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Industrial policy since the great financial crisis

This paper extends the New Industrial Policy Observatory (NIPO) dataset from 2009 to 2023 by employing large language model techniques to identify policy motivations. We document widespread industrial policy adoption across advanced and emerging market economies since the Great Financial Crisis, which was implemented primarily through subsidies …

Economics
By Simon J. Evenett, Adam Jakubik, Jaden Kim, Fernando Martín Espejo and et al.
International Monetary Fund working paper 2025
Industrial policy since the great financial crisis
By Simon J. Evenett Adam Jakubik Jaden Kim Fernando Martín Espejo and et al.
International Monetary Fund working paper 2025
Summary
This paper extends the New Industrial Policy Observatory (NIPO) dataset from 2009 to 2023 by employing large language model techniques to identify policy motivations. We document widespread industrial policy adoption across advanced and emerging market economies since the Great Financial Crisis, which was implemented primarily through subsidies …
Copyright ©2025
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Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Report
The august 2025 US-EU trade framework: The epitome of a binding-free trade understanding

Yesterday’s document amounts to little more than an update on the price the EU is prepared to pay to retain some access to the United States’ market and the plan of action—such as it is—going forward. To paraphrase Churchill, this represents the end of the beginning–not the beginning of the end. As this is not a binding accord, risk premia will…

Geopolitics Economics
By Simon J. Evenett
Global Trade Alert, Zeitgeist Series Briefing no. 72, 22 August 2025
The august 2025 US-EU trade framework: The epitome of a binding-free trade understanding
By Simon J. Evenett
Global Trade Alert, Zeitgeist Series Briefing no. 72, 22 August 2025
Summary
Yesterday’s document amounts to little more than an update on the price the EU is prepared to pay to retain some access to the United States’ market and the plan of action—such as it is—going forward. To paraphrase Churchill, this represents the end of the beginning–not the beginning of the end. As this is not a binding accord, risk premia will…
Copyright ©2025
Copyright owner External Copyright
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Report
No smoking gun from the European Commission’s first trade diversion monitoring report

The Commission’s import surveillance task force was established in response to concerns about trade redirection arising from increased US tariffs on Chinese imports. The fear was that Chinese products unable to access the US market would seek alternative routes into the European Union—a phenomenon known as trade redirection or trade deflection. …

Economics Geopolitics
By Simon J. Evenett
Global Trade Alert, Zeitgeist Series Briefing no. 66, 6 June 2025
No smoking gun from the European Commission’s first trade diversion monitoring report
By Simon J. Evenett
Global Trade Alert, Zeitgeist Series Briefing no. 66, 6 June 2025
Summary
The Commission’s import surveillance task force was established in response to concerns about trade redirection arising from increased US tariffs on Chinese imports. The fear was that Chinese products unable to access the US market would seek alternative routes into the European Union—a phenomenon known as trade redirection or trade deflection. …
Copyright ©2025
Copyright owner External Copyright
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Report
License to operate: Wall Street’s check on America first policy

On 12 May 2025, China and the United States released a joint statement that ended the recent escalation in tariffs. For 90 days each agreed to lower their tariffs by 115%. This only applies to import taxes imposed since 2 April 2025—all prior tariffs remain in force. China also agreed to suspend or remove “non-tariff countermeasures.” The partie…

Global Business Economics Geopolitics
By Simon J. Evenett
Global Trade Alert, Zeitgeist Series Briefing no. 65, 13 May 2025
License to operate: Wall Street’s check on America first policy
By Simon J. Evenett
Global Trade Alert, Zeitgeist Series Briefing no. 65, 13 May 2025
Summary
On 12 May 2025, China and the United States released a joint statement that ended the recent escalation in tariffs. For 90 days each agreed to lower their tariffs by 115%. This only applies to import taxes imposed since 2 April 2025—all prior tariffs remain in force. China also agreed to suspend or remove “non-tariff countermeasures.” The partie…
Copyright ©2025
Copyright owner External Copyright
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Report
Mixed messaging: How London and Washington, D.C. presented their recent trade tie-up

The official statements accompanying new UK-U.S. economic arrangements revealed on 8 May 2025 are both thin on detail and contain significant discrepancies on several key matters. The parties could not even agree on basic terminology – the UK carefully avoids calling it a “trade deal” while the U.S. embraces this label. This distinction matters …

Geopolitics Economics
By Simon J. Evenett
Global Trade Alert, Zeitgeist Series Briefing no. 64, 9 May 2025
Mixed messaging: How London and Washington, D.C. presented their recent trade tie-up
By Simon J. Evenett
Global Trade Alert, Zeitgeist Series Briefing no. 64, 9 May 2025
Summary
The official statements accompanying new UK-U.S. economic arrangements revealed on 8 May 2025 are both thin on detail and contain significant discrepancies on several key matters. The parties could not even agree on basic terminology – the UK carefully avoids calling it a “trade deal” while the U.S. embraces this label. This distinction matters …
Copyright ©2025
Copyright owner External Copyright
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Report
Detailed commentary on the formal text of the US-UK economic prosperity deal

In the attached file, Global Trade Alert Founder Simon Evenett has added 34 remarks about the formal text issued concerning this Deal.

Geopolitics Economics
By Simon J. Evenett
Global Trade Alert, Zeitgeist Series Briefing no. 64, 9 May 2025
Detailed commentary on the formal text of the US-UK economic prosperity deal
By Simon J. Evenett
Global Trade Alert, Zeitgeist Series Briefing no. 64, 9 May 2025
Summary
In the attached file, Global Trade Alert Founder Simon Evenett has added 34 remarks about the formal text issued concerning this Deal.
Copyright ©2025
Copyright owner External Copyright
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications