Protectionism and isolationism have been growing throughout the world, in what became known as the backlash against globalisation. Using newly assembled data for 23 industrialised, advanced democracies and global trade data, Italo Colantone, Gianmarco Ottaviano, and Piero Stanig analyse voting behaviour and track trade policy interventions. They write that international trade is not the only factor causing the upheaval. Society must […]
Fiat Chrysler’s story shows that manufacturing can be viable and successful in mature western economies.
Is there a future for industry in Europe and North America? Giorgio Barba Navaretti and Gianmarco Ottaviano use the example of the newly merged transatlantic car-maker Fiat Chrysler to debunk a number of myths about the nature of manufacturing and its viability in the mature economies of the West.
In the aftermath of the financial crisis, several national leaders have shown a […]
The impact of immigration and offshoring on American jobs is far more complicated than directly replacing workers
The standard narrative on immigration and offshoring is that these practices uniformly harm American workers by providing cheap, alternative sources of labor. Using data taken from U.S. manufacturing industries between 2000 and 2007, Gianmarco Ottaviano, Giovanni Peri, and Greg Wright examine the impact of offshoring and immigration on native manufacturing workers. They find that, while offshoring production or hiring immigrants […]