• Paul Tucker


April 25, 2024, Opinion: "One big thing was largely missing in recent discussions among economists and the economic policy community on the fringes of the IMF and World Bank spring meetings in Washington DC. The new geopolitics rarely surfaced at all. For example, “friendshoring”, the shifting of production to politically friendly countries, was discussed in terms of welfare costs, but not whether it might help the world’s liberal democracies survive superpower conflict. Economic models take peace and order for granted."