Lessons for COVID: How natural disasters reshape supply chains
Four economists explore the long-term impact of the 2011 earthquake in Japan on supply chains and predict that the pattern may be relevant to COVID-19.
Caroline Freund, senior fellow at the Peterson Institute for International Economics since May 2013, was chief economist for the Middle East and North Africa at the World Bank (2011–13). Prior to that she was lead economist (2009–11) and senior economist (2002–09) in the research department of the World Bank. She was also senior economist at the International Monetary Fund (2006–07) and economist at the Federal Reserve Board (1997–2003). Freund works primarily on economic growth and international trade and also writes on economic issues in the Middle East and North Africa. She has published numerous articles in economics journals, including American Economic Review, Quarterly Journal of Economics, Review of Economics and Statistics, Journal of International Economics,Journal of International Money and Finance, and Journal of Development Economics, and has contributed to many edited volumes. Her work has also been cited in leading magazines and newspapers, including Business Week,Economist, Financial Times, Wall Street Journal, and Washington Post. She is on the editorial board of World Bank Economic Review and on the scientific committees of CEPII (Institute for Research of the International Economy, Paris) and the Economic Research Forum (Cairo), and is a member of the US Export-Import Bank Advisory Committee and of the Center for Economic Policy Research. She received a PhD in economics from Columbia University in 1997.
Four economists explore the long-term impact of the 2011 earthquake in Japan on supply chains and predict that the pattern may be relevant to COVID-19.
After a year of escalating trade conflicts, the world must not forget that open trade has been a key engine of economic growth and poverty reduction in recent decades. With the global eco...
Caroline Freund, senior fellow at the Peterson Institute for International Economics, deconstructs the elephant graph.