As a macroeconomic indicator, GDP fails to capture much of the value created in the modern world. New metrics promise to track everything from happiness to natural capital
Foreign direct investment is of huge importance to global economic development, but it has declined markedly over the last 12 months as tax reforms and anti-globalist policies take a toll
The world’s most developed nations tend to favour low tariffs, while poorer countries have chosen to retain higher trade barriers
French President Emmanuel Macron will scrap several proposed tax reforms following a series of violent protests across the country
A new report by the World Trade Organisation highlights the increase in highly limiting policies over the past year
Despite much speculation, the ascension of a new president in Cuba is unlikely to usher in holistic economic change as the country’s political apparatus will surely impede wholesale reform
The downside of China’s behemothian industrial capability is that it remains the world’s largest greenhouse gas emitter. It is, however, now leading the way in green energy development
In a reversal of fortune befitting a Greek tragedy, Mozambique’s loss of IMF fiscal aid following the discovery of a clandestine $2bn loan in 2016 has turned it from one of Africa’s success stories to an economic basket case
African nations seem poised to create a prosperous and efficient trading network as they push ahead with the ambitious and far-reaching CFTA project
The tariffs imposed by US President Donald Trump earlier this year push his country closer to a trade conflict with China. Looking at the history of trade wars, a US victory could prove elusive
In a wide-ranging joint declaration about issues affecting Europe, the leaders of Germany and France set out a framework for eurozone budget
The Stock Exchange of Hong Kong has been forced to consider its own global relevance since losing out to New York in its bid for the Alibaba IPO in 2014. Many believe that a loosening of regulations can inspire a revival
The Dominican Republic-Central America Free Trade Agreement (CAFTA-DR) was designed to emulate NAFTA, its sister free trade agreement to the north. Despite heavy opposition, CAFTA-DR has improved trade within the region
Today, the global trading network is well established, but it has taken multiple decades and various trade agreements to reach the current degree of complexity
Ongoing droughts taking place across the world serve as potent reminders of what happens when a country’s water supply is compromised