2 articles

Think Global Production and Supply Chains Are Shrinking? Think Again.

Disregard the talk about the end of globalization – it’s just getting started.

There’s an idea gaining credence in some circles that we’ve reached “peak globalization.” If the advocates of this view are right, worldwide trade volumes – which enjoyed unprecedented growth but then stalled out somewhere around 2012, according to the IMF – are heading for a period of long-term structural decline. The retreat, these trade pessimists […]

Disciplining the Sharing Economy

How the sharing economy can smooth disruption and keep innovating.

The increasing ability of people to exchange goods, services, and labor directly, via online platforms, is transforming how modern economies operate. But to ensure that the rise of the “sharing economy” works efficiently and improves conditions for all parties, some regulation is needed.People can now circumvent many traditional service businesses. They can share transport, using […]