The rise of the Chinese EV industry has been enabled not only by generous government subsidies but also by profound changes in strategy and organization, and in particular by a distinctive revival of vertical integration—at both individual firm and national…

Contemporary debates around the governance of the global economy often center on the role of the International Monetary Fund (IMF), arguably the most powerful international organization that—among other responsibilities—provides loans to countries in economic crisis. The most recent iteration of…

The majority of countries in the world have some sort of fiscal rule: an institutional constraint on fiscal policies to discourage government overspending and reduce political influence on state expenditure. But these rules have their own politics. As Clara Zanon…