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Philippe Waechter's blog

DIRECTOR OF ECONOMIC RESEARCH, OSTRUM AM

A dynamic and cyclical approach to the global economy

  • 433 views

Uncertainty on trade dynamics takes over from risk

  • 31 December 2019
  • Politics & Society

Philippe Waechter

The United States’ unilateral economic policy is generating major uncertainties on world growth and casting severe doubt over institutions and trade.  Hefty risk perception was a key feature of 2019, as the White House’s trade war and systematic reprisals from China fueled the prospect of a watershed…
  • Donald Trump
  • International Trade
  • USA
READ
  • 414 views

Baldwin on Globalization: “A Lot of the Narrative Is Based on the US as If It Were the Whole World” –

  • 6 July 2018
  • World Economy

Philippe Waechter

Today, tariffs on USD 34bn of Chinese imports in the US will increase and China will do the same on US imports in China. That’s a nonsense policy as it…
  • Globalization
  • International Trade
READ
  • 189 views

David Ricardo and the Comparative Advantage – Happy anniversary

  • 21 April 2017
  • World Trade

Philippe Waechter

On April the 19th, 1817 David Ricardo published his famous book “On the Principles of Political Economy and Taxation” in which he developed his theory of the comparative advantage. This…
  • Comparative Advantage
  • David Ricardo
  • International Trade
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