Giovanni Federico is professor of Economic History at the University of Pisa.
Since 2007, the apparently unstoppable growth of world trade has come to a halt, and the openness of the world economy has been stagnating, or even declining. The recent prospect of a tra...
The stagnation of world trade since the outbreak of the Global Crisis in a very long term perspective has been framed before (Baldwin 2009, Hoekman 2015), including in our previous column...
The long-run consequences of the slowdown of trade growth since 2007 are still under debate (Boz et al.2014, Costantinescu et al. 2015, Hoekman 2015). Pessimists warn that the Great Reces...
