How do you assess the economic health of a country? To get a full picture, you would need to look at a few different indexes. One helpful indicator is a nation’s terms of trade (TOT). This metric ...
This year marks 35 years since India embraced large-scale economic reforms. India had been moving toward economic liberalisation since the 1980s, but the quantum jump occurred when the economy faced ...
Japan’s terms of trade — the price of exports relative to the price of imports — worsened for nine consecutive quarters after the second quarter of 2020. National accounts showed import prices rose by ...
With a preliminary agreement on a Memorandum of Understanding (MoU) to end the United States-Iran conflict between the nations now intact, a key emphasis for supply chain stakeholders will be on ...
To many today, the idea that free trade brings peace looks like bygone naïveté at best and neoliberal apologism at worst. Contrary to the aspirations of the late twentieth-century free trade moment, ...
For decades, the global economy rested on the premise that international trade was beneficial despite geopolitical differences. The rules of the multilateral trading system, established with the ...
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