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International trade | Podcast
New technology, the re-emergence of industrial policy, and rising geopolitical tensions are all putting added pressure on the international trading system. Michele Ruta is a trade expert at the IMF. He says global cooperation is key to preventing economic fragmentation, from which no one benefits.
MICHELE RUTA
Industrial production | Podcast
Economists have been predicting the return of industrial policy of late- and there’s no question it’s back, but what does today’s industrial policy look like? Michele Ruta is a trade expert at the IMF, and along with some colleagues compiled a new dataset that shows the extent to which new industrial policies are being used and what their real impact might be on the global economy.
International trade | June 2023
At a time of growing global tensions, regional trade alliances may be less about integration and more about discrimination
Trade policy | Podcast
As rising geopolitical tensions chip away at globalization, will a more fragmented world mean stronger regional pacts? Economist Michele Ruta says the trend toward strengthening ties with friends and loosening them with non-friends is making regional trade less about integration and more about discrimination.
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