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Economics

Can Industrial Policy Help Revive Struggling Regions?

A new paper co-authored by Yale SOM’s Cameron LaPoint looks at an effort in 1980s Japan to narrow economic inequalities between geographic regions, in order to understand the potential impact of the similar U.S. CHIPS and Science Act, enacted in 2022.

President Joe Biden with a quantum computer during a tour of an IBM facility in Poughkeepsie, New York, in 2022.
  • What Will Trigger the Next Financial Crisis?

    Experts offer their take on where the next crisis will come from. They’ve seen the risk, and it is us.

    Currency of various countries
  • Insights Animation: The Economic Benefits of Immigration

    Do new arrivals in a country take jobs away from the native residents? The picture is much more complex than that, argues Yale SOM’s Mushfiq Mobarak.

    Illustration of people doing different jobs
  • What Is the Future of Globalization?

    A wave of nationalism around the world has left many wondering if the trend toward greater global connection has reversed. Global Network Perspectives asked faculty throughout the Global Network for Advanced Management about the future of globalization in their regions.

  • Does Immigration Create Jobs?

    Research shows that, contrary to much of the rhetoric on the topic, immigration can contribute to economic growth and expansion of the labor market

  • What’s the Future of U.S.-Mexico Relations?

    Professor Jeffrey Sonnenfeld recently assembled a group of business and political leaders from Mexico and the United States to discuss the state of the strained but critical relationship between the two countries.

    CEO Forum in classroom
  • How Does Immigration Affect Global Business?

    Immigration can help economies become more dynamic and efficient, but inclusive policies often create political landmines. How are countries around the world handling the challenge?

  • What Are the Consequences of India’s Currency Reform?

    In November, in an effort to fight corruption, India withdrew its two largest paper money denominations from circulation. Yale SOM’s Shyam Sunder looks at some possible effects of the change.

  • Donald Trump and the Sense of Power

    Yale's Robert J. Shiller writes that Donald Trump offered voters the promise of control over their own economic destinies. But it won't be easy for him to deliver.

  • Restricting Employment Restrictions

    Research shows that limiting enforcement of non-compete agreements encourages entrepreneurship and economic growth.

    Non-compete
  • What’s the Real Jobs Picture?

    Yale SOM’s Lisa Kahn on the revolutionary shift in labor markets as automation and offshoring reshape work as we’ve known it.

    What’s the Real Jobs Picture?