Can trade blocs withstand China Shock 2.0?
A wave of regional trade deals is creating a new trading system without central leadership. Conflict over subsidized Chinese goods poses a risk....
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Richard Baldwin
Richard Baldwin is Professor of International Economics at IMD. He founded the VoxEU.org economic policy portal and served as its editor-in-chief until the end of 2025. He also served as director and then president of the Centre for Economic Policy Research (CEPR). His books include The Great Convergence: Information Technology and the New Globalization (2016) and The Globotics Upheaval: Globalization, Robotics, and the Future of Work (2019).
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What open-source models can teach us about global trade
The rules-based order that underpinned globalization is lurching from an open-source to a closed-source model. But even without the participation of the US, an ‘open hybrid’ system will ensure stability in the...
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