Economics, Globalization, and Policy by Richard Baldwin
Richard Baldwin is Professor of International Economics at IMD Business School and Founder of VoxEU.org. His research on globalization and automation has received more than 60,000 citations, and he maintains an H-index over 95. He currently serves as Non-Resident Fellow at the Peterson Institute for International Economics and sits on multiple advisory boards across Europe. Baldwin’s most recent publication, The Globotics Policy Handbook, presents digital tokenization as an emerging layer in trade services.
He has authored eight books and over 100 peer-reviewed articles, with academic appointments at the Graduate Institute in Geneva, MIT, and Oxford. Baldwin consults for the European Commission, IMF, and World Bank on trade and digital capital mobility. In 2023, he was awarded an honorary doctorate by the University of St. Gallen for contributions to global economic policy. While not directly affiliated with crypto, Baldwin’s modeling of digital trade corridors is referenced in multiple whitepapers by central banks and fintech alliances. His lectures frequently cover blockchain’s implications for remote labor, tax havens, and sovereign risk.
Richard Baldwin: Over $35 trillion in U.S. government debt drives liquidity in bond market
Richard Baldwin highlights that there is now over $35 trillion in outstanding U.S. government debt, which he describes as widely considered safe. He observes that the market for U.S. bonds is ...
World trade grew more open while U.S. and China set records, Richard Baldwin notes
Richard Baldwin highlights that 2025 did not see the expected fragmentation of world trade despite geopolitical shocks. Instead, global trade became more open on average, with the U.S. trade ...
Richard Baldwin: Bond yield surge raises questions about timing and political impact
Richard Baldwin highlights recent commentary from Greg Ip on bond markets. He points out that the key question is not why yields increased significantly in the past week, but why this move did not ...
Financial crisis risk elevated by populist era, Richard Baldwin warns
Richard Baldwin, industry influencer, highlights comments from Martin Wolf warning of a potential financial crisis. Wolf notes that the chances of pre-emptive action to address global financial ...
Richard Baldwin: Data centre demand now surpasses U.S. single family home construction
Richard Baldwin, industry influencer, observes a shift in aggregate demand trends as data centres now surpass single family home construction in the U.S. Baldwin highlights that the high level ...
AI tools could change bank security landscape, Richard Baldwin warns
Richard Baldwin suggests that advancing artificial intelligence technology could introduce a new level of hacking threats to banks. According to Baldwin, the ongoing contest between law ...
Richard Baldwin flags falling consumer confidence amid rising inflation expectations
Richard Baldwin highlights a concerning trend as inflation expectations have been on a straight upward trajectory since January 2025. Consumer confidence appears to be dipping sharply at the same ...
Richard Baldwin: 20 percent richest dominate half of spending
Richard Baldwin raises concerns about the robustness of the economy in a recent tweet. Highlighting that the richest 20 percent are responsible for half of the spending, Baldwin references remarks ...
Richard Baldwin: US Treasury's $400 million peso intervention strategy questioned
Richard Baldwin has raised concerns about the recent actions of the US Treasury involving strategic purchases of the Argentine peso. These transactions, occurring three times since October 9, are ...
Richard Baldwin highlights shift in social media usage
Richard Baldwin points out a significant shift in social media usage trends. According to Baldwin, time spent on social media peaked in 2022, with young people being the first to reduce their ...
Richard Baldwin: China's manufacturing power shifts post-COVID
China's manufacturing sector, which had experienced a meteoric rise in recent years, has experienced a leveling off and slight decline since the COVID-19 pandemic. Currently, China's production ...
Richard Baldwin: US tariffs impact investment spending and trade deficit
Richard Baldwin, an economic expert, examines the significant effects that US firms front-running tariffs have on both investment spending and the trade deficit. He suggests that these ...
Richard Baldwin examines potential moderation of Trump-era tariffs
Economist Richard Baldwin delves into the possibility of moderating Trump-era tariffs to alleviate the cost-of-living burden on key voter bases. In a series of steps he outlines, Baldwin ...
Richard Baldwin questions tariff cuts amid voter dissatisfaction
Richard Baldwin, a prominent economic commentator, poses a crucial question on whether tariffs will be reduced to appease voter concerns this winter. With midterm elections approaching, he notes ...
Richard Baldwin examines link between obesity income and education
Economist Richard Baldwin highlights how obesity correlates negatively with income and education levels. Baldwin shared a chart showcasing this link, emphasizing the importance of understanding ...
Richard Baldwin highlights failing literacy and numeracy in US education
Richard Baldwin, a noted commentator on economic and educational issues, points to alarming statistics regarding the current state of education among high school seniors in the United States. ...
Richard Baldwin alerts: U.S. dollar faces historic decline
The U.S. dollar has experienced its worst performance from January to June in the entire era of floating exchange rates, which began in 1973. This significant development was highlighted in a ...
Richard Baldwin asserts US views all nations as trade adversaries
Richard Baldwin, in a recent statement on social media, argues that the United States is treating every nation as a trade enemy. This approach, as he terms the "Grievance Doctrine," seems to be ...
Richard Baldwin warns of market pushback against Trump Fed interventions
Financial markets may soon signal a strong reaction to former President Donald Trump's interventions with the Federal Reserve. Richard Baldwin highlights expert opinion, suggesting that this ...
Richard Baldwin asserts global trade rules drive prosperity
Richard Baldwin sheds light on the resilience of the global trade system, noting that its persistence is driven not by a singular rescuing leader, but by a collective commitment to rules-based ...
Richard Baldwin highlights competitive strategy in global trade
Richard Baldwin, a leading economist, emphasizes the nuanced dynamics of global trade and competitiveness. He underscores that nations can maintain cost competitiveness in sectors they do not have ...
