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%
BREAKING: Federal Reserve Chair Jerome Powell will attend the Supreme Court's hearing on Trump's attempted firing of Fed governor Lisa Cook, an unusual show of support by the central bank chair.
AP Source: Fed Chair Powell to attend Supreme Court argument on Cook case
Federal Reserve Chair Jerome Powell will attend the Supreme Court’s oral arguments Wednesday in a case involving the attempted firing of Fed governor Lisa Cook, an unusual show of support by the central bank chair.
bit.ly

Hot air rises above Swiss alps 😏🇨🇭

Large sales of US assets by European Investors would push up the euro (what other capital market could absorb the flow? EMs?) adding to European export woes? 🤔🇺🇸🇪🇺🇬🇧

Reposted by Tony Addison

#China
Children born in 2025 7.9 mio, children born in 2015 16.6 mio. Have there been similar collapses in peace time?

apnews.com/article/chin...
China's population falls again as births drop to lowest rate since 1949 communist revolution
China's population continues to shrink. Government statistics released on Monday revealed the population fell for the fourth straight year to 1.4 billion.
apnews.com

Reposted by Tony Addison

How to speak Davosian — for beginners ft.trib.al/ACcvvX5 | opinion
How to speak Davosian — for beginners
The phrases you might hear at this year’s World Economic Forum . . . and what they really mean
ft.trib.al
Deutsche Bank here with the good stuff.
Game on.

Surely ‘any old copper’ these days?

Reposted by Iikka Korhonen

“Studies estimate that Brexit-related NTBs increased U.K.–EU trade costs by approximately 2–12 percent in tariff-equivalent terms, with the largest increases observed for food products” 🇬🇧🇪🇺👇 www.federalreserve.gov/econres/note...
Lessons from Brexit on the Effects of Trade Disintegration
The Federal Reserve Board of Governors in Washington DC.
www.federalreserve.gov

Brexit lessons. Raising barriers to trade (NTBs in UK case, tariffs in US) 🇬🇧🇺🇸👇 www.federalreserve.gov/econres/note...
Lessons from Brexit on the Effects of Trade Disintegration
The Federal Reserve Board of Governors in Washington DC.
www.federalreserve.gov

Oil curse? 🇻🇪Venezuela is discussed in our (open access) book ‘Resources Matter: ending poverty while protecting nature’ (🌴🛢️) @unu-wider.bsky.social global.oup.com/academic/pro...
global.oup.com

Kvikk Lunsj v Kit Kat 🤔🇳🇴https://www.bbc.com/travel/article/20250909-kvikk-lunsj-the-controversial-sweet-that-fuels-norwegians
The controversial sweet that fuels Norwegians
Known as 'the trip chocolate', Kvikk Lunsj has fuelled outdoor adventures for generations. So, what makes this chocolate so controversial?
www.bbc.com

Classical piano music calms dogs! 🐕https://www.bbc.com/future/article/20251121-does-music-make-animals-calmer
Does music make animals calmer?
You can find many different music playlists for dogs and cats online. Do they actually help animals relax?
www.bbc.com

Reposted by Tony Addison

How can the world tackle poverty and climate change together?

As the world gathers for #COP30, our latest blog revisits a conversation with @opkuusela.bsky.social and @tonysangle.bsky.social on how innovation, policy and research can drive a just green transition.

Read the blog 👉 go.unu.edu/VbbP2

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