Why a price you can’t raise starts high
When firms can cut prices freely but struggle to raise them, they start higher to insure against being trapped tomorrow – even in competitive markets. ...
September 4, 2026 • by Harry J. Paarsch, Karl Schmedders in Economics • 6 min read
When firms can cut prices freely but struggle to raise them, they start higher to insure against being trapped tomorrow – even in competitive markets. ...
April 7, 2026 • by Michael R. Wade, Mark J. Greeven, Konstantinos Trantopoulos in Economics • 8 min read
Trust and governance, not data and technology, will separate winners from losers in the race to build ecosystems that sustain value. A remote Scottish island offers a few clues to the way...
March 9, 2026 • by Stefan Michel in Economics • 7 min read
First published 250 years ago, The Wealth of Nations remains a cornerstone of economic thought. Adam Smith’s treatise on free trade is still highly relevant for today’s fracturing global economy, argues Stefan...
January 23, 2026 • by David Bach, Julia Binder in Economics • 1 min read • Podcast available
Live from Davos: IMD’s Julia Binder and David Bach cut through the headlines on geopolitics, AI, energy – and competing visions for the international order....
July 31, 2025 • by Fabian Grimm in Economics • 10 min read
As global economic tensions persist, the economies that win the “negotiations over percentages battle” are taking the media spotlight. However, the economies and regions that recognize deeper patterns of adaptation and position...
December 26, 2024 • by Richard Baldwin, Simon J. Evenett, Carlos Cordon in Economics • 10 min read
From tariffs to supply chain challenges, IMD experts predict the factors that will shape international trade in 2025....
December 20, 2024 • by Nico Luchsinger in Economics • 7 min read
As Asia's economic landscape evolves, three distinct narratives emerge: Japan's structural renaissance, China's growth challenges, and India's manufacturing aspirations. Understanding these intersecting stories is crucial for global businesses and policymakers navigating the...
September 10, 2024 • by Arturo Bris in Economics • 6 min read
The former Italian premier and ECB president’s call for massive EU investment is a wake-up call to Europe’s economic stagnation. But can the continent afford the trade-offs he overlooks?...
July 8, 2024 • by Richard Baldwin in Economics • 6 min read
As the world’s largest democracy prepares to overtake China in terms of economic growth, it offers a huge investment opportunity, explains IMD’s Richard Baldwin....
June 24, 2024 • by Carlos Cordon in Economics • 6 min read
In an era of unpredictability, businesses must take many more strategic decisions about supply chain management, say IMD’s Carlos Cordon and supply chain adviser Tariq Farooq...
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