Exposure to foreign firms can induce knowledge transfers to domestic firms in close geographical proximity

Shortening intermediation chains does not necessarily lead to gains for consumers

English language courses for domestic managers improve their interactions with foreign managers, and potential employers value these interactions

Welfare gains from trade openness are dependent on whether trade results in a reallocation of resources towards or away from distorted sectors

It is well-known that risk-sharing networks can smooth shocks, but local production networks can also propagate shocks; policy should consider both

Lumpsum cash transfers delivered as business grants can spur microentrepreneurial activities

A quality scandal that affected some Chinese dairy firms disrupted exports from all firms across the industry

Randomised anti-corruption audits in Brazil yield positive economic outcomes for local firms and businesses

China’s accession to WTO reduced trade policy uncertainty, spurred structural change towards manufacturing and services, and increased economic growth