriorating labor market conditions. Import competition from China therefore has not (...)

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Does the economy influence individual values and culture? Yes, say Jacques Olivier and his (...)

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China and Greece are among the nations believed to deliberately misreport economic data in order to (...)

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Should small countries that have opened their markets worry about deindustrialization? Sometimes, (...)

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