Bonsai Economics

Xu (2019) distinguishes three historical food regimes: the UK-dominant one (1850s-1917), US-dominant (1920s-early 1970s) and the current one where third world countries are highly reliant on European and American grains. You can read the full piece here: bonsai-economics.com/post/world-foo…

Zivkov et al (2018) show that Eastern European stock indexes are closely correlated to the German DAX, except for Romania's. This is partially explained by its relative less trade with Germany compared to others. You can read the whole piece here: lnkd.in/eGD4d-Tn

Acemoglu et al (2019) estimated that democratisation alone increases GDP by 20% in a 25-year horizon, by taking advantage of democratisation's characteristic of happening in waves. You can read the whole discussion by Nikolas Neos here: bonsai-economics.com/post/does-demo…

The Dell and Quarebin (2016) paper showed how US bombings in the Vietnam War considerably increased civilian support for the Viet Cong, effectively bombing them into communists. You can read the whole discussion by Deng Jing-Yuan here: bonsai-economics.com/post/bombed-in…

While traditional economic models have focused on the importance of bilateral exchange rates for international trade, Gopinath et al (2020) switch the focus to the value of the US dollar. You can read the whole discussion by Ioannis Milioritsas here: bonsai-economics.com/post/dominant-…

In our new piece, Sean Hays discusses the book 'The Prize' on the importance of oil in driving modern societies and geopolitics. bonsai-economics.com/post/why-oil-m…

In our most recent piece, Filippos Papasavvas presents the Harris (2020) paper which discusses the conflicting nationalist narratives of post-Soviet Russia and Ukraine. bonsai-economics.com/post/on-the-op…

We are very excited to announce that our new website is finally complete! With a brand new filter function, stylistic template, and other added features, we hope the changes will substantially improve your reading experience with us! bonsai-economics.com

A policy note by the Vienna Institute of International Economic Studies identified three 'nuclear' sanctions the West could impose on Russia in case it invades Ukraine. Swaantje Marten investigates which of these have been imposed to date: bonsai-economics.com/post/how-will-…