Tony Addison
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tonysangle.bsky.social
Tony Addison
@tonysangle.bsky.social

Non-Resident Research Fellow & former Chief Economist UNU-WIDER Helsinki. 🇺🇳🇫🇮Former Professor of Economics, University of Copenhagen.🇩🇰Also Manchester & Warwick universities 🇬🇧
https://www.wider.unu.edu/expert/tony-addison-0 .. more

Economics 44%
Political science 23%

Reposted by Tony Addison

Effects of #Brexit... very negative. Good paper & thread.
This looks rather meaningful.

Reposted by Tony Addison

” index based on output from five core sectors of the economy (industry, agriculture, construction, transportation and retail trade) rose by 0.8 % y-o-y in September. Growth was slightly higher than in previous months, but there were no signs of broader economic recovery.”
#Russia 🇷🇺
​BOFIT Weekly Review 43/2025
Russian economic growth remains sluggish and subject to structural imbalances

Read more 🔗 www.bofit.fi/en/monitorin...

#Russia #economy #BOFITWeeklyReview

Reposted by Tony Addison

A century of progress in access to primary education

Reposted by Tony Addison

Russia National Welfare Fund end-July
Liquid funds $48.3 bn, slightly down from the month before, or 1.8% of GDP.

Russia has spent more than $100 bn from the liquid part of the NWF in the past three years
The 'reciprocal' tariffs are more a ploy to strengthen US negotiating hand than estimates of unfair trade practices the US faces. Even if reduced to 15%, imposing tariffs on America’s poorest trading partners would do little to reduce the US trade deficit but would harm their economic development.
"Reciprocal" tariffs: What are they really for?
This Policy Brief evaluates the evolving reasons for and application of the Trump administration’s “reciprocal” tariffs and finds them wanting.
www.piie.com

President Trump didn't like the jobs numbers, so he fired the person responsible for producing them.
It's a move that has been tried before, by leaders of countries from Argentina to Greece to the Soviet Union. It rarely ends well.
www.nytimes.com/2025/08/03/b... #EconSky
Trump Fired America’s Economic Data Collector. History Shows the Perils.
www.nytimes.com
My Trade Secrets today. The supposed tariff deals governments have made with Trump, including the EU’s rather humiliating climbdown, will if anything only embolden him to demand more. Isn’t that a cheering prospect?

on.ft.com/4mjwB1u

Reposted by Tony Addison

Whoever came up with this plan appears to have slept through the first three months of the Trump administration.
www.wsj.com/politics/pol...
Exclusive | U.S. Plans to Use Tariff Negotiations to Isolate China
Treasury Secretary Scott Bessent wants trading partners to limit China’s involvement in their economies in exchange for concessions on reciprocal tariffs.
www.wsj.com
Rare earths & other critical minerals are discussed in our new @unu-wider.bsky.social open access book. Download via www.wider.unu.edu/publication/...
UNU-WIDER : Book : Resources Matter
Almost everything that is essential to modern society—transport and power systems, buildings, machinery, and medical devices—depends upon metals, minerals, and stone as well as oil and natural gas whi...
www.wider.unu.edu

Reposted by Tony Addison

🚨🧵New RUSI report, 'Strengthening the UK's Response to Illicit Finance' by Josie Stewart is out!
Strengthening the UK's Response to Illicit Finance
This Policy Brief presents an assessment of the current UK system to counter illicit finance, the identification of key missing elements, and an analysis of implications and root causes of the UK's ap...
www.rusi.org

Reposted by Tony Addison

My Trade Secrets today, INCREDIBLY not mainly about tariffs.

The Vatican wants a big round of poor-country debt relief during the 2025 Jubilee year, as in the previous Jubilee in 2000. But indebted EMs have fortuitously benefited from Trump's bizarre policies & weak dollar.

First 300 clicks free.
The papal call for debt relief that might not be needed
[FREE TO READ] Low- and middle-income countries are performing surprisingly well despite Trump’s tariff wars
on.ft.com

Reposted by Tony Addison

🇺🇳Excellent @unu-wider.bsky.social
conference here in Helsinki 🇫🇮: 'Safeguarding tomorrow – innovative approaches to growth and equity'
You can watch many sessions online👍
www.wider.unu.edu/event/safegu...
UNU-WIDER : Safeguarding tomorrow – innovative approaches to growth and equity
This flagship event coincides with the 40th anniversary of UNU-WIDER and convenes leading thinkers and policymakers from across the globe to address some of the most press
www.wider.unu.edu

Reposted by Bård Harstad

I’ll modestly suggest my own book ‘Resources Matter: ending poverty while protecting nature’ (OUP). The PDF is free to download (open access) 👇 global.oup.com/academic/pro...
global.oup.com
My Trade Secrets today.

