Trade
Exports, imports and trade policy.
The Inflation Endgame: What Happens After the Last Hike
Central banks have nearly won the inflation fight. The next phase is about who absorbs the hangover.
Remittances Are the Largest Foreign-Exchange Engine Nobody Funds
Money sent home by migrant workers dwarfs foreign aid and rivals FDI — and it is finally getting cheaper to send.
The Rise of De-dollarization: Real or Narrative?
Central banks bought gold at record pace and shifted reserves. The dollar's dominance is eroding — slowly and asymmetrically.
Small Island Economies and the Debt-Sustainability Trap
Climate shocks, tourism dependence and high debt service form a trap that structural adjustment cannot escape.
The Informal Economy Is 40% of GDP in Emerging Markets — and Growing
Street vendors, gig workers and micro-enterprises run the real economy. Digital rails are finally counting them.
China's Secondhand Market Just Passed Japan: The New Consumption Story
The world's newest giant of consumerism is becoming its most efficient recycler — with implications for global demand.
Commodity Supercycle or Dead Cat? The Metals Question
Copper, lithium and rare earths are up on electrification demand. The question is whether supply can ever catch up.
Tourism-Dependent Nations Rethink the Golden Goose
Record arrivals collide with housing crises and overtourism protests. Popular destinations are pricing in quality over quantity.
The Great Repricing of Housing: Affordability Enters the Fed's Math
Housing costs no longer follow the rest of the inflation basket, and policymakers are starting to notice.
The Demographics Dividend Is Turning Into a Tax
Shrinking workforces across Europe and East Asia are hitting growth, pensions and public budgets simultaneously.