Business, Government & the International Economy
-
-
- March, 2021
- Article
Tariff Passthrough at the Border and at the Store: Evidence from U.S. Trade Policy
By: Alberto Cavallo, Gita Gopinath, Brent Neiman and Jenny TangWe use micro data collected at the border and the store to characterize the price impact of recent US trade policy on importers, exporters, and consumers. At the border, import tariff passthrough is much higher than exchange rate passthrough. Chinese exporters did not lower their dollar prices by much, despite the recent appreciation of the dollar. By contrast, US exporters significantly lowered prices affected by foreign retaliatory tariffs. In US stores, the price impact is more limited, suggesting that retail margins have fallen. Our results imply that, so far, the tariffs' incidence has fallen in large part on US firms.
- March, 2021
- Article
Tariff Passthrough at the Border and at the Store: Evidence from U.S. Trade Policy
By: Alberto Cavallo, Gita Gopinath, Brent Neiman and Jenny TangWe use micro data collected at the border and the store to characterize the price impact of recent US trade policy on importers, exporters, and consumers. At the border, import tariff passthrough is much higher than exchange rate passthrough. Chinese exporters did not lower their dollar prices by much, despite the recent appreciation of the...
-
- March 2021
- Article
A Diplomatic Counterrevolution: Indonesian Diplomacy and the Invasion of East Timor
By: Mattias FibigerThis article reinterprets the Indonesian invasion of East Timor as a "diplomatic counterrevolution." Using the central archival records of the Suharto regime for the first time in English-language scholarship, it argues that Indonesian diplomats pursued diplomacy in Southeast Asia, non-aligned and Afro-Asian networks, Western capitals, international institutions, and global capital markets to secure international support for their impending invasion of East Timor. The success of this diplomatic offensive tipped the balance of power in Jakarta away from advocates of restraint like Adam Malik and toward advocates of annexation like Ali Murtopo. The diplomacy behind Indonesia’s invasion of East Timor reveals that the architecture of globalization, lauded by some scholars as inherently liberatory, was far more agnostic—capable of being turned to counterrevolutionary purposes in addition to revolutionary ones. And it suggests that diplomacy itself had been counterrevolutionized, as geopolitical and geoeconomic change combined to make the international system, particularly the states of the Global South, far more hostile to state-making claims and transformative worldmaking projects.
- March 2021
- Article
A Diplomatic Counterrevolution: Indonesian Diplomacy and the Invasion of East Timor
By: Mattias FibigerThis article reinterprets the Indonesian invasion of East Timor as a "diplomatic counterrevolution." Using the central archival records of the Suharto regime for the first time in English-language scholarship, it argues that Indonesian diplomats pursued diplomacy in Southeast Asia, non-aligned and Afro-Asian networks, Western capitals,...
About the Unit
The BGIE Unit conducts research on, and teaches about, the economic, political, social, and legal environment in which business operates. The Unit includes scholars trained in economics, political science, and history; in its work, it draws on perspectives from all three of these disciplines.
The following demonstrates one way of classifying the approaches the Unit takes to learning and teaching.
- The Unit examines the “rules” and policies established by government and other non-business institutions that affect business in the United States.
- The Unit turns to history to understand the origins of today’s business environment as well as some of the alternatives that have emerged from time to time.
- The Unit examines other countries’ business environments and their historical development.
- The BGIE group is deeply interested in the impact of globalization and the way rules are emerging to govern international economic transactions as globalization proceeds.
Recent Publications
Tariff Passthrough at the Border and at the Store: Evidence from U.S. Trade Policy
- March, 2021 |
- Article |
- American Economic Review: Insights
A Diplomatic Counterrevolution: Indonesian Diplomacy and the Invasion of East Timor
- March 2021 |
- Article |
- Modern Asian Studies
Targeted Price Controls on Supermarket Products
- March 2021 |
- Article |
- Review of Economics and Statistics
Fairness or Control: What Determines Elected Local Leaders’ Support for Hosting Refugees in Their Community?
- 2021 |
- Working Paper |
- Faculty Research
The Chinese Debt Trap Is a Myth: The Narrative Wrongfully Portrays Both Beijing and the Developing Countries It Deals With.
- February 6, 2021 |
- Editorial |
- The Atlantic (website)
The Coronavirus (COVID-19) Pandemic and the Global Economy (B)
- February 2021 |
- Supplement |
- Faculty Research
Veracity Worldwide: Environmental, Social, and Governance (ESG) Risk
- February 2021 |
- Case |
- Faculty Research
Harvard Business Publishing
Seminars & Conferences
There are no upcoming events.