China dominates global trade with 730 products for which it accounts for more than half of global exports in 2023, far more than the EU, the United States, and Japan.

The US President has a problem with the American geography – a problem called Mexico.

A key driver of productivity is ease of resource allocation. This column uses firm-level data for France to show that misallocation has a spatial dimension: resource allocation and the associated effect on productivity are related not only to firms’ characteristics, but also to the environment in which they operate. Denser commuting zones seem to offer a better match between employers and employees, leading to more productive firms.