international analysis and commentary

Is global tourism out of the woods?

When evaluating tourism trends, the first challenges to be taken into account are the nature of the data and the definition of the sector. By international classification standards (as elaborated by the International Organization for…

Deglobalization or Slowbalization?

Many observers have recently announced or conjectured about the end of globalization. Such evaluation appears to be a gross generalization that is not confirmed by the current state of world trade. Despite the 2008 global financial crisis’s…

World trade, inflation and global growth

The recovery of the world economy in 2021 has been more sustained than previously expected thanks primarily to the positive outcome of the current vaccination campaigns in many large, advanced countries. This has made it possible to…