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Global Currents

Jostein Hauge

This is a newsletter that covers international political economy

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PricingOnly free issuesPublishesWeekly
Issues22Foundeda year agoLast Issue20 days ago
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Latest Issues

The problems with the "China Shock 2.0" narrative

Photo by Markus Winkler on Unsplash

In the early 2000s, a wave of Chinese goods swept into Western markets following China’s 2001 accession to the WTO. Cheap manufactured goods were imported into the United States and Europe, and low-cost...

20 days ago
57
9

Why do countries need industrial policy?

For much of the late twentieth century, industrial policy carried the whiff of failure. The dominant orthodoxy held that governments should set the rules and then step aside, leaving markets to allocate capital and pick the winners that des...

a month ago
36
5

China may have fewer people living in poverty than the US

Photo by Lucas on Unsplash

Some readers might find it odd to even entertain the possibility that China has fewer people living in poverty than the US. China’s GDP per capita is about one-sixth of the US’ — one-third once you adjust for pur...

2 months ago
62
4

This is why I’m Chinamaxxing

Photo by Denys Nevozhai on Unsplash

There's a term that's been floating around Gen Z corners of the internet: "Chinamaxxing." It kind of started as a joke — young Westerners enthusiastically embracing Chinese lifestyle habits, fashion, and...

2 months ago
140
31

Why the World Bank changed its mind on industrial policy

Photo by Isis França on Unsplash

There is a particular kind of institutional courage involved in admitting you were wrong, especially when your wrongness shaped the economic destinies of dozens of countries. The World Bank has just publish...

5 months ago
183
17

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  • Jostein Hauge

    Political economist • Assistant Professor at Cambridge • Book: The Future of the Factory • Email: [email protected]

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