Is China’s International Joint Venture Policy Effective in Diffusing Technology?

The US administration launched a trade war against China in response to what it sees as unfair trade practices—especially the requirement that foreign firms entering “restricted” sectors partner with a Chinese firm. New research from an international team of economists gauges whether the requirement has the intended effect of diffusing technology transfer in these sectors, and finds the answer is a resounding yes.  

Read more

Baldwin on Globalization: “A Lot of the Narrative Is Based on the US as If It Were the Whole World”

Richard Baldwin, professor of international trade at the Graduate Institute of Geneva and editor-in-chief of VoxEU.org, talks to ProMarket about the convergence between the G7 and emerging countries, the United States’ failure to build a social contract to mediate the changes of globalization, and his confidence that—rumors of trade war notwithstanding—the international trade regime is actually quite resilient.  

Read more