If there’s one good thing about Trump’s tariff shambles it’s that governments that might have contemplated a protectionist campaign themselves - even the UK with its habitual embarrassing cringe towards US politics & policy - will see it and go “nah”.

First 300 clicks free.
Trump’s tariff shambles is a helpful warning to the world
[FREE TO READ] No sensible government would think of emulating his trade policies as they have his other plans
on.ft.com

“… the weighted average tariff for goods coming from Asia would rise to 27%— up from 4.8% in January — if all of the announced rates go into effect on Aug. 1 …”
www.nytimes.com/live/2025/07...
Trump Administration Live Updates: President Revives Trade War Threat
www.nytimes.com

Reposted by Tony Addison

A new paper on “Emerging powers and the shifting patterns of influence on the WTO” is available as a pre-publication draft on ResearchGate. An appendix containing data used for part of the analysis is available on the blog.

With @bobwolfe.bsky.social

tradebetablog.wordpress.com/2025/06/24/p...
New paper: Shifting patterns of influence in the World Trade Organization
The paper and accompanying data appendix focus largely on the clout of emerging economies in the WTO, the main arena where global power in trade can be assessed
tradebetablog.wordpress.com

Reposted by Tony Addison

US tariffs in 2018-19 against China resulted in more employment and higher wages in the Mexican export sector, especially for lower-wage workers. The effects were concentrated in technology and skill-intensive manufacturing industries such as chemicals and automotives.
cepr.org/voxeu/column...
How the 2018/19 US tariffs against China boosted exports and employment in Mexico
In 2018 and 2019, the US administration hiked tariffs on imports from China. This column shows that imports from Mexico partly filled the gap, leading to an export and employment surge in Mexico. Using highly disaggregated firm-level data on Mexican exports, combined with detailed employer-employee data, the authors find that US tariffs against China resulted in more employment and higher wages in the Mexican export sector, especially for lower-wage workers such as female, unskilled, and younger employees. The effects were concentrated in technology and skill-intensive manufacturing industries such as chemicals and automotives.
cepr.org

Reposted by Tony Addison

A very detailed analysis by @cepr.org researchers on the economic consequences of the second Trump administration.

Available for free at:

cepr.org/publications...

The business slot on Today is a prime example. Dominated by folk from the City discussing ‘the markets’ 🤷‍♀️

“Social media main source of news in US…” www.bbc.com/news/article...
Social media now main source of news in US, research suggests
A report also finds right-leaning audiences on X have almost doubled in the UK since Elon Musk's takeover.
www.bbc.com

Reposted by Tony Addison

#WeekendReading 📃

In this paper from our latest NIER issue, @oxfordecondept.bsky.social‬'s @mcmahonecon.bsky.social‬ and @lovisareiche.bsky.social‬ examine gender differences in inflation expectations, attitudes and responses 👇
www.cambridge.org/core/journal...

If you missed the conference, @unu-wider.bsky.social will be putting up vids of sessions. Meanwhile, the website has great material on all aspects of global development!

Abhijit Banerjee ‘Social Protection for All’ @unu-wider.bsky.social
Annual Lecture

Reposted by Tony Addison

📺Happening Now!

Watch the WIDER Annual Lecture with Nobel Laureate Abhijit Banerjee:

go.unu.edu/8UQc1

Reposted by Tony Addison

3 highlights from our session on rethinking global financial architecture to finance social protection:

1️⃣ Domestic resource mobilization is essential
2️⃣ Developing countries need a voice in the global financial architecture
3️⃣ Jobs are the foundation of social protection

#WIDERDevConf2025

Reposted by Tony Addison

📘The UNU-WIDER book Poor Protection was the topic of Monday’s animated Fireside Chat

It explores how taxes & social benefits shape crisis response in developing countries

Stay tuned for its policy briefs + open access release later this year!
go.unu.edu/NGzOM
#WIDERDevConf202

Start of @unu-wider.bsky.social
conference "Safeguarding tomorrow - innovative approaches to growth and equity". Celebrating 40 years of impactful research 👍

🇺🇳🇫🇮... @unu-wider.bsky.social
conference 2025 in Helsinki "Safeguarding tomorrow - innovative approaches to growth and equity". Celebrating 40 years of policy research 👍
Spent the week truffling in the margins of the OECD conference on trade and the economy— here’s what i picked up was going behind the scenes.

on.ft.com/3ZlF7Uv Donald Trump’s go-it-alone trade doctrine shakes Paris summit