The state of the world economy

That the global economic growth, as measured by gross domestic product (GDP), is fuelled by trade has been part of the conventional wisdom among policy makers across the spectrum of global economies for quite a long time. The degree of benefit from trade differed from country to country depending on...

Climate gains in the West, exported pollution in the rest

Recently, President Duterte slammed Canada for sending waste to the Philippines. Yet, the challenge is huge. Exported pollution from advanced economies penalises the rest of the world and distorts climate gains.President Duterte's statement ensued after environmental groups' renewed call for Canada to take back waste sent to the Philippines in...