Macroeconomics

A principios del 2023, las importaciones de bienes mexicanos por parte de Estados Unidos superaron a las de China, convirtiendo a México en el principal exportador de bienes a EUA por primera vez en la historia comercial moderna. México ha...

In early 2023, US imports of goods from Mexico surpassed those from China, making Mexico the main origin of goods imported to the US for the first time in modern trade history. Mexico has long been a key US trade partner, with total US...

Humanity faces great challenges—climate change, poverty and inequality, war and conflict, health-care access and inequality, and more. With approximately 83 percent (and growing) of the global population living in developing economies...

Asia is a game changer for the prescient investor. Following the end of the pandemic, Asia is set to regain its place as the main engine of growth for the global economy in 2023. This year, we expect the Chinese GDP growth to recover to 5.4...

Four billion pieces of paper—equivalent to around 400,000 trees—facilitate the movement of products and services through global supply chains, which in turn enable everyone to eat, work, move about, and live their lives. These purchase...

Amid heightening macro volatility and geopolitical tensions, the past 18 months have seemed to signal that we may be about to enter a shift in eras. War, sanctions, disrupted supply chains, and blocs have all become part of our everyday...

Sharply rising interest rates, a slowing economy, and tighter lending conditions are leaving many highly leveraged borrowers straining to service their debts. Here, we discuss the challenges facing public and private credit markets and why...

A troubling reality looms large over the global food system: It is rigged in favor of wealthy nations. With the world’s population projected to reach 10 billion by 2050, the inequalities ingrained in food production, distribution, and...

In recent years, the global economy has experienced a series of sudden exogenous shocks—the COVID-19 pandemic, the visible war in Ukraine, and global monetary activism. These events exposed not only how fragile the markets are but also the...

Pictured (left to right): Dawit Ephrem, Birtukan Kassa, Gizachew Mesfin, Alazar Michael, and Dawit Lanteyideru. Milken Institute: Tell us about your team. Alazar Michael: One day, I was talking to a farmer in a village while leading a...