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Will China Surpass the U.S. to Become the Number One Economic Power?

2026-01-21T19:18:32+00:00

Hengzhong Liu
June 18, 2022

China is likely to surpass the United States in GDP size within the next decade despite deglobalization pressures, supported by its vast domestic market, urbanization potential, and high savings. However, economic size alone does not equal economic power. Lower income levels, reliance on imported energy, limited reserve-currency status, and technological gaps mean China is unlikely to overtake the U.S. as the world’s leading economic power in the foreseeable future.

Will China Surpass the U.S. to Become the Number One Economic Power?2026-01-21T19:18:32+00:00

A Primer on Covid-19 and its Impact on the Supply Chains in China

2026-01-21T18:40:28+00:00

Zhio Xi
April 30, 2021

The Covid-19 pandemic delivered a sharp but temporary shock to China’s supply chains, particularly in electronics, textiles, and other intermediate-goods industries closely tied to global demand. While exports and manufacturing activity initially collapsed, rapid virus containment helped production rebound. The crisis highlighted the need to balance efficiency with resilience, pushing firms and policymakers toward diversification, innovation, and a more quality-driven role for China in global supply chains.

A Primer on Covid-19 and its Impact on the Supply Chains in China2026-01-21T18:40:28+00:00

The Pandemic and the Emerging Markets Crisis: How Fragile are the Economies?

2026-01-21T19:20:53+00:00

Utku Demir and Merih Uctum
June 11, 2020

Emerging market economies have been struck by a rare quadruple shock—pandemic disruption, capital flight, recession, and mounting debt—triggering record outflows and sharp currency depreciations. This article examines why renewed “sudden stops” have resurfaced despite past financial reforms, highlighting reserve adequacy, investor behavior, and public health capacity as key factors shaping default risk and recovery prospects.

The Pandemic and the Emerging Markets Crisis: How Fragile are the Economies?2026-01-21T19:20:53+00:00

Lessons from Taiwan’s Healthcare Reform

2026-01-21T19:08:57+00:00

William B. Thorne
November 27, 2019

Taiwan’s 1995 shift to a single-payer National Health Insurance system dramatically expanded coverage and reduced costs. Using a synthetic control method, this post shows that Taiwan’s life expectancy rose significantly faster than comparable countries after reform, suggesting the overhaul produced real health gains and offers lessons for U.S. healthcare reform.

Lessons from Taiwan’s Healthcare Reform2026-01-21T19:08:57+00:00

Unconventional Monetary Policies Become Conventional After All?

2026-01-21T19:08:07+00:00

Fotios Siokis
October 21, 2019

The ECB introduced new unconventional monetary measures in September 2019 to counter persistent low inflation and weak growth. With rates at the zero lower bound, tools such as negative deposit rates, forward guidance, renewed quantitative easing, and targeted long-term loans aim to boost lending and inflation, though risks to banks and financial stability remain.

Unconventional Monetary Policies Become Conventional After All?2026-01-21T19:08:07+00:00

Trump’s Trade Quagmire

2026-01-21T19:07:11+00:00

Paul Krugman
August 30, 2019

Krugman argues that Trump’s trade war has become a policy quagmire: tariffs are large and economically damaging but fail to reduce the trade deficit or force Chinese concessions. With limited help from the Fed, escalation risks retaliation, currency conflict, and significant harm to the U.S. and global economy.

Trump’s Trade Quagmire2026-01-21T19:07:11+00:00

U.S. – China Trade Conflict: Impacts on China

2026-01-21T19:06:14+00:00

Zhuo Xi
July 23, 2019

This article examines whether the U.S.–China trade war has materially affected China’s economy. While tariffs have slowed growth and pressured markets, their direct macroeconomic impact remains limited so far due to China’s reduced reliance on exports, controlled currency depreciation, and domestically held debt. Risks persist for stocks, supply chains, and long-term growth.

U.S. – China Trade Conflict: Impacts on China2026-01-21T19:06:14+00:00

Measuring Inequality… Are we doing it right?

2026-01-21T19:00:38+00:00

Andreas Kakolyris
April 01, 2019

Traditional indicators like GDP and the Gini coefficient only partially capture rising inequality. Drawing on Tony Atkinson’s work, this article argues for alternative and multidimensional measures that better reflect well-being, risk, and social mobility. Such measures can improve public debate and help policymakers address inequality more effectively.

Measuring Inequality… Are we doing it right?2026-01-21T19:00:38+00:00
